Bank Account News Archive History

Bank Account News 

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  Australian banking: Dollar moves higher

  The Australian dollar has pushed higher versus the greenback. A boost has been given to the Australian banking sector today (August 31st) as the dollar strengthened in markets.The currency moved from US$1.0661 earlier in ...

  Wed 31st Aug, 2011
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  Australian banking 'in a good position due to action taken'

  Action taken by the Reserve Bank ensured the current strength of Australian banking, it has been suggested. The current state of Australian banking vindicates action taken in the nation to prevent it from feeling the worst of ...

  Wed 31st Aug, 2011
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  Deposit-based savings account 'is a shrewd acquisition'

  Savings accounts come highly recommended by one expert. Aussie consumers have been advised that a deposit-based savings account is one of the first financial tools they should ensure they have at their disposal.Phil Perry, a ...

  Fri 26th Aug, 2011
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  Australian banking 'is supremely healthy'

  The state of banking down under is said to be good. The Australian banking sector has won further praise this week from the Australian Bankers' Association (ABA), which has backed claims made by the Reserve Bank.A ...

  Fri 26th Aug, 2011
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  Banks 'can do more to please best accounts holders'

  Communication is the key to great banking. Banks in Australia are among those to have been advised that they can do more to satisfy the holders of their best accounts.Lawrence Gold, a financial expert, has had his say on the ...

  Thu 25th Aug, 2011
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  Australian banking 'is safest in the world'

  Australian banking moved into a position of new strength this week. The Australian banking system has been praised this week, with bond markets said to be rating it as the world's safest financial haven at the current ...

  Wed 24th Aug, 2011
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  Australian banking: Dollar up in trading

  The Australian dollar enjoyed a positive day. The Australian banking industry received a further boost late today (August 24th) when it was announced that the country's currency had risen in value.According to the Wall ...

  Wed 24th Aug, 2011
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  Aussie credit situation 'is volatile'

  Australian investors are concerned by debt elsewhere in the world. The Aussie credit situation down under is wild and unpredictable, if the latest findings on the subject are anything to go by.A report by Bloomberg has found ...

  Tue 23rd Aug, 2011
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  Future of Australian banking is "alarming"

  There are worrying signs, despite Australia's strong banking system. Those involved in Australian banking – as well as residents of the country – may have reason to be concerned by the way the industry is ...

  Mon 22nd Aug, 2011
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  Does Australia offer best accounts?

  Bank accounts in Australia may be among the most secure. Consumers looking for the best accounts might find they have access to them in Australia, as the nation enjoys its relatively strong financial position.A report by ABC ...

  Thu 18th Aug, 2011 (1 Comment)
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  Julia Gillard: Europe debt crisis is a threat to Australian banking

  Australian banking could be under threat should Europe's debt crisis escalate. Australian banking could be destabilised by the financial crisis in Europe and in the US, according to prime minister Julia Gillard.In an ...

  Thu 18th Aug, 2011
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  Aussie bank accounts news: Workers' wages grow at faster rate

  More money could be saved by Australians over the coming months. Australian employees could have more cash to add to their bank accounts after wages in the country were said to rise at a particularly rapid rate.According to ...

  Wed 17th Aug, 2011
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  Savings accounts with big Australian banks 'are safe'

  Australia's major banks remain sturdy despite global financial uncertainty, according to Moody's. Credit rating agency Moody's has sought to reassure savings account holders that Australia's major financial ...

  Wed 17th Aug, 2011
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  Savings account news: Aussie interest rate to be frozen

  Australia's interest rate looks set to remain at 4.75 per cent in the short term. Consumers with a savings account in Australia will be interested to learn that it looks like the national interest rate will be frozen in the ...

  Tue 16th Aug, 2011
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  Australian savings accounts could be hit by growth downturn

  There is a downturn in the Australian economy at present. Australian consumers with savings accounts to protect in the nation could be concerned by the current economic downturn.The Australian has reported that the sovereign ...

  Mon 15th Aug, 2011 (1 Comment)
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  Savings account news: Minister plays down jobs fears

  Penny Wong has sought to reassure Australians that the job market remains robust. Finance minister Penny Wong has sought to reassure savings account holders that the recent rise in joblessness is not a sign of underlying ...

  Fri 12th Aug, 2011 (1 Comment)
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  Aussies 'putting more into savings accounts'

  Australians are putting more money into their savings accounts, according to new research. A new study has indicated that a growing number of Australian shoppers are choosing to put more money into their savings accounts due ...

  Thu 11th Aug, 2011
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  Savings account news: RBA 'unlikely to cut rates'

  The RBA will most likely keep interest rates on hold until inflation eases, it has been suggested. The Reserve Bank of Australia (RBA) has been tipped to keep interest rates on hold until inflationary pressures begin to ease, ...

  Wed 10th Aug, 2011
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  Home loan approvals 'flat in June'

  Home loan approvals were little changed last month, according to official figures. Official data has revealed that the number of home loan approvals was little changed last month, with the property market relatively weak as ...

  Tue 9th Aug, 2011
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  Savings account news: RBA tipped to cut rates

  The RBA could cut interest rates later this year, according to a report. Savings account holders have been advised that the Reserve Bank of Australia (RBA) may have little option but to cut interest rates before the end of ...

  Mon 8th Aug, 2011 (1 Comment)