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Bank Account News RSS Feed

  • Government reform 'driving home loan fees higher'
    Some lenders have hiked home loan charges ahead of this week's ban on exit fees, it has been claimed. An interest rate watchdog has claimed banks have responded pre-emptively to the government's controversial plan to ban ...
    Thu 30th Jun, 2011 (1 Comment)
  • NAB chief plays down home loan debt fears
    NAB chief executive Cameron Clyne has insisted the bank has not seen an increase in home loan arrears, despite recent concerns. The chief executive of National Australia Bank (NAB) has sought to assuage concerns over home ...
    Tue 28th Jun, 2011 (1 Comment)
  • Home loan news: Banks 'battling to retain custom'
    Consumers can obtain better home loan deals by approaching their existing lenders, an expert has suggested. An expert has advised householders looking for improved home loan deals to approach their existing lender before ...
    Tue 28th Jun, 2011
  • Home loan news: RBA 'likely to hold back on rates'
    The RBA is unlikely to implement a one-off interest rate cut to counteract global economic uncertainty, an expert has suggested. An expert has told consumers pondering taking out home loan deals that the Reserve Bank of ...
    Tue 28th Jun, 2011
  • Savings account news: Consumers 'struggle to switch banks'
    Switching between Australian banks remains a slow and difficult process, according to one expert. An expert has claimed Australian savings account consumers often find it difficult and time-consuming to switch from one bank ...
    Mon 27th Jun, 2011
  • Investors 'struggling to repay home loans'
    LJ Hooker has revealed that investors are behind most of the mortgage payment defaults in Nelson Bay. Many owners of investment properties are defaulting on their home loans in the Nelson Bay area, LJ Hooker has ...
    Wed 22nd Jun, 2011
  • Home loans customers reassured about housing market
    The outlook for the Australian housing market remains favourable, home loans customers have been advised. Households that have taken out home loans have been assured that conditions within the Australian housing market are ...
    Tue 21st Jun, 2011
  • Households encouraged to budget for home loans
    A charity group has said it is encouraging people in Melton to manage their finances to avoid falling behind on their home loans. Households who do not want to fall behind on their home loan repayments have been encouraged to ...
    Tue 21st Jun, 2011
  • Home loans news: Expected recovery in housing completions 'has not occurred'
    Ord Minnett has stated that the recovery in housing completions that had been expected this year has not taken place. People who are looking to take out home loans have been advised that the anticipated recovery in the number ...
    Tue 21st Jun, 2011
  • Home loans news: Semi-detached properties at a premium
    Semi-detached homes are proving to be scarce in some parts of Australia, according to a new report. Australians who are looking to take out home loans for a semi-detached property may find securing their ideal house proves ...
    Mon 20th Jun, 2011
  • NAB backs home loan exit fee ban
    NAB executive Lisa Gray has voiced support for the government's ban on home loan exit fees. National Australia Bank (NAB) has lent its support to government plans to scrap exit fees on home loans, claiming the move will have ...
    Fri 17th Jun, 2011 (1 Comment)
  • Savings account news: Finance minister upbeat about economy
    Penny Wong has expressed confidence in the government's plans to boost economic growth. Finance minister Penny Wong has advised savings account holders that Australia's economy remains firmly on the road to recovery, but ...
    Fri 17th Jun, 2011
  • Home loan news: Housing starts 'up in Q1'
    Housing starts increased in the first quarter, according to official data. New data has revealed that there was an unexpected increase in the number of new housing projects during the first quarter of this year, possibly ...
    Thu 16th Jun, 2011
  • Home loan news: Stevens talks up RBA rate hike
    The RBA will need to increase interest rates as the economic rebound gathers pace, governor Glenn Stevens has warned. Reserve Bank of Australia (RBA) governor Glenn Stevens has warned potential buyers pondering whether to ...
    Wed 15th Jun, 2011
  • Queensland home loan arrears 'worst in Australia'
    More Queenslanders are struggling to pay off home loan debts than anywhere else in Australia, according to new research. A new report has suggested that householders in Queensland are burdened by more home loan debt than ...
    Wed 15th Jun, 2011 (1 Comment)
  • MFAA hits out at home loan exit fee ban
    MFAA chief executive Phil Naylor has warned that banning home loan exit fees could damage competition. The Mortgage Finance Association of Australia (MFAA) has reiterated its criticism over government plans to ban home loan ...
    Tue 14th Jun, 2011 (1 Comment)
  • Rate hike 'would have home loan impact'
    A rise in interest rates would have an instant effect on homeowners, an expert has warned. Consumers pondering whether to take out home loans this summer have been warned that any Reserve Bank of Australia (RBA) interest rate ...
    Tue 14th Jun, 2011
  • NAB plays down home loan debt fears
    NAB is satisfied with its current level of home loan arrears, according to one executive. National Australia Bank (NAB) has insisted its home loan debt rates do not represent a threat to its profitability, with the financial ...
    Mon 13th Jun, 2011
  • Home loan lending still weak, says HIA
    Home loan lending remains well below pre-recession levels, according to the Housing Industry Association. The Housing Industry Association (HIA) has expressed concern about Australian banks' apparent hesitancy to provide ...
    Fri 10th Jun, 2011
  • Aussies 'choosing discounted home loans'
    Australians are increasingly opting for home loans with continuing discounted rates, according to research from Mortgage Choice. New research has suggested that home loans with ongoing discounted rates are proving ...
    Fri 10th Jun, 2011
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