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Bank Account News

Aussie credit flow 'did not stop for homebuyers during GFC': The global financial crisis did not affect the Aussie credit received by homebuyers, the Reserve Bank of Australia says. A consistent flow of Aussie credit did not stop any property buyers during the global financial crisis ...; Wed 31st Mar, 2010
Government 'will hopefully cut tax on interest from savings accounts': Cutting interest from savings accounts will hopefully be a move made by the government in the near future, according to one writer. The government will hopefully cut tax on the interest from savings accounts. This is ...; Tue 30th Mar, 2010
RBA: We cannot assume interest rate will remain low: An interest rate hike could be on the cards after the Reserve Bank of Australia said people cannot expect it to remain low. The Reserve Bank of Australia (RBA) has warned people they cannot expect the interest rate to remain ...; Mon 29th Mar, 2010
Banks offering term deposits rates 'above official benchmarks': Term deposits are being offered to customers above official market benchmarks, the Reserve Bank of Australia says. Some banks are offering term deposits and savings rates above official market benchmarks, according to the ...; Mon 29th Mar, 2010
BOQ to waiver charges on term deposit for cyclone victims: Term deposit charges will be waived – on a case-by-case basis- for Bank of Queensland customers who have been affected by cyclone Ului. Bank of Queensland (BOQ) is set to waiver charges on term deposits for some ...; Fri 26th Mar, 2010
Customers use shops 'to withdraw cash from bank accounts': Shoppers are using the cash-back service at supermarkets to avoid paying bank fees when withdrawing money. Australian shoppers are avoiding unnecessary fees by getting cash-back from their bank account when they get to the ...; Tue 23rd Mar, 2010
NAB 'keen to make Australian banking fairer': Steps are being taken by National Australia Bank to offer a fairer and more effective service to customers. National Australia Bank (NAB) has highlighted the efforts it is taking to make Australian banking a fairer ...; Thu 18th Mar, 2010
NAB bank account wins award: NAB takes award at Sydney ceremony for its Classic Banking bank account. The NAB Classic Banking bank account has won an award. NAB headed the list of best accounts to take the CHOICE Award - best low-fee bank account, at the ...; Wed 17th Mar, 2010
Saving account rates 'take a hit': Interest across a number of fixed-rate term deposit products have been cut in recent weeks. Those seeking the best accounts to deposit their spare cash have been hit by falling rates on fixed-rate term deposits.An article in ...; Tue 16th Mar, 2010
Debit and credit card users 'avoiding ATMs': The Reserve Bank of Australia has revealed that ATM transactions have declined since banks were forced to display fees on screen. Millions of Australian debit and credit card holders are shunning ATMs to avoid paying fees for ...; Mon 15th Mar, 2010
Flood-affected Westpac customers 'given credit card relief': Financial relief has been given to Westpac customers affected by storms and flooding in parts of Victoria and Melbourne. Westpac customers affected by storms and flooding in Melbourne and parts of Victoria have been offered ...; Fri 12th Mar, 2010
St George bank account service open 24/7: The St George Customer Contact Centre has extended its opening times. People with a St George bank account can now give its Customer Contact Centre a ring anytime of the day.The bank – which offers St George credit cards ...; Thu 11th Mar, 2010
Interest rate rise 'affects home loan demand': Home loan demand was affected by interest rate rise. The three successive interest rate increases by the Reserve Bank of Australia (RBA) at the end of 2009 has had an affect on home loan demand, according to one ...; Wed 10th Mar, 2010
Regular Aussie credit in loan account 'will build equity': A person's equity will increase if they put a decent amount of credit into a Commonwealth home loan account, according to the bank. Investing a regular amount of Aussie credit into a Commonwealth home loan account will ...; Tue 9th Mar, 2010
'Women are in charge' of most couples' joint savings accounts: Women take charge of the savings account in a relationship rather than men, a survey has discovered. The savings accounts of most couples are looked after by the woman in the relationship, a recent poll suggested.Westpac ...; Mon 8th Mar, 2010
Bank Of Queensland waiver term deposit charges 'to help flood victims': Flood-hit Queenslanders could be pleased to see announcements by the Bank of Queensland planning to help out victims by allow the relinquishment of term deposit charges. The Bank of Queensland (BOQ) has announced it is set to ...; Mon 8th Mar, 2010
Higher interest rates 'could benefit online savers': The Reserve Bank of Australia's interest rate rise could benefit people with online savings accounts, according to one expert. People with online savings accounts could be set to benefit after the Reserve Bank of Australia's ...; Fri 5th Mar, 2010
Bank account details 'sent to wrong people': Around 42,000 St George bank customers have had their account details sent to other people. Other people's bank account details have been sent to around 42,000 St George bank customers.Account numbers and transaction ...; Wed 3rd Mar, 2010
Greens call for removal of Australian banking fee: Proposals to withdraw a $2 fee that people are forced to pay when using an ATM provided by a bank they are not a customer with are set to be made by the Australian Green Party. The Australian Green Party is in favour of ...; Wed 3rd Mar, 2010