Bank Account News Archive History

Bank Account News 

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  Interest rate rises 'still affecting construction industry'

  Building approvals have decreased, according to the latest figures. Interest rate rises from last year are still affecting the construction industry, it has been said.According to the Australian Associated Press, last ...

  Thu 31st Mar, 2011
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  Put an emergency 6 months' salary in a bank account 'to prepare for the worst'

  Setting up an emergency cash stash could be useful to prepare for an unexpected disaster, it has been suggested. Those who want to safeguard themselves in case of any unexpected disaster should put some money away in their ...

  Wed 30th Mar, 2011
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  More Australians 'are defaulting on home loan repayments'

  The floods in Queensland and Cyclone Yasi may have affected the Australian mortgage situation. There are more Australians defaulting on their home loan repayments.This is according to Aussie credit ratings agency Fitch, which ...

  Mon 28th Mar, 2011
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  Major Australian banks 'are expecting subdued Aussie credit growth'

  Business spending could return when confidence does, it has been predicted. Subdued Aussie credit growth could be on the cards if the major Australian banks are anything to go by, it has been suggested.But according to Scott ...

  Fri 25th Mar, 2011
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  Interest rate 'protection for families' is introduced

  A price signalling crackdown has been put forward in parliament by treasurer Wayne Swan. Wayne Swan has announced a gap in competition law will be closed, it has been revealed.According to a piece in the Sydney Morning ...

  Fri 25th Mar, 2011
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  NAB: Mortgage exit fee removal will benefit lenders offering a competitive interest rate

  Home loan customers should get a "fairer deal" thanks to banks removing mortgage exit fees. The National Australia Bank (NAB) has revealed the removal of mortgage exit fees is a positive move for lenders offering customers a ...

  Thu 24th Mar, 2011 (1 Comment)
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  Putting more money 'in savings accounts makes sense to a lot of Australians'

  Saving money now could be particularly useful in the future if a person's pension is unable to support their lifestyle when they retire. The recent increase in the number of Australians conserving cash, which could be through ...

  Wed 23rd Mar, 2011 (1 Comment)
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  Why not self-insure your pet with an online savings account?

  It could save money in the long run, one writer has stated. Those who are concerned about their pet getting injuries but do not want to fork out on insurance might like to self-insure.According to Scott Pape, writing for the ...

  Tue 22nd Mar, 2011
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  Australia mortgage arrears 'increased in Q4'

  Australian homeowners are finding it increasingly difficult to pay off home loans, new research has suggested. A new survey has indicated that a growing number of Australian householders are struggling to keep up with their ...

  Thu 17th Mar, 2011
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  Aussie households more cautious about debt, says RBA deputy

  RBA assistant governor Guy Debelle has noted increased "caution" among Australian consumers. Reserve Bank of Australia (RBA) assistant governor Guy Debelle has insisted that the country's economic recovery remains on ...

  Wed 16th Mar, 2011
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  British buyers 'eyeing Australian home loans'

  Many British families are considering taking out home loans to buy Australian properties, new figures have suggested. New data has indicated that the number of Brits pondering taking out home loans to buy Australian property ...

  Tue 15th Mar, 2011
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  RBA could raise cash rate in May, says JPMorgan

  A JPMorgan economist has predicted that the RBA will wait until at least May before increasing interest rates. A figure from financial giant JPMorgan has predicted that the Reserve Bank of Australia (RBA) will hike interest ...

  Tue 15th Mar, 2011
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  Home loan approvals increased

  Approvals have increased for home loans. Home loans have seen a 20 per cent approvals increase during February, according to Loan Market chief operating officer Dean Rushton.He suggested that despite a recovery in home loan ...

  Mon 14th Mar, 2011
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  Home loan interest rate could reach 8% for some in 2011, expert predicts

  One expert has predicted there will be two rate rises this year. The interest rate on home loans could reach eight per cent for some mortgage customers, it has been predicted.According to Brian Haratsis, chief economist at ...

  Thu 10th Mar, 2011
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  Home loans 'set to increase following decreased rates due to floods'

  The floods in Queensland have negatively affected the latest home loans figures, one expert has stated. Home loans are set to increase following a decrease due to the floods.This is according to ICAP senior economist Adam ...

  Wed 9th Mar, 2011 (1 Comment)
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  NAB predicts 'interest rate rise unlikely until August'

  It has forecast a rate rise of 0.25 per cent in August. The Reserve Bank of Australia (RBA) is unlikely to up the interest rate until August, one financial organisation has predicted.According to economists at the National ...

  Wed 9th Mar, 2011
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  Negotiate with a lender 'to consolidate personal loans with home loans'

  Consolidating personal loans with home loans could be the way forward for someone in debt, it has been advised. Those who have debt issues might like to negotiate with their lender to consolidate personal loans with home ...

  Tue 8th Mar, 2011
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  Online bank account fraud 'affects over 50 Australians a week'

  Such figures are set to be revealed later this week, one publication has stated. Online bank account fraud is affecting more than 50 Australians per week, it will be revealed.According to the Courier Mail, an Australian ...

  Mon 7th Mar, 2011 (1 Comment)
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  Australians 'move from fixed rate home loans to variable rate mortgages'

  People have been keen to search for home loan calculators on the internet, a study has revealed. Australians are looking to move on from fixed rate home loans to more variable rate mortgages, if recent figures are anything to ...

  Mon 7th Mar, 2011
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  'Shop around' for the best interest rate on term deposits

  Banks charge "reasonably high" rates on term deposits, so it might be best to shop around for the best one. Australians should ensure they shop around to get the best possible interest rate on term deposits, it has ...

  Fri 4th Mar, 2011 (1 Comment)