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Bank Account News RSS Feed

  • Banks paying highest margins over interest rate for 'more than a decade'
    In more than ten years banks are paying their highest margins over the interest rate, one publication has noted. Banks are paying the highest interest rate in more than a decade.This is according to East and Partners, which ...
    Tue 25th May, 2010
  • RBA: There is no Aussie credit-fuelled speculative boom
    The Reserve Bank of Australia (RBA) has refused to accept there is a housing bubble in the country. There is no housing bubble in Australia, according to one industry body.The Reserve Bank of Australia has assured citizens ...
    Wed 19th May, 2010
  • 'Housing affordability as bad as 2007' after successive interest rate rises
    Housing affordability may become as bad as in 2007, one industry expert has said. Successive interest rate increases have taken their toll on the housing industry, according to one expert.Housing Industry Association (HIA) ...
    Tue 18th May, 2010
  • 'RBA points towards' interest rate rise break on June 1st
    There could be a break in the interest rate increase on June 1st, after indications in the latest Reserve Bank of Australia minutes. The Reserve Bank of Australia (RBA) has pointed towards an interest rate rise break on June ...
    Tue 18th May, 2010
  • First home saver account changes announced in budget
    Home saver account holders will need to wait four years to use the money for a house under the new Federal budget. Treasurer Wayne Swan announced the Federal budget yesterday (May11th) and revealed that those with a first ...
    Thu 13th May, 2010 (1 Comment)
  • Interest rate hikes 'are impacting on home loan demand'
    The demand for home loans has been affected by the recent interest rate hikes, one industry expert has said. The recent interest rate hike by the Reserve Bank of Australia (RBA) is starting to affect the demand for home ...
    Wed 12th May, 2010
  • Savings accounts are 'mostly cheaper for banks'
    It is a good time to be a saver, one industry expert has said. Banks have been nice to people who are saving lately, according to one industry expert.David Potts, writing for Business Day, said savings accounts are cheaper ...
    Mon 10th May, 2010
  • Job adverts down 'as interest rate rises'
    Job advertisements suffered in April, one study has shown. The amount of jobs advertised in Australia in April decreased following another interest rate rise.This is according to an ANZ bank monthly survey, which noted the ...
    Mon 10th May, 2010
  • NAB increase interest on savings accounts
    People with savings accounts at the National Australia Bank could be alerted to news it has upped the interest on some of its savings accounts. The National Australia Bank (NAB) has increased the interest rate on a range of ...
    Fri 7th May, 2010
  • Interest rate cut next month predicted by credit markets
    An interest rate cut has been predicted by a selection of credit markets. There could be an interest rate cut by the Reserve Bank of Australia (RBA) next month.This is according to various credit markets, which believe the ...
    Fri 7th May, 2010
  • RBA are probably going to pause on interest rate rise, expert says
    There may not be another immediate interest rate rise, according to one industry expert. The Reserve Bank of Australia (RBA) could pause now on another interest rate rise.This is according to Citigroup director Paul Brennan, ...
    Wed 5th May, 2010
  • Rates increased on range of Commonwealth Bank savings accounts
    People with Commonwealth Bank savings accounts could be alerted to a planned rate rise. The Commonwealth Bank is set to increase the interest rate on a selection of its savings accounts.People who have money in the NetBank ...
    Tue 4th May, 2010
  • RBA: Interest rate up to 4.5%
    A third consecutive interest rate rise has been confirmed by the RBA. The Reserve Bank of Australia (RBA) has increased the interest rate for a third successive month by 0.25 per cent.It has now set a new official cash rate ...
    Tue 4th May, 2010

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