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Bank Account News RSS Feed

  • Home loan delinquencies 'could double'
    Home loan delinquencies could surge if the RBA implements a series of base rate hikes, an expert has warned. Potential buyers mulling over the prospect of taking out home loans have been warned that impending interest rate ...
    Tue 31st May, 2011 (1 Comment)
  • Home loan delinquencies 'up in Q1'
    Home loan delinquencies climbed in the first quarter, according to data from Fitch Ratings. A new study has indicated that a growing number of Australians struggled to keep up with repayments on their home loans during the ...
    Thu 26th May, 2011
  • Banks hit out at government over credit cards
    The government has been criticised over plans to introduce tighter regulations on credit cards. The Australian Bankers' Association (ABA) has criticised the government over its planned crackdown on credit cards, claiming ...
    Wed 25th May, 2011
  • Home loan news: RBA 'uncertain over rate hikes'
    The RBA is uncertain about whether to implement base rate hikes, it has been suggested. An expert has advised those looking for home loans that the Reserve Bank of Australia (RBA) is yet to make the case for interest rate ...
    Wed 25th May, 2011
  • Banks 'set for home loan battle'
    Banks and credit unions will do battle to attract potential home loan customers over the next few months. Australia's banks are gearing up to woo potential buyers with cut-price home loans in an effort to breathe new life ...
    Tue 24th May, 2011 (1 Comment)
  • NAB launches home loan discounts
    NAB has announced that its online subsidiary Ubank will offer discounted home loans. A leading bank has unveiled new home loan deals in an effort to entice would-be buyers back on to the market, with the economic recovery and ...
    Mon 23rd May, 2011
  • Home loan news: Rate rise 'could hit house prices'
    Further RBA rate hikes could hit house prices over the coming months, one expert has warned. Consumers pondering whether or not to take out a home loan over the summer have been warned that Reserve Bank of Australia (RBA) ...
    Fri 20th May, 2011 (1 Comment)
  • Home loan news: Bank boss issues rate hike warning
    A senior figure at the Bank of Queensland has expressed concern over the possibility of further base rate hikes. Bank of Queensland managing director David Liddy has warned house-hunters pondering whether or not to take out ...
    Thu 19th May, 2011
  • Home loan news: Treasury secretary rejects tougher cuts
    Martin Parkinson has warned against swingeing public spending cuts following criticism of the government's recent Budget. Newly-appointed Treasury secretary Martin Parkinson has advised consumers considering taking out home ...
    Wed 18th May, 2011
  • Home loan approvals hit ten-year low
    Home loan approvals have slumped to their lowest level since 2001, according to official statistics. New figures have revealed that home loan approvals tumbled to their lowest level for a decade earlier this year, with ...
    Tue 17th May, 2011
  • Home loan news: RBA hints at higher bank rate
    The RBA has suggested that interest rates could rise again if inflation expectations remain on track. The Reserve Bank of Australia (RBA) has advised home loan clients that interest rates could be set to rise again at some ...
    Tue 17th May, 2011
  • Home loan news: Unemployment 'could delay rate hikes'
    Disappointing jobs data could sway the Reserve Bank of Australia's decision on interest rates, according to one expert. An expert has advised consumers considering taking out a home loan that Australia's relatively high ...
    Fri 13th May, 2011 (1 Comment)
  • Home loan news: WA unveils housing strategy
    The Western Australia state government has announced plans to boost social housing and home loans for low-income buyers. The state government of Western Australia has unveiled plans to encourage low-income consumers to ...
    Thu 12th May, 2011 (2 Comments)
  • Home loan arrears 'threaten banks'
    Banks could face mounting difficulties as a result of bad debts over the coming years, it has been suggested. Australia's banks have been warned by experts from Credit Suisse that the volume of clients struggling to keep ...
    Thu 12th May, 2011
  • Home loan news: Aussie cities 'driving housing market'
    Strong demand for urban property is supporting the wider Australian housing market, an expert has suggested. An expert has claimed that demand for property in Australia's sought-after urban areas is helping to support the ...
    Wed 11th May, 2011 (1 Comment)
  • Commonwealth Bank issues home loans warning
    Commonwealth Bank chief executive Ralph Norris has warned of further base rate hikes over the coming months. Financial giant Commonwealth Bank has warned that an increasing number of householders are experiencing difficulty ...
    Wed 11th May, 2011 (1 Comment)
  • Home loan news: Aussies warned of RBA rate hikes
    The RBA will continue to hike interest rates over the coming months, it has been claimed. Consumers considering taking out a home loan over the coming months have been warned by Australian banking figures to expect further ...
    Tue 10th May, 2011
  • Senate panel urges home loan law rethink
    A panel of non-government Senators has urged Wayne Swan to reconsider plans to ban home loan exit fees. A Senate committee has urged the government to reconsider its plan to ban home loan exit fees to boost competition in the ...
    Mon 9th May, 2011
  • GetUp! members refuse to support home loan strike
    Members of GetUp! did not support its plans to strike against the home loan market in Australia. Members of activist group GetUp! have refused to support its calls for a strike on buying houses that was proposed due to the ...
    Fri 6th May, 2011
  • Sony: No evidence of credit card misuse after security breach
    Sony has said there is no indication that there has been credit card fraud following its cyber attack. Credit card holders can rest assured after it has been said that there is no evidence to suggest fraudulent activity after ...
    Fri 6th May, 2011
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