Bank Account News Archive History

Bank Account News

Banks told to reduce their fee's
Banks have been asked to reduce their fees by the Treasurer, Peter Costello. With the costs of deposit and loan facilities increasing by 2.2 per cent in the September quarter and 3.5 per cent over the last year, Banks have ...

Wed 28th Nov, 2007
ANZ delivers better than expected profits
Personal banking has contributed $1.442 billion to the ANZ Bank's profit result for the year to September, an increase of 16 per cent over the previous year. Personal banking has contributed $1.442 billion to the ANZ Bank's ...

Sat 24th Nov, 2007
More losses expected in the US sub-prime sector
The global credit crunch has further to run as more losses are expected in the US sub-prime sector and liquidity dries up. The global credit crunch has further to run as more losses are expected in the US sub-prime sector and ...

Fri 23rd Nov, 2007
Less people are able to save
An ING Direct-Melbourne Institute survey of 1,200 households has found that the proportion of families able to save has fallen from 54 per cent one year ago to only 46 per cent. An ING Direct-Melbourne Institute survey of ...

Sun 18th Nov, 2007
Quick Fix would save money
If the Reserve Bank does increase rates by 0.25 per cent at its next meeting in November repayments on a mortgage of $500,000 will increase by $84 per month. If the Reserve Bank does increase rates by 0.25 per cent at its ...

Thu 15th Nov, 2007