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  • 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
  • Credit Card users can make significant savings by transfering their balance
    Credit card issuers have become more wary of "rate tarts" who shift card balances around to take advantage of introductory low rate offers Credit card issuers have become more wary of "rate tarts" who shift card balances ...
    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
  • Inflation fears cuts credit card spending
    In a survey conducted by the Melbourne Institute only 13.4 per cent of respondents said that they think that inflation will drop to within the Reserve Bank's target band of 2 to 3 per cent.  In a survey conducted by the ...
    Thu 22nd Nov, 2007 (1 Comment)
  • 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
  • New 'Virtual Card' Protects Online Shoppers
    A new method has been created for online payments so that credit card and bank account details do not need to be used. Consumers can buy a VCard virtual voucher with credit of up to $1,000 which can then be used instead of a ...
    Sat 17th Nov, 2007 (1 Comment)
  • 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
  • Pay-Pal moves into credit card territory
    In a challenge to credit cards online payments company PayPal is expected to launch a service sometime in the next few weeks that will allow Australian customers to make payments for prepaid mobile accounts online. In a ...
    Sat 10th Nov, 2007
  • Trend shows an increase in Credit Card repayments
    The latest figures from the Reserve Bank of Australia show that more consumers are trying to reduce their credit card debt with an average balance in August of $2,999, down slightly from the previous month, The latest figures ...
    Fri 2nd Nov, 2007

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