Credit Card News Archive History

Credit Card News 

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  Aussies to spend $200m 'on health and gyms' in 2010

  Aussies are set to spend millions on health and gym treatments next year, according to one expert's comments. Aussie consumers will access their credit card or current account to spend a collective $200 million on health ...

  Thu 31st Dec, 2009
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  Bad weather 'drives people to shop'

  Consumers have been encouraged to shop more over the past few days, it has been reported. Poor weather over recent weeks has seen people spend both more time and money shopping, it has been reported.As an article in the ...

  Wed 30th Dec, 2009
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  Aussies 'splash cash in post-Christmas sales'

  Billions of dollars are to be spent in the post-Christmas sales as people scour the shops for bargains, new research shows. Aussies could well be turning to credit cards and other borrowing products in order to splash out on ...

  Tue 29th Dec, 2009
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  Australians 'owe more than Americans'

  The Australian national debt has surpassed that of the US, it has emerged. Australians owe a record amount of money on credit cards and other forms of borrowing, it has been reported.Figures released by the Reserve Bank of ...

  Tue 29th Dec, 2009
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  ARA points to spending cutbacks

  Despite many retailers reporting a fall in Christmas trading, research shows tills could be boosted by a last-minute shopping blitz. Consumer spending this festive period is significantly below that of 2008, new research ...

  Thu 24th Dec, 2009
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  Queensland residents 'should spend responsibly'

  With Christmas just two days away, Australians are advised to spend their money carefully over the festive period. As the festive season continues, those in one area of Queensland are urged to manage their money ...

  Wed 23rd Dec, 2009 (1 Comment)
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  Community banking 'catches on'

  More than 1,000 consumers in New South Wales are making use of a community bank in South Grafton. A recently-established community bank in New South Wales is proving popular among consumers.Julie-Ann Rose, chair of the South ...

  Wed 23rd Dec, 2009
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  RBA 'may hold back on rate rise'

  There may not be another change to the headline rates interest for another two months, it has been suggested. The Reserve Bank of Australia (RBA) could be set to leave interest rates unchanged until next February.Such is the ...

  Tue 22nd Dec, 2009
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  Credit cards 'should be considered before applying for home loans'

  Would-be home loan borrowers are being advised to look at their credit cards prior to applying for more credit. People looking to take out a home loan should first lend consideration to their credit cards, one financial ...

  Tue 22nd Dec, 2009
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  Queensland borrowers 'better off due to rate cap'

  Moves to cap interest rates on credit cards and other forms of borrowing have proven to be of benefit to Queensland residents, it has been reported. An initiative to protect low-income Queenslanders from high interest debts ...

  Tue 22nd Dec, 2009
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  Consumers 'wary of credit cards'

  People are looking to use cash and debit cards, rather than credit cards, in the build-up to Christmas, one financial expert claims. A cautious approach to Aussie credit is currently being taken, it has been reported.Speaking ...

  Mon 21st Dec, 2009
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  Warning issued on Christmas credit card use

  Credit cards used to finance Christmas expenditure should be cleared off immediately, one politician points out. Australians planning on funding this Christmas with their credit cards are advised to pay off their debts as ...

  Mon 21st Dec, 2009
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  ANZ CEO points to rise in credit card use

  Consumers feel more confident about borrowing, according to one banking expert. Improvements in the Aussie credit market have been noted, it has been reported.ANZ Banking Group chief executive Mike Smith points out that ...

  Fri 18th Dec, 2009
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  Businesses 'need to bear financial targets in mind'

  Entrepreneurs should keep both their short and long term financial goals in mind, one business expert claims. Start-up businesses have been reminded of the need to keep a close eye on their finances and have clear targets in ...

  Fri 18th Dec, 2009
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  Commonwealth wins travel card accolade

  A prepaid travel card on offer from the Commonwealth Bank has been praised at a Paris event. Commonwealth Bank has picked up a prestigious accolade, it has been revealedAt the OSCARDS awards ceremony, the firm's Commonwealth ...

  Thu 17th Dec, 2009
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  RBA notes fall in credit card expenditure

  Less money was spent on credit cards during October, however, new research shows that the overall amount owed has increased. New research has revealed a fall in Aussie credit transactions over the course of October.During the ...

  Thu 17th Dec, 2009
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  Fee cuts 'improve NAB customer satisfaction'

  Removing bank account fees appears to have paid off for one financial services firm. The chief executive of one leading Australian banking institution has pointed out the fall in customer complaints his organisation has ...

  Thu 17th Dec, 2009
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  Taxi credit card surcharge 'is unreasonable'

  Charges placed on taxi customers who pay by credit card is a bone of contention among many executives. Australians take a dim view towards the surcharge imposed for paying for taxi journeys with credit cards.This is one of ...

  Wed 16th Dec, 2009
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  Taking steps to protect personal details advised

  Efforts need to be made to prevent their financial and personal information being accessed by criminals. People will be advised to ensure their bank account and credit card details - as well as other sensitive pieces of ...

  Wed 16th Dec, 2009
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  Tasmanian debt concerns unveiled

  Getting to grips with debt is a struggle for a significant number of Tasmanians, it has been reported. Residents of Tasmania remain concerned about their ability to manage their debts, new research would appear to indicate.In ...

  Tue 15th Dec, 2009