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Finance News Archive History

  • March 2010 (18)
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Finance News RSS Feed

Aussie credit rating improves for Bendigo and Adelaide Bank
The Aussie credit rating of the Bendigo and Adelaide Bank has been upgraded. People with a Bendigo and Adelaide Bank credit card could be pleased to note it had some good news after its Aussie credit rating was upgraded to ...
Thu 11th Mar, 2010
St George bank account service open 24/7
The St George Customer Contact Centre has extended its opening times. People with a St George bank account can now give its Customer Contact Centre a ring anytime of the day.The bank – which offers St George credit cards ...
Thu 11th Mar, 2010
Commonwealth Bank reviewing credit card options for flood victims
Credit card instalments will be reviewed by the Commonwealth Bank to help out people in Riverina, New South Wales, affected by flooding. The Commonwealth Bank has announced it will review credit card instalments for flood-hit ...
Wed 10th Mar, 2010
Interest rate rise 'affects home loan demand'
Home loan demand was affected by interest rate rise. The three successive interest rate increases by the Reserve Bank of Australia (RBA) at the end of 2009 has had an affect on home loan demand, according to one ...
Wed 10th Mar, 2010
Increase in credit card spending 'for 30 to 64-year-olds during GFC'
A rise in salary payments and an increase in card spending both occurred for Australians aged between 30 and 64-years-old, according to one bank. Australians aged between 30 and 64 increased their credit card spending and had ...
Wed 10th Mar, 2010
Regular Aussie credit in loan account 'will build equity'
A person's equity will increase if they put a decent amount of credit into a Commonwealth home loan account, according to the bank. Investing a regular amount of Aussie credit into a Commonwealth home loan account will ...
Tue 9th Mar, 2010
Dating agency uses credit card details without authorisation
A person's credit card has been used by a dating agency without permission. A dating agency has been found to have used a person's credit card without having the proper authorisation, the Southport Magistrates Court was ...
Tue 9th Mar, 2010
'Women are in charge' of most couples' joint savings accounts
Women take charge of the savings account in a relationship rather than men, a survey has discovered. The savings accounts of most couples are looked after by the woman in the relationship, a recent poll suggested.Westpac ...
Mon 8th Mar, 2010
Bank Of Queensland waiver term deposit charges 'to help flood victims'
Flood-hit Queenslanders could be pleased to see announcements by the Bank of Queensland planning to help out victims by allow the relinquishment of term deposit charges. The Bank of Queensland (BOQ) has announced it is set to ...
Mon 8th Mar, 2010
Higher interest rates 'could benefit online savers'
The Reserve Bank of Australia's interest rate rise could benefit people with online savings accounts, according to one expert. People with online savings accounts could be set to benefit after the Reserve Bank of Australia's ...
Fri 5th Mar, 2010
Credit card use 'fell behind debit cards in 2009'
The credit card is becoming less popular than the debit card, according to one expert. Scheme debit cards are arguably having a wider acceptance than credit cards, according to one industry expert.Robert Morgan, head of ...
Fri 5th Mar, 2010
Citibank to offer prepaid Aussie credit rewards
The prepaid card market will now include Citibank. Citibank is planning to go into the prepaid card market, in which businesses can offer Aussie credit to customers on the cards as a reward scheme.The bank – which offers ...
Thu 4th Mar, 2010
Potential 'professor of credit card fraud' sentenced
A man has been sentenced after committing a series of credit card frauds, a court was told. A man said to have had the potential to become a "professor of fraud" after he committed credit card cons has been ...
Thu 4th Mar, 2010
Bank account details 'sent to wrong people'
Around 42,000 St George bank customers have had their account details sent to other people. Other people's bank account details have been sent to around 42,000 St George bank customers.Account numbers and transaction ...
Wed 3rd Mar, 2010
Greens call for removal of Australian banking fee
Proposals to withdraw a $2 fee that people are forced to pay when using an ATM provided by a bank they are not a customer with are set to be made by the Australian Green Party. The Australian Green Party is in favour of ...
Wed 3rd Mar, 2010
Swan: Interest rates cannot stay at emergency levels forever
Businesses and families are being told interest rates cannot remain at "emergency levels forever" by treasurer Wayne Swan. Treasurer Wayne Swan has called on families and businesses to understand the interest rate ...
Tue 2nd Mar, 2010
Commonwealth Bank reacts to RBA rise
The Commonwealth Bank has increased its interest rates after the government decided to up the cash rate. The Commonwealth Bank reacted to the government's decision to increase the cash rate by upping interest rates across a ...
Tue 2nd Mar, 2010
Aussies warned about online scams
Aussies have been warned about online scams that could threaten their financial stability. Aussie credit could be at risk from the significant number of scams targeting honest customers, it has been suggested.The total amount ...
Mon 1st Mar, 2010
ANZ credit card growth 'reflects on its profit'
ANZ credit card growth was one factor in the bank recording a $1.6 billion after-tax profit. A growth of ANZ credit cards helped the bank to record a $1.6 billion after-tax profit for the four months up to the end of January ...
Fri 26th Feb, 2010
'Good dynamic for economy' could mean interest rate rise
The interest rate could be set to increase, according to one expert. An interest rate rise could be on the cards for Australians, according to one industry expert.James McIntyre, an economist for Commonwealth Bank – ...
Fri 26th Feb, 2010
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