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Finance News Archive History

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Finance News RSS Feed

Aussie credit flow 'did not stop for homebuyers during GFC'
The global financial crisis did not affect the Aussie credit received by homebuyers, the Reserve Bank of Australia says. A consistent flow of Aussie credit did not stop any property buyers during the global financial crisis ...
Wed 31st Mar, 2010
Rewards credit card launched by bank and airline
A new rewards credit card initiative has been announced by St George Bank and Qantas. St George Bank and Qantas have announced a new rewards credit card. Amplify offers customers a choice of rewards programmes, including the ...
Wed 31st Mar, 2010
Government 'will hopefully cut tax on interest from savings accounts'
Cutting interest from savings accounts will hopefully be a move made by the government in the near future, according to one writer. The government will hopefully cut tax on the interest from savings accounts. This is ...
Tue 30th Mar, 2010
RBA: We cannot assume interest rate will remain low
An interest rate hike could be on the cards after the Reserve Bank of Australia said people cannot expect it to remain low. The Reserve Bank of Australia (RBA) has warned people they cannot expect the interest rate to remain ...
Mon 29th Mar, 2010
Banks offering term deposits rates 'above official benchmarks'
Term deposits are being offered to customers above official market benchmarks, the Reserve Bank of Australia says. Some banks are offering term deposits and savings rates above official market benchmarks, according to the ...
Mon 29th Mar, 2010
Bank reaffirms eco-efficiency with online credit card statements
Earth Hour begins this weekend and Commonwealth Bank will be switching off lights to help out. Commonwealth Bank has reaffirmed its eco-friendly attitude before the start of Earth Hour this weekend.One of its steps has been ...
Fri 26th Mar, 2010
BOQ to waiver charges on term deposit for cyclone victims
Term deposit charges will be waived – on a case-by-case basis- for Bank of Queensland customers who have been affected by cyclone Ului. Bank of Queensland (BOQ) is set to waiver charges on term deposits for some ...
Fri 26th Mar, 2010
Commonwealth Bank offers contactless credit card payment at show
Contactless payment will be available at the Royal Easter Show to Commonwealth Bank credit card customers. Commonwealth Bank credit card customers will be able to use contactless payment at the Royal Easter Show this year. ...
Thu 25th Mar, 2010
Credit card instalments reviewed by bank for flood victims
Australians affected by the recent storms across Perth will have their credit card instalment payments reviewed if they have one with Commonwealth Bank. Commonwealth Bank has announced it will review credit card instalment ...
Thu 25th Mar, 2010
Australians 'are being ripped off' over credit card interest
Some banks are not treating Australian credit card customers fairly, one industry expert says. Australians with credit cards are not being treated fairly by some banks, according to one industry expert.Consumer group Choice ...
Wed 24th Mar, 2010
Credit card rule reforms are "overdue"
There needs to be reforms in terms of credit card rules, one writer says. Australian credit card rules need to be looked at and changed, according to one writer.The Age's John Collett believes the time has come for reform ...
Wed 24th Mar, 2010
Customers use shops 'to withdraw cash from bank accounts'
Shoppers are using the cash-back service at supermarkets to avoid paying bank fees when withdrawing money. Australian shoppers are avoiding unnecessary fees by getting cash-back from their bank account when they get to the ...
Tue 23rd Mar, 2010
Three images of possible credit card fraudsters released
New South Wales Police have released images of three possible credit card fraudsters. Three images of possible credit card fraudsters have been released by the New South Wales Police force.A con took place in Sydney's ...
Tue 23rd Mar, 2010
Westpac 'to increase fees' on credit card accounts
People who have credit cards with Westpac will be alerted to the news they will have to pay interest on their charges. Westpac has written to credit card customers to inform them they will have to pay interest on their ...
Tue 23rd Mar, 2010
Social networking site details 'lead to credit card fraud'
Australians who put personal details on websites are vulnerable to credit card fraud, according to the police. People on social networking sites are becoming victims of credit card fraud after posting too much detail about ...
Mon 22nd Mar, 2010
No credit card payments allowed at "small" post office
The implementation of an Electronic Point of Sale machine has been denied after it was judged a post office did not have enough business. The Guildford Post Office is not allowed to have an Electronic Point of Sale machine ...
Mon 22nd Mar, 2010
Commonwealth Bank: February credit card spending flat
Spending on debit and credit cards was flat in the month of February, new research shows. Consumer retail spending remained fairly flat last month, new research shows.Statistics recorded by Commonwealth Bank (CB), which ...
Fri 19th Mar, 2010
Man to appear in court under suspicion of credit card fraud
A 24-year-old will appear in court in relation to a string of credit card fraud offences. A man is due to appear in court on suspicion of credit card fraud.New South Wales Police reports the 24-year-old was arrested in ...
Thu 18th Mar, 2010
NAB 'keen to make Australian banking fairer'
Steps are being taken by National Australia Bank to offer a fairer and more effective service to customers. National Australia Bank (NAB) has highlighted the efforts it is taking to make Australian banking a fairer ...
Thu 18th Mar, 2010
Rise in middle-income people struggling with credit card noted
Middle-income earners are developing problems paying their credit cards and mortgages. Increasing numbers of people on middle and high salaries are struggling to keep on top of their Australian banking commitments.So claims ...
Wed 17th Mar, 2010
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