Finance News Archive History

Finance News

Interest rate rises 'still affecting construction industry'
Building approvals have decreased, according to the latest figures. Interest rate rises from last year are still affecting the construction industry, it has been said.According to the Australian Associated Press, last ...

Thu 31st Mar, 2011
'Fairness concerns' over new Aussie credit reporting regimen
Credit reporting could work as an "honour system" under the new regime, one industry expert has said. There are concerns over whether a new Aussie credit reporting regimen will be fair, it has emerged.Katherine Lane, of ...

Wed 30th Mar, 2011
Put an emergency 6 months' salary in a bank account 'to prepare for the worst'
Setting up an emergency cash stash could be useful to prepare for an unexpected disaster, it has been suggested. Those who want to safeguard themselves in case of any unexpected disaster should put some money away in their ...

Wed 30th Mar, 2011
Protect your email 'to reduce risk of credit card fraud'
People should not send credit card and bank account details via email. Australians need to ensure they protect their email in order to minimise the risk of private data being hacked into.This has been suggested by Mike ...

Tue 29th Mar, 2011
More Australians 'are defaulting on home loan repayments'
The floods in Queensland and Cyclone Yasi may have affected the Australian mortgage situation. There are more Australians defaulting on their home loan repayments.This is according to Aussie credit ratings agency Fitch, which ...

Mon 28th Mar, 2011
Pay off your credit card each week 'and get free money'
Paying off a credit card each week is like having free money from the bank, it has been suggested. People should make sure they pay off their credit card each month and get free money.This is the advice of Karina Barrymore, ...

Mon 28th Mar, 2011 (1 Comment)
Major Australian banks 'are expecting subdued Aussie credit growth'
Business spending could return when confidence does, it has been predicted. Subdued Aussie credit growth could be on the cards if the major Australian banks are anything to go by, it has been suggested.But according to Scott ...

Fri 25th Mar, 2011
Interest rate 'protection for families' is introduced
A price signalling crackdown has been put forward in parliament by treasurer Wayne Swan. Wayne Swan has announced a gap in competition law will be closed, it has been revealed.According to a piece in the Sydney Morning ...

Fri 25th Mar, 2011
Credit card providers 'among those vying over contactless payment methods'
The desire for contactless payment methods is increasing, one writer has suggested. Credit card providers, banks and phone carriers are among those who are competing over contactless payment methods, it has been ...

Thu 24th Mar, 2011
CBA launches flood package to home loan and credit card customers
The natural disaster has affected people in the south coast of the New South Wales region and around Illawarra. The Commonwealth Bank of Australia (CBA) has launched an emergency flood package to those affected by flooding in ...

Thu 24th Mar, 2011
NAB: Mortgage exit fee removal will benefit lenders offering a competitive interest rate
Home loan customers should get a "fairer deal" thanks to banks removing mortgage exit fees. The National Australia Bank (NAB) has revealed the removal of mortgage exit fees is a positive move for lenders offering customers a ...

Thu 24th Mar, 2011 (1 Comment)
Credit cards 'can be attractive to new businesses'
Companies like credit cards because they offer a quick access to finance, according to one writer. Small businesses may be keen on credit cards because they offer a quick way of paying for items, it has been suggested.Keeli ...

Wed 23rd Mar, 2011
How to budget with credit cards
People should be applying a section of their income to settling debts, it has been advised. Making a list of income and outcome from the last three months, including spend on credit cards, can help people to budget, it has ...

Wed 23rd Mar, 2011
Putting more money 'in savings accounts makes sense to a lot of Australians'
Saving money now could be particularly useful in the future if a person's pension is unable to support their lifestyle when they retire. The recent increase in the number of Australians conserving cash, which could be through ...

Wed 23rd Mar, 2011 (1 Comment)
Credit card laws could save families money on interest bills
Credit card repayments would go on the debt with higher interest rate under new laws. Families could save hundreds of dollars thanks to forthcoming Aussie credit card laws, it has been revealed.According to the Herald Sun, ...

Tue 22nd Mar, 2011
Good credit card deals 'are hard to come by'
Banks are more interested in winning mortgage business, one writer has said. Good credit card deals are becoming harder to come by, it has been said.According to Nicole Pedersen McKinnon, writing for the Sydney Morning ...

Tue 22nd Mar, 2011
Why not self-insure your pet with an online savings account?
It could save money in the long run, one writer has stated. Those who are concerned about their pet getting injuries but do not want to fork out on insurance might like to self-insure.According to Scott Pape, writing for the ...

Tue 22nd Mar, 2011
Australian consumer spending 'to stay sluggish'
Australian consumer spending will remain weak through much of 2011, it has been suggested. The chief executive of a major Australian retailer has warned that consumer sentiment down under is unlikely to improve in the near ...

Mon 21st Mar, 2011
Australians 'are avoiding the credit card debt trap'
There is an increasing number of people paying off their credit card in full each month, it has been stated. Australians are paying off their credit cards in the interest-free period, rather than becoming stuck in a debt ...

Mon 21st Mar, 2011 (1 Comment)
CBA: Debit and credit card transactions up by 0.5%
Consumer spending is up, according to one bank. The Commonwealth Bank (CBA) has revealed an increase in consumer spending.According to the financial organisation's Business Sales Indicator (BSI) - which tracks the value ...

Mon 21st Mar, 2011

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