Finance News Archive History

Finance News

Credit card companies are making more money than ever from penality fees
AUSTRALIANS are paying down more of their credit card debt, but being slugged with higher fees for using them.Reserve Bank data shows that credit card fees have risen 170 per cent in the past five years. But this hasn’t ...

Tue 20th May, 2008
Health fund premiums could rise by over 230 dollars a year
PRIVATE health fund premiums could skyrocket by an extra $230 a year as health ministers debate whether insurers should pay the full cost when their members use a public hospital bed. PRIVATE health fund premiums could ...

Tue 20th May, 2008
NAB introduces free text banking
BRANCH-free banking is a step closer thanks to the National Australia Bank's introduction of banking by text. NAB customers can text instructions to their bank via its new SMS banking service. BRANCH-free banking is a step ...

Tue 20th May, 2008
Customers ready to switch banks
Customer loyalty towards banks is a thing of the past, research has found. An online poll conducted by mortgage broker Loan Market Group found 55 per cent of respondents would "definitely'' change banks once Federal ...

Mon 12th May, 2008
Debt stress rising for young Australians
Young Australians and people living in outer city suburbs are showing signs of severe debt stress, according to a new report from debt agency Dun & Bradstreet. Young Australians and people living in outer city suburbs are ...

Mon 12th May, 2008