Finance News Archive History

Finance News 

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  Schools 'should offer credit card advice'

  Young people need more guidance about applying for credit cards.Paul Ryan, managing director of Opportune Home Loans, states many consumers are unaware an overuse of credit cards and making multiple borrowing requests could ...

  Fri 29th May, 2009
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  NSW Police warn about flooding credit card scam

  Police in New South Wales are warning people to be wary of a credit card scam currently in operation.Following a call from a concerned member of the public to the Public Information and Inquiry Centre, the police force ...

  Fri 29th May, 2009
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  House asking prices rapidly falling

  According to a data collected by property information provider RP, people currently looking to sell their homes are having to significantly reduce their asking price if they expect to make a sale.The data shows that they are ...

  Thu 28th May, 2009
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  Banks make over $1bn in fees for 2008

  Australian's banks made more than $1 billion last year alone as a result of people exceeding credit limits, paying bills late and using through ATM charges.The banks have suggested that this figure could be cut by around 30% ...

  Thu 28th May, 2009 (1 Comment)
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  Government finds hand-out scheme included the deceased

  It has come to light that the Australian government's cash-handout scheme designed to help kick-start the economy has passed the aid to thousands of people that had earlier died. It has come to light that the Australian ...

  Thu 28th May, 2009 (1 Comment)
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  More than minimum card payments need to be made

  Credit card borrowers have been reminded of the importance that they pay off as much money on their debt as soon as possible.An article on Money-AU.com points out that only making the minimal monthly repayment is "an ...

  Thu 28th May, 2009
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  Commonwealth Bank reveals cautious credit card approach

  New research by Commonwealth Bank reveals that Aussies are taking more a responsible attitude towards credit cards and money management as a whole.Figures released by the bank - which offers the Commonwealth Gold credit card ...

  Thu 28th May, 2009
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  Do not ignore credit card bills

  It is crucial that consumers maintain awareness about their credit card usage.One such area particular attention needs to be paid towards, Money-AU.com reveals, is ensuring that demands for repayment are met on time.Although ...

  Wed 27th May, 2009
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  Westpac provides assistance for credit card borrowers

  Westpac Bank has unveiled a series of support measures aimed at helping credit card consumers and other customers in the wake of flooding that has ravaged the country.As part of a disaster relief package targeting those ...

  Wed 27th May, 2009
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  Credit card consumers need to be realistic about repaying debts

  Those looking to get on top of their finances need a plan.Such is the assertion of George Wright, a partner at HLB Mann Judd National Association, who claims that although consumers are presented with numerous opportunities ...

  Tue 26th May, 2009
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  Aussies 'should not have too many credit cards'

  It is crucial that Aussies do not overextend themselves when it comes to credit cards.Such is the assertion of Money-AU.com, which states that being in possessions of too many credit cards is "the most obvious ...

  Tue 26th May, 2009
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  Victoria residents warned of card scam

  Consumers in Victoria are being warned to keep aware of a credit card con currently in operation.VicRoads, the state's highway department, is advising people to ignore a phone scam operation currently doing the rounds.It ...

  Tue 26th May, 2009
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  Credit card awareness required

  It may sound obvious, but credit card customers are being reminded of the importance of reading the small print of their borrowing contract.Money-AU.com points out that tucked away in the terms and conditions of a report is ...

  Fri 22nd May, 2009
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  Change in behaviour 'can help to avoid credit card fees'

  A change in approach to credit card expenditure could help borrowers avoid being stung by bank fees.One way this could be done, claims David Bell, chief executive of the Australian Bankers Association, is by ensuring that ...

  Fri 22nd May, 2009
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  Tax returns 'should be used to pay down credit cards'

  There are better ways for Aussies to use their tax return than to spend it on clothes.Rob Nicholls, acting chief executive for Credit Union Australia (CUA), claims that although people may be tempted to put this cash towards ...

  Fri 22nd May, 2009
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  Stolen credit cards 'present challenge for Australia'

  International criminal gangs are targeting Australia as a place to use stolen credit cards, it has been suggested.Speaking to Risky.Biz, Kimberly Zenz, a cybercrime analyst at US-based firm iDefense, claims that the ...

  Thu 21st May, 2009
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  RBA notes credit card expenditure rise

  Credit card use continues to increase, it has been revealed.Figures published by the Reserve Bank of Australia (RBA) reveal that Aussies spent a total of $18.78 billion via credit and charge cards over the course of ...

  Thu 21st May, 2009
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  Balance transfer borrowers 'should remember negative hierarchy'

  Although opting for a 0% balance credit card deal can be an effective way for consumers to get to grips with their finances, borrowers opting such a move should endeavour to make sure they are aware of negative payment ...

  Thu 21st May, 2009
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  Commonwealth Bank gives card security tips

  Aussies have been given a range of tips on using credit cards safely by one financial expert.Speaking at the Cowell branch of the Probus Club, Christine Howard, of the Commonwealth Bank, took the time to discuss various ...

  Wed 20th May, 2009
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  Balance transfer advice given

  Those on the search for a 0% balance transfer have been advised to do so with caution.In a recent Money-AU.com article, Aussies hunting for such a credit card deal were reminded that despite making the move to a 0% credit ...

  Wed 20th May, 2009