Banking News

VIDEO: InfoChoice on Today Tonight - $6bn Savings
Saturday November 7


UBank offers rate assurance on the USaver
Saturday November 7
UBank has committed to raising the USaver rate to at least match certain competitor deposit products until 31 December 2009.

Super investors to get slugged
Saturday November 7
Superannuation investors may be slugged by higher tax rates said the Treasurer Wayne Swan yesterday.

Stevens says rates are going to keep going up
Saturday November 7
RBA governor Glenn Stevens used a speech last night to reinforce the merit of the approach to monetary and fiscal policy over two decades and attendant shifts in banking regulation and corporate governance standards.

ME Bank says we have lower fees
Saturday November 7
The decision by NAB to remove monthly account keeping fees on a few accounts is a small proportion of the total fees and commissions received by the big banks, such as NAB.

Banks jack up margins
Saturday November 7
All major banks have managed to increase their core income in the latest September half, in what was not exactly a booming economy. ANZ lifted Net Interest Income by 3 per cent; NAB by 5 per cent; Westpac by a thumping 10 per cent.

Rudd very very concerned about rate rises
Saturday November 7
The big banks were a bit too quick to riase their standard variable mortgage rates according to the prime minister Kevin Rudd.

RAMS delivers rate relief
Saturday November 7
RAMS Rate Relief mortgage product offers a 0.90 per cent p.a. discount off the RAMS Standard Variable Rate (SVR) for the first two years - plus no annual account keeping fee.

Jetstar Mastercard has low rate plus rewards
Saturday November 7
The new Jetstar MasterCard has a low interest rate of 10.99 per cent and 55 days interest free on purchases, an annual fee of $49 and a Jetstar rewards program.

Bank profits down in 2009
Saturday November 7
Australian banks have endured the ultimate stress test of the global financial crisis to emerge strong and still delivering profits.

Other News

• Westpac winning over homebuyers Thursday November 5, 06:36 AM
• Westpac challenging CBA Thursday November 5, 06:36 AM
• Deposit rates go up Thursday November 5, 06:36 AM
• Big 4 quick to move rates Thursday November 5, 06:36 AM
• ANZ falls back into line on rates Thursday November 5, 06:36 AM
• ANZ pre-paid Visa is on MySpace Thursday November 5, 06:36 AM
• Westpac spares business from rate rise Wednesday November 4, 06:36 AM
• The RBA signals more pain ahead Wednesday November 4, 06:36 AM
• PayPal to take on banks in real world Wednesday November 4, 06:36 AM
• PayPal to crush cards online Wednesday November 4, 06:36 AM