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Households carry burden of higher rates
Monday January 28
Australians are paying more for bank services and insurance according to the latest figures from the Australian Bureau of Statistics.

Inflation surge signals higher interest rates
Monday January 28
Treasurer Wayne Swan has warned that it could take up to two years of rate pain to get inflation under control with the underlying rate hitting 3.6 per cent.

Australians need to lift savings level
Sunday January 27
A study has found that Australian households are the worst savers in the English-speaking world, only putting away an average of less than 3 per cent of disposable income each year between 1989 and 2006.

Consumers start to moderate credit card use
Tuesday January 22
The average outstanding balance on a credit card grew by $32 in November to $3025. However, in a sign that consumers may be more sensitive to higher interest rates, the annual growth of a little over 5 per cent is the slowest rate since records began...

Deposit rates lag mortgage rate increases
Tuesday January 22
Analysis by the Reserve Bank of Australia has found that banks delay passing higher interest rates to deposit customers, even though they waste no time in lifting their mortgage rates when there is an increase in the official cash rate.

US consumers brace for recession
Sunday January 20
More signs that the US economy is tipping into recession have emerged with the New York Times reporting that consumer spending has slowed dramatically.

Australians are a fickle bunch
Sunday January 20
A survey has found that Australian consumers won't hesitate to switch service providers if they are not getting what they want.

ANZ and Commonwealth increase ATM fees
Saturday January 19
Despite agreeing to scrap ATM interchange fees within a year, the ANZ and Commonwealth banks have both announced increases to the fees.

Inflation warning signs
Saturday January 19
The TD Securities-Melbourne Institute inflation gauge shows prices increasing by 3.7 per cent through 2007, rising 0.6 percentage points in December alone. The figure is the highest annual measure since December 2006 and the fourth highest in...

Merchants fight interchange fees
Monday January 14
Credit card merchants in Australia are lobbying for the Reserve Bank of Australia to follow European regulators in removing interchange fees.

Other News

• Spending spree may have hidden cost Sunday January 13, 09:08 PM
• Card issuers try to find their niche Saturday January 12, 09:08 PM
• New record for Christmas spending Thursday January 10, 09:08 PM
• Merchants win smartcard reprieve Sunday January 6, 09:08 PM
• Promotional push for Eftpos Sunday January 6, 09:08 PM
• Gift cards boost sales period Saturday January 5, 09:08 PM
• Consumers need to watch their rates Saturday January 5, 09:08 PM
• Minimum purchase rules unclear Tuesday January 1, 09:08 PM
• Banks revisit IT options Tuesday January 1, 09:08 PM
• Fraud up but can't touch Britain Tuesday January 1, 09:08 PM