Banks News

Class Action against Australian Banks Gains Momentum

Thursday May 13, 2010
Class action against banks sees thousands of Australians join

Westpac reports 32 per cent rise in first-half profit to $2.98 billion

Thursday May 6, 2010
Banks results show benefit from stronger economy and improvement across all business sectors

Banks react after Reserve Bank increasesofficial cash rate to 4.5 per cent

Tuesday May 4, 2010
Third consecutive rate rise announced by Reserve Bank

Greens demand $2 banks fees be abolished

Thursday March 11, 2010
Greens ask for banks to drop fees while ABA oppose the move

Banks react to rate rise

Friday March 5, 2010
Big four banks announce interest rates changes

€śFraud Week€ť kicks off in Australia

Monday March 1, 2010
Banks customers and online consumers warned of danger of cyber crime

Westpac announces Q1 profit rise of 33 per cent

Tuesday February 23, 2010
Banks quarterly results boast $1.6 billion profit for 2009

ATM fees down $125m since warnings posted

Wednesday February 17, 2010
Banks customers save millions avoiding unnecessary ATM fees

Comm Bank reports massive 54 per cent jump in first half cash profit

Thursday February 11, 2010
Major bank records cash profit of $2,943 million

Reserve Bank official rate remains unchanged at 3.75 per cent

Monday February 8, 2010
Central banks actions leave official rate steady

Banks satisfaction scores show mixed results

Tuesday February 2, 2010
NAB fee-cutting proves popular on customer satisfaction stakes

Banks begin blocking skimmed cards

Wednesday January 27, 2010
Australian banks react to largest card skimming scam recorded

ANZ banks female banking results see new savings account created

Monday January 18, 2010
ANZ national initiative launches FebuSave to encourage regular savings by women

Two out of five mortgages were investments in 2009

Friday January 8, 2010
NSW positive but overall national mortgage market down

2016 Eftpos bug now affecting other banks

Tuesday January 5, 2010
2016 Eftpos bug spreads as more banks fight to repair the issue

Bank of Queensland EFTPOS terminals celebrate 2016

Monday January 4, 2010
BoQ EFTPOS terminals go from 2009 to 2016, leaving customers with expired accounts and no cash

Banks customers warned of mortgage fraud

Saturday December 26, 2009
Australian banks customers are being cautioned of latest scam

Australian cheques will remain in operation

Friday December 18, 2009
UK cheques to be phased out by 2018, but the Australian chequeing system will remain

Commonwealth Bank next to raise interest rates while NAB stays with RBA

Thursday December 17, 2009
Commonwealth Bank next to raise rates higher than Reserve banks rate rise yet NAB stays with official rate

NAB early action on fees gets good results

Thursday December 10, 2009
Banks early action on cutting fees has massive positive results

News Archive

2010

2009

2008

2007