Proudly Australian

News

News Archive

2008

2007

Aussie Dollar closes down

28 November 2007

The Australian dollar closed trading today at USD$0.8757/62, this is a slight drop from Tuesday's closing rate of USD$0.8793/98. .. read full story

St George Bank best for Mortgage customer service

28 November 2007

A recent Nielsen Panorama poll concluded that St George Bank was leading the way ahead of its competitors when it came to customer satisfaction for new homeowners... read full story

Sharemarket Takes a Hit

27 November 2007

The Australian sharemarket took another hit today on the back of plummeting share prices in both America and Europe as investors continue to suffer in the aftermath of the sub-prime mortgage fiasco in the US... read full story

EI costs Tabcorp $30 Million

26 November 2007

Gaming and wagering giant, Tabcorp, announced the cost of the horse flu would cost the company $30 million in pre-tax profits at yesterday's annual general meeting in Sydney... read full story

RAMS shareholders approve sale

26 November 2007

It comes as little surprise that shareholders of Rams Home Loans have approved the sale of the lender's franchise home loan distribution business and brand.to Westpac Banking Corporation for $140 million. .. read full story

CBA service not up to scratch

23 November 2007

The Commonwealth Bank of Australia has been named as the worse of the major banks when it comes to business services offered to its cliental... read full story

Commonwealth Bank to lift rates

23 November 2007

The sub-prime mortgage fiasco in the United States has finally hit everyday Australian's with the Commonwealth Bank announcing they will lift the variable home loan interest rate outside of any rate increase announced by the Reserve Bank... read full story

NAB eyes off RAMS

23 November 2007

The National Australia Bank is eyeing off a swoop for RAMS home loans if the troubled home loan lender can't refinance two commercial papers before February 11. .. read full story

Overdrawing your debit card – Get your fees back

21 November 2007

One of the things that irritate many bank customers is the fee that is charged when you overdraw your Debit Card account. In many cases these fees are debited against your balance after transactions are processed that haven’t been accounted for by the user... read full story

Australian Dollar opens lower

20 November 2007

The Australian dollar opened lower this morning as the fallout from the US subprime mortgage crisis continues to have an impact on world markets... read full story

BHP Billiton appoint Andrew Mackenzie

20 November 2007

BHP Billiton has announced the appointment of former Rio Tinto Chief Executive Andrew Mackenzie as Group Executive and Chief Executive Non Ferrous... read full story

Share Market Tumbles in early trading

20 November 2007

The Australian sharemarket has dropped 2.15 percent in early trading in reaction to the Dow Jones fell to its lowest level in three months... read full story

Australian Dollar opens below US 89 cents

16 November 2007

The Australian dollar has opened below $US0.89 for a second time this week as the foreign exchange market continues to be volotile. .. read full story

Bank of England hints at lower rates

16 November 2007

While speculation is rife that Australian interest rates will again rise in February of 2008, the Bank of England has forecast a drop in interest rates next year... read full story

Commonwealth Bank offers free security software

16 November 2007

The Commonwealth Bank of Australia (CBA) has partnered with security software company Computer Associates (CA) to provide NetBank customers with access to free security software to help customers improve their online security... read full story

Savings Accounts – beat the fees

16 November 2007

One thing that gives everybody some angst when looking at their bank statement is those fees and charges that we all incur for having a savings account... read full story

St George raises $766m

16 November 2007

St George Bank had little trouble in raising $766 million in capital yesterday with its issue of 21.9 million shares, which was heavily oversubscribed, completed at $35 each. .. read full story

How to Save Money with this Interest Rate Rise

9 November 2007

The interest rate rise is official and we will all have to deal with further rate rises in the near future. For some people this is an expense that really hurts their finances while others can cope without having to suffer any financial discomforts... read full story

Save Money Despite The Interest Rate Rise

8 November 2007

As expected, the Reserve Bank of Australia (RBA) raised official interest rates to 6.75% after their board meeting on Melbourne Cup Day. What does this mean for everyday consumers apart from the obvious, your home loan monthly repayments will now cost a fraction more each month... read full story

ANZ Balance Visa
Be rewarded for reducing your balance
Commonwealth Bank Low Rate Credit Card
Low balance transfer of 5.99% pa for 5 months
Aussie MasterCard
You don't need be an Aussie customer

Calculate what is best for your financial situation with the Banks.com.au Online Calculators.

Top 5 Calculators

Banks.com.au is an independent reviewer of the Australian financial sector. Banks.com.au is not an Australian registered bank, building society or credit union.
Banks.com.au is a privately owned information portal and is in no way a part of or associated with any financial institution.