News
News Archive
2008
2007
Aussie Dollar closes down
28 November 2007The 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 2007A 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 2007The 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 2007Gaming 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 2007It 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 2007The 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 2007The 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 2007The 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 2007One 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 2007The 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 2007BHP 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 2007The 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 2007The 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 2007While 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 2007The 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 2007One 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 2007St 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 2007The 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 2007As 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
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