Banks News

Bank Stocks Up As 90-day Bank Bills Slide Further

Tuesday December 30, 2008
LOWER funding costs helped Australian banks push the sharemarket 1.1 per cent higher, despite low trading volumes overall.

A low rate credit card to suit you with the Commonwealth Bank

Tuesday December 30, 2008
If you want a low rate credit card, the Commonwealth Bank Low Rate credit card could be what you need. Learn more.

Music To Provide Sparkle

Monday December 29, 2008
FIREWORKS will not feature at Maitland again this year, with damage to the Hunter River's banks from flooding after the June 2007 storms still making the area unsafe.

Get the low rate credit card you want with the Aussie MasterCard credit card

Tuesday December 23, 2008
If you want a low rate credit card, the Aussie MasterCard credit card could suit you. Find out more now.

Citibank Platinum Credit Card Balance Transfer Offer

Tuesday December 23, 2008
The Citibank Platinum Credit Card currently has a pretty attractive credit card balance transfer offer of 4.9% pa for the life of the amount transferred.

New Wave Of Bad Debts To Turn Up Heat On Banks

Tuesday December 23, 2008
WHILE Commonwealth Bank has been putting out spot fires after fumbling last week's $2billion capital raising, one thing was lost in the drama: bad debts pile up at a faster than expected pace.

Make the RaboPlus bank account work for you

Monday December 22, 2008
If you want to save your money, consider the RaboPlus savings account. Learn more about this great bank account now.

Westpac Executive Queries Need For Capital Top-ups

Monday December 22, 2008
THE second highest-ranking executive in Westpac Bank has questioned the need for banks to top up their strongest form of capital to record levels - a move that has resulted in more than $8 billion of fund-raising exercises by the big four in recent weeks.

Pulse Is Weaker But There's Still Life In The Shopping Halls

Sunday December 21, 2008
AMERICAN and British banks have had to be rescued, car dealerships are closing and Australians fear for their jobs. But despite the global economic crisis, retailers are still experiencing a modest Christmas sales surge.

Low rates and great benefits with the St George Platinum credit card

Friday December 19, 2008
Enjoy the savings of a low rate credit card and the benefits of a platinum credit card with the St George Platinum credit card. Learn more today.

Learn about the ANZ Low Rate MasterCard credit card

Thursday December 18, 2008
If you`re after a low rate credit card, consider the ANZ Low Rate MasterCard credit card. Learn more today.

Banks Throw Centro Late Lifeline

Wednesday December 17, 2008
CENTRO Properties has been thrown a lifeline in a $5 billion-plus deal involving hybrid convertible notes and a debt-to-equity swap.

Using credit cards at the Boxing Day sales

Wednesday December 17, 2008
If you`re excited about hitting the post Christmas sales, remember to use the right credit cards.

Obama's Mission: Deal With The Now On Cars, Kabul And Banks

Tuesday December 16, 2008
The new president would be wise to opt for short-term pain for long-term gain.

Local Banks Count Blessings As Wall Street Scandal Spreads

Tuesday December 16, 2008
AUSTRALIAN banks and investment funds have distanced themselves from any involvement in a Wall Street scandal that has sent shockwaves around the world and counts wealthy investors, superannuation funds and charities among its victims.

Consider the ANZ Low Rate MasterCard credit card

Monday December 15, 2008
If you`re searching for the right low rate credit card, the ANZ Low Rate MasterCard credit card could be the credit card you want. Learn more about this great credit card today.

Banks Raising Billions From New Guarantee

Saturday December 13, 2008
THE leading Australian banks have taken the total amount of new money raised using the Federal Government's AAA-rated funding guarantee system to more than $13.5 billion in just one week.

Banks To Raise Indigenous Staff Numbers

Saturday December 13, 2008
IN AN unexpected twist, indigenous Australians may be largely immune from job cuts in banking as the big banks continue to commit to affirmative action plans in the face of a global economic downturn.

Hometown Huge In The Governor's Heart

Saturday December 13, 2008
In the sixth and final instalment of a Herald series on the Narrandera region, Daniel Lewis looks at the ties that bind the state's first female Governor to the banks of the Murrumbidgee.

Don`t be hit with huge post Christmas credit card bills

Friday December 12, 2008
Avoid paying off your Christmas spending for the following year. Find out how today.

Call For Better Complaints Handling

Thursday December 11, 2008
THE financial ombudsman has urged banks and other institutions to devote more resources towards handling customer grievances, especially during the economic downturn.

Get a credit card with features that work for you

Thursday December 11, 2008
As interest rates vary from credit card to credit card, it`s important to find a credit with the right features.

Capital Move By Banks Sets A Base To Fund Recovery

Wednesday December 10, 2008
The Big Four are manoeuvring into positions of strength.

Pudgy Banks Like To Roll In Cash

Wednesday December 10, 2008
Being capital fat is the new banking fad. A lazy balance sheet has become something to boast about, and 8 per cent Tier 1 capital is the new black in risk management.

Only use a credit card cash advance when needed

Wednesday December 10, 2008
Even with your low rate credit card, you can be charged high interest when using certain services. Learn more about avoid high interest rates.

How a low rate credit card can help you

Tuesday December 9, 2008
A low rate credit card can help you if you want to save money on interest. Learn more about the benefits of low rate credit cards today.

Push For Credit Card Relief

Tuesday December 9, 2008
AUSTRALIAN Retailers Association members in the Illawarra are among those from across the nation encouraging the banks to pass on the Reserve Bank of Australia's interest rate cuts to credit cards.

Remember to shop online safely

Monday December 8, 2008
When shopping online you need to keep your credit card details safe. Learn more about safe online shopping and which credit card can help keep you safe.

Central Banks Go Nuclear

Sunday December 7, 2008
Get your wheelbarrow ready, the world's regulators are starting to print money to 'inflate' us out of the doldrums

Oz Minerals: We Seek New Lenders For Refinance Deal

Saturday December 6, 2008
OZ MINERALS is negotiating with new banks in addition to its existing lenders to help it refinance $1 billion of debt, which is repayable by the end of the month.

As Luck Would Have It, A Gamble Might Just Pay Off

Saturday December 6, 2008
ONE of my colleagues, let's call him Goodman, bought Babcock & Brown last week. The company had come out of a two-week suspension with its very life in its hands, having persuaded its banks not to let it go bust.

In Search Of A Few Goodman Men To Take Risks In A Bear Market

Saturday December 6, 2008
ONE of my colleagues, let's call him Goodman, bought Babcock & Brown last week. They had come out of a two-week suspension with their very life in their hands, having persuaded their banks not to let them go bust.

Banks Will Take Control Of B&b

Friday December 5, 2008
THE banks that have bailed out Babcock & Brown are likely to end up owning a significant chunk of the debt-laden asset-management group as it seeks to convert a short-term rescue package into a more financially secure future.

Babcock Gets $150m Lifeline

Friday December 5, 2008
BANKS are likely to emerge with a significant slice of Babcock & Brown as part of an emergency $150 million funding package aimed at heading off the collapse of the struggling infrastructure group.

Big Four Et Al Figure A Functioning Babcock Is Still In Their Best Interests

Friday December 5, 2008
The banks' bridging loan will keep B&B ticking over until January.

Enjoy a low rate credit card with gold credit card benefits

Friday December 5, 2008
If you want a low rate credit card and would like a variety of rewards, the St George Gold Low Rate credit card could be just what you`re after. Learn more about this great credit card today.

Time To Put The Heart Back Into The Economy

Friday December 5, 2008
Capitalism is more than just bruised, as some suggest. It is battered, almost down for the count. It has sustained serious brand damage after suffering the indignity of state intervention to save banks, car manufacturers and commercial child-care providers.

Babcock To Settle Bank Deal

Thursday December 4, 2008
TROUBLED asset management group Babcock & Brown will effectively operate in wind-down mode as a direct result of a new funding deal agreed with its banks and due to be unveiled today.

Funding Reprieve Deal For Babcock

Thursday December 4, 2008
TROUBLED asset management group Babcock & Brown will effectively operate in wind-down mode as a direct result of a new funding deal agreed with its banks.

Save faster with the St George Directsaver

Thursday December 4, 2008
With a high interest rate, you can save faster with the St George Directsaver savings account. Learn more today.

Home Buyers Save Hundreds, But Will They Spend It?

Wednesday December 3, 2008
AUSTRALIA'S home buyers will save hundreds of dollars on their mortgages in the lead-up to Christmas after the big banks passed on most of yesterday's one percentage point rate cut.

Message To Banks: Pass On Full Benefits

Wednesday December 3, 2008
YESTERDAY'S 100 basis point cut to official interest rates should be good news for Illawarra businesses.

You can still use credit cards

Wednesday December 3, 2008
Using credit cards doesn`t have to be scary, you just have to know how to use them properly. Find out more now.

Stimulating Decision For Business

Wednesday December 3, 2008
REGIONAL business groups supported the 100 basis point drop in official interest rates yesterday, but slammed banks over credit rationing and the cost of business loans.

RBA slashes interest rates

Tuesday December 2, 2008
The RBA has lowered interest rates again. Learn more now.

Understand why your credit card application was declined

Monday December 1, 2008
Credit card applications can be declined for a variety of reasons, so understanding the basic criteria is important. Learn more today before applying for a credit card.

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