News
News Archive
2008
2007
Compare the best banks in Australia
29 February 2008Looking for the best banks in Australia, but finding it hard to weigh up the advantages and disadvantages of each of them? Stop doing it the hard way! We've already done the legwork for you, all you need to do is look at our handy comparison chart of transaction accounts... read full story
Jillian Broadbent seeks third RBA term
26 February 2008With a desire to assist the Reserve Bank of Australia (RBA) during changing times, Jillian Broadbent has said that she would be 'honoured' to serve a third term as a board member with the RBA... read full story
Banks consider extra rise next month
25 February 2008All the major Australian banks are considering another interest rate rise on top of the expected 0.25% that the Reserve Bank of Australia is expected to lift the official cash rate by... read full story
China’s central bank to tackle inflation
25 February 2008China's central bank aims to reduce explosive inflationary forces with a series of tightening measures to be placed on the credit market... read full story
Westpac securitises $10.6 billion
25 February 2008Westpac Banking Corp announced today the internal securitization of AUD$10.6 billion of residential mortgage-backed loans... read full story
No interest from Australian banks in cheque deposit technology
19 February 2008Australia banks have turned their back on new overseas technology that allows consumers to deposit cheques into their bank account from home or work... read full story
Nab home loan options
18 February 2008The National Australia Bank is currently promoting their home loans with discounted interest rates for those who sign up for a NAB 3 Year Introductory Rate home loan.... read full story
Major banks take stock market hit
14 February 2008Shares in all the major banks lost ground yesterday in the wake of the Commonwealth Bank of Australia Ltd (CBA) announcement that their first half profit was down on what market expectations were... read full story
Commonwealth Bank announces first half profit
13 February 2008The Commonwealth Bank of Australia Ltd (CBA) has reported a healthy first half profit of eight percent despite losing millions in loan fees due to the global credit crunch that forced all Australian banks to lift their interest rates... read full story
Dollar opens stronger ahead of interest rate rise
5 February 2008The Australian dollar opened stronger today nearing the USD$.91 mark as the market expects an official interest rate rise... read full story
Interest rate rise confirmed
5 February 2008The Reserve Bank of Australia (RBA) has officially raised interest rates after today's board meeting. The RBA board has decided to increase the cash rate by 25 basis points to 7.0 per cent... read full story
Rural Bank posts $19.4 million net profit
4 February 2008In a statement to the Australian Securities Exchange (ASX), Elders Rural Bank has announced a net profit of $19.4 million for the six months ended December 2007... read full story
NAB to launch mobile phone banking
1 February 2008The National Australia Bank has confirmed it will launch mobile phone banking... read full story
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