Banks News
Compare the best banks in Australia
Friday February 29, 2008
Looking 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.Allco Lite The Only Road To Survival, Away From The Delusions Of Grandeur
Tuesday February 26, 2008
The banks are still there, capable of driving a stake through the company's heart.Is This The End? If Not, Perhaps It Ought To Be
Tuesday February 26, 2008
THE banks have rolled the dice but whether they will roll the debt is another matter.China's central bank to tackle inflation
Monday February 25, 2008
China's central bank aims to reduce explosive inflationary forces with a series of tightening measures to be placed on the credit market.Banks consider extra rise next month
Monday February 25, 2008
All 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.Westpac securitises $10.6 billion
Monday February 25, 2008
Westpac Banking Corp announced today the internal securitization of AUD$10.6 billion of residential mortgage-backed loans.Banking On The Banks Proves Costly For A Few Of Our Punters
Sunday February 24, 2008
AS THE popularity of Opposition Leader Brendan Nelson plummeted into single figures during the week, many of the major bank stocks seemed to follow his trajectory.Secret Banks' Business
Sunday February 24, 2008
LEVERAGING, an item of faith among fund managers until about six weeks ago, has done its dash as the best way to boost value. Never mind that, among nations, Australia is one of the most leveraged of all.Anz Finds $365m Exposure - Banks Hit Again
Tuesday February 19, 2008
THE hopes of the new ANZ chief executive to double his bank's earnings by 2013 have been dealt a severe blow, Michael Smith yesterday revealing that profit growth in his first year in charge will be wiped out by $365 million in new provisions for bad debts.No interest from Australian banks in cheque deposit technology
Tuesday February 19, 2008
Australia banks have turned their back on new overseas technology that allows consumers to deposit cheques into their bank account from home or work.Blame Laid On Banks
Tuesday February 19, 2008
HEAVY losses from the banks, led by a 6 per cent fall by ANZ, drove the Australia sharemarket lower, amid global credit fears and slowing US economic growth.Nab home loan options
Monday February 18, 2008
The 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..Rams Rebuilds From Scratch
Monday February 18, 2008
THE home loans lender RAMS is looking to hold its standard mortgage rate at a slightly lower level than the big banks as it tries to rebuild its business from scratch after being severely hit by the worldwide credit crisis last year under its original owner.Sweet Charity - It'll Make You Do Your Lolly
Saturday February 16, 2008
YOU see them everywhere, those little cardboard lolly boxes on the counters of banks, bottleshops and chemists: "Treat yourself and help Australia's seriously ill children" plead the signs.Big Banks Face $5.5b Risky Debt Exposure
Friday February 15, 2008
THE country's leading banks are thought to have an exposure of almost $5.5 billion to five of the most debt-laden and financially troubled companies, in a sign of the growing pressures corporate borrowers are placing on lenders.Major banks take stock market hit
Thursday February 14, 2008
Shares 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.Commonwealth Bank announces first half profit
Wednesday February 13, 2008
The 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.Big Banks Silent On Upside To Crunch
Tuesday February 12, 2008
The mortgage money's simply got to flow somewhere, even in a credit squeeze.Treasurer Swan Needs To Stop Playing Blame Game On Interest Rate Rises
Tuesday February 12, 2008
It is disingenuous to pretend the banks' rate increases were evil in intent.Hit Back With Bunch Of Fives
Sunday February 10, 2008
Ease your mortgage pain and regain some financial ground but don't expect the banks to tell you how.Reforms To Cost Banks Millions
Friday February 8, 2008
BANKS face new costs under Federal Government plans to make it easier for customers to switch institutions.Editorial Banks Profit By Our Pain
Thursday February 7, 2008
A FEW choice words apply to the Commonwealth Bank's decision to add 0.05 per cent to the Reserve Bank's hike of 0.25 per cent to official interest rates, but one will do - obscene.Interest rate rise confirmed
Tuesday February 5, 2008
The 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.Rural Bank posts $19.4 million net profit
Monday February 4, 2008
In 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.NAB to launch mobile phone banking
Friday February 1, 2008
The National Australia Bank has confirmed it will launch mobile phone banking.News Archive
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