Banks News

Credit cards fees and EFTPOS remain under RBA regulation

Monday August 31, 2009
RBA will continue to monitor fee regulation

British banks offer Cockney slang option on ATMs

Thursday August 27, 2009
Slang option trial for some London ATMs

New legislation petitioning for bankruptcy threshold to be raised

Wednesday August 26, 2009
Bid to raise bankruptcy threshold from $2,000 to $10,000

New ING Direct banks account has no ATM fees

Tuesday August 25, 2009
Launch of first fee-free transaction account may change banks industry

Westpac reports 3Q earnings of $1.1 billion

Friday August 21, 2009
Westpac reports solid third quarterly results

AMP Banks profits decline, but not as much as expected

Thursday August 20, 2009
AMP releases first half profits for 2009

Reserve Bank hints at future rise for rates

Wednesday August 19, 2009
Australia's interest rates shouldn't be cut again with the RBA hinting a future rises

Commonwealth Bank announces 7 per cent decline but customer numbers rise

Tuesday August 18, 2009
Commonwealth Bank financial 08/09 results show success of banking upgrades despite 7 per cent decline in cash earnings

Banks restrict first-home buyers maximum credit limit

Monday August 17, 2009
Majority of Australian banks have dropped their mortgage credit limits according to research by Deutsche Bank

Commonwealth Banks upgrades prove fruitful in FY08/09 Results

Friday August 14, 2009
Commonwealth Bank has announced the success of it upgrades despite 7 per cent decline in cash earnings

Proposed superannuation plan offers top-up option

Thursday August 13, 2009
A new proposed superannuation plan offer top-up option for retirees with modest super

Banks Shifting on Fixed Rate Mortgages

Tuesday August 11, 2009
Banks begin to raise fixed rates

Bendigo Bank profits decline by massive 57.7 per cent

Monday August 10, 2009
Banks annual report shows massive profit loss, but plans for major equity raising

ANZ Bank contemplates following fee-cutting suit

Friday August 7, 2009
ANZ remains the only one of the Big Four banks to retain its bank fee structure

Commonwealth Bank Reduces Fees, Establishes Safety Net for Customers

Thursday August 6, 2009
Media Release from CBA outlines fees reductions and new customer safety nets

New Banks Fees Bill in the Senate as Banks Profits Soar

Wednesday August 5, 2009
Banks fees huge profits may be impacted by new bill

Banks cutting fees in effort to win customers

Monday August 3, 2009
Australian banks begin cutting fees after positive response to NAB last week

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