Compare Credit Cards
- Credit Cards Home
- Balance Transfer Rate
- Low Interest
- No Annual Fee
- Reward Credit Cards
- Business Credit Cards
- Gold & Platinum
- Debit Cards
Compare Banking
Compare Loans
Compare Insurance
- Insurance Home
- Health Insurance
- Home Insurance
- Life Insurance
- Motor & Bike Insurance
- Travel Insurance
Investment Providers
Links
CBA’s Internet Banking Facility Breaks Down
Commonwealth Bank of Australia’s internet banking facility NetBank broke down on Monday and was not available to the lenders customers for a few hours yesterday as a result of “technical issues” the bank said.
>> Read more
NAB Faces $347 Million Tax Liability
Australian banking major National Australia Bank (NAB) may be required to take a $347 million tax hit resulting from a long term dispute with the Australian Tax Office, according to a report in The Melbourne Herald Sun newspaper.
>> Read more
NAB’s Aviva Wealth Management Acquisition To Bring Scale
Australian banking major National Australia Bank (NAB) $825 million purchase of the Australian wealth management operations of Aviva PLC will provide scale to NAB’s life insurance business, says chief executive Cameron Clyne.
>> Read more
Australian Banks Face Rising Bad Debt For At least Another Year
Chief executive of Australian banking major, National Australia Bank (NAB) Cameron Clyne says most banks will see the effects of increasing bad debts on their profits for at least the next four quarters, especially is unemployment continues to increase.
>> Read more
Mortgage Borrowers Not Switching To Fixed Rates In Large Numbers
Australian mortgage borrowers do not seem to be phased by the Australia’s largest mortgage lender raising its standard variable mortgage rate and there has been no en mass switch into fixed rate mortgages according to a mortgage broker.
>> Read more
CBA Says Its Business Lending Has Declined
Australian banking major Commonwealth Bank of Australia (CBA) has highlighted a dramatic reduction in its business lending and also said there would be further increases in bad debt provisions as the Australian economy continues to slow.
>> Read more
Australian Fund Managers Cautiously Optimistic Over Economic Outlook
Australian investment managers have taken a cautious approach to the outlook going forward towards how quickly economic recovery will place and the impact of that recovery on equity markets.
>> Read more
Commonwealth Bank Says Operating Condition Difficult
Australian banking major, Commonwealth Bank of Australia has said that operating conditions continue to be difficult though it remains well placed to deal with the challenges.
>> Read more
Moody’s Outlook For Australian Banking Downgraded To Negative
Credit ratings agency Moody’s investor service has shifted its position on the outlook for Australian banks, downgrading the entire Australian banking sector, as an increase in bad debt and declining consumer demand hurts the ability of Australian banks ability to generate profits.
>> Read more
Australian Banks And Financial Institutions Pledge To Offer Relief To Distressed Borrowers
Mortgage lenders including retail banks, credit unions and building societies have pledged to help borrowers in financial distress as a result of the economic slowdown by signing up to a set of principles which aim to provide relief.
>> Read more
