Tag: Australian banks

National Australia Bank fined by the Federal Court for system failures that meant customers weren’t properly informed about fees.

More than 20,000 small business and home loan banking customers have had to be given assistance as impact of Aussie lockdowns grows.

Victoria’s Government and Finance Sector Union echo Reserve Bank Governor’s concern that credit card interest rates are frequently excessive.

Class action lawsuit launched on behalf of Australian consumers to fight credit card late payment fees charged by financial institutions.

The Abbott government has dismissed reports that the four pillars banking policy is at risk as Labor says any change would be irresponsible.

The Australian government is expected to announce a levy on the banks on Friday to insure them against a financial crisis, but there are fears that the cost will be passed on to consumers.

Why has the Reserve Bank moved interest rates to their lowest level in more than 50 years this month?

Three of the ‘big four’ Australian banks have made the top 100 of a global survey of the world’s most valuable brands. The Brandz survey credits Australia’s strong economy for contributing to the growing value of Australian brands.

The current combination of world property market, foreign currency rates and economic factors are presenting a unique opportunity for those considering purchasing property overseas.

As term deposits and savings account interest rates decline in Australia, is now the time for Aussie expats to think seriously about switching their cash-only investments and into higher growth investments, including shares?