News Archive

2010

2009

Transaction Accounts News

Let's see the flip side of bank funding costs

Tuesday April 6, 2010
It is time the big banks made available to the public the combined story on cost, revenue and profits, writes Milind Sathye.

Independents needed to stop the rubber stamp

Tuesday March 16, 2010
"I appreciate that the independent directors of Seven Network Ltd recommend voting in favour of the scheme, but I just wonder whether in light of what I might call the overlapping interests it would not be for everybody's benefit and the benefit of the court in exercising its jurisdiction to appoint counsel amicus curiae so that I have another view."

Off-colour Opis now a pinker shade of red

Sunday December 27, 2009
VARIOUS members of the Myer and Baillieu clans have witnessed just a touch of red ink at their fund management concern, Opis Capital.

Recipe for greater profit

Wednesday December 9, 2009
Ongoing commissions and asset-based fees inflate investment costs.

NAB throws down the gauntlet to Westpac

Friday December 4, 2009
THE National Australia Bank has declared war on Westpac, opening up the biggest-ever mortgage rate gap between the major banks in a lunge for Westpac's customers.

The Byzantine maze of corporate courtship

Thursday December 3, 2009
The fascinating back-room shenanigans of Sinochem and Nufarm, AMP and AXA, and Rio and Chinalco.

Deposit-takers back in fashion

Monday November 16, 2009
Old school bankers, currently enjoying a return to favour, have long emphasised the importance of the liability as well as the asset side of the balance sheet - that is deposits, bills, bonds and so on - not just loans.

Tools of the trade

Wednesday October 21, 2009
Brokers are ramping up the deals to woo recovery customers.

ING Direct Orange Everyday

Wednesday September 30, 2009
This daily transaction account offers fee-free banking, with bonuses and rebates designed to help you pay as little as possible, writes John Kavanagh.

Beware of joint property pitfalls

Wednesday September 16, 2009
In the rush to take advantage of government grants for first-home buyers, don't ignore the importance of appropriate legal and financial arrangements.

Another big-four bank slashes fees

Thursday August 6, 2009
MILLIONS of bank customers will pay much lower penalty fees from October 1 after the Commonwealth Bank yesterday became the latest of the big-four institutions to cut its charges.