Banks | Refinancing.com.au News

Archive for the Banks category

Feb

The cost of refinancing the mortgage

posted by admin in Banks, Exit Fees, Home Loans, Mortgage Refinancing

Finally, disgruntled bank customers will be able to switch home loans with impunity from the middle of next year under an overhaul of the banking sector designed to break the dominance of the big banks. It appears that there is a "war" on between the banks. The simple fact however is that since the...Read more...

Feb

Populism and the banks

posted by admin in Banks, Exit Fees

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ANZ's chief executive Officer Mike Smith says that populism may make Australia unattractive to international investors. Mr Smith has told the Senate inquiry on banking competition that competition within Australia's retail deposit market has never been so intense. He said interest rates on deposits have...Read more...

Jan

NAB Eliminates Overdraft Fees

posted by admin in Banks, Credit Card Fees

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Most consumers know about overdraft fees which are charged to bank customers when they exceed either their account or transaction limits. These fees cost Australian banking customers over $96 million dollars each year. National Australia Bank has announced its intention to eliminate overdraft charges...Read more...