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Bank Cards News

Reserve Says Less Risky Approach To Credit Is On Cards

Tuesday September 25, 2007
THE turmoil in financial markets has encouraged a more cautious attitude to risk, which could prolong global economic expansion, the Reserve Bank says.

Banks' 'daylight Robbery' Exposed

Sunday September 23, 2007
EVER had the feeling that your bank is robbing you with all its penalty fees? Your suspicion may not be as paranoid as it seems.

Officials Relent And Visa Victims Win Reprieve

Friday September 14, 2007
TWO Chinese 457 visa workers left homeless and penniless this week after a dispute with their employer have been granted an 11th-hour reprieve by the Department of Immigration, which decided not to cancel their visas yesterday.

Wayne Morris: Loyal To Bank And Illawarra

Saturday September 8, 2007
News that IMB chief executive Wayne Morris will end a 30-year career with the mutual building society on October 31 stunned the Illawarra business community this week. Most were surprised a manager with such an impressive track record would be leaving after eight years overseeing record annual growth. Illawarra Mercury business editor GREG ELLIS looked back over eight years of interviews to find why Mr Morris is so highly regarded in the business community. WAYNE Morris started work as a teller ...

Nab Cuts Penalty Charges For New Account

Wednesday September 5, 2007
A CAMPAIGN to cut bank penalty fees has had another victory, with the country's second-largest bank announcing it will offer customers a bank account free of penalty fees and reduce a range of other charges.

Rate Rise May Be On Cards

Wednesday September 5, 2007
HOME buyers could be stung by another interest rate rise before the federal election and amid fresh warnings that the economy is dangerously close to overheating.