Westpac CEO Gail Kelly is believed to be concerned that St George customers may move to Bendigo or ANZ as the merger takes hold. Just one St George executive ha.....
CreditMart recently undertook some analysis around interest rates on reward program credit card offers and found that the average interest rate on these cards was 1.....
Not all credit cards are created equally. And so it makes it that much harder to decide which credit card offer to choose. There are many factors you sh.....
Ralph Norris has indicated that the Commonwealth Bank is currently reviewing commissions it pays to mortgage brokers. Norris said it is a "fact of life we are losing money on every loan that goes through a broker". It would appear that the CBA is likely to follow Westpac's lead and cut commission rates in the near term. "There has to be some sharing of pain, we are looking at it. It is not a case of if but when", said Norris. Westpac lowered its broker commission two weeks ago, by removing 20 basis points on upfront commissions and 10 basis points on trails.
