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.....
CBA predicts another two years of debt problems 27 June 2008
The global credit crunch will remain a problem for banks and borrowers for two years according to the CEO of the Commonwealth Bank. "I would suspect that it's going to take at least another 12 months, possibly two years ... for this particular crisis to work its way through" Ralph Norris told a conference in Sydney yesterday. Norris said there was potentially another $700 billion in sub prime collaterised debt obligations to be written off, in addition to the $300 billion in write offs to date. Norris said underlying economic activity and discretionary spending was slowing in Australia.
