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.....
China's biggest bank now in Australia 14 July 2008
The banking system regulator, the Australian Prudential Regulation Authority, has issued a banking license to China's largest bank to open a branch operation in Australia. The Industrial and Commercial Bank of China says it is interested in forming alliances with Australian banks and has not ruled out buying into a major Australian bank. The bank said it had been trying for eight years to get a license in Australia, but had had trouble convincing APRA because of a high number of non-performing loans on its books.
