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.....
A report on economic activity has suggested momentum in the local economy will be dire this year, boosting the chances of an interest rate cut early as next year. Since hitting a peak of 6.5 per cent in November last year, the Westpac-Melbourne Institute leading index has slowed sharply in February yielding an annual rate of 3.3 per cent. The tight financial market conditions have built evidence to suggest that the pace of domestic demand is moderating, as household spending growth has halved. Westpac chief economist Bill Evans said that the current market factors 'strongly point to a subdued consumer in 2008', and he predicts household spending growth to average 0.8 per cent in each of the next three quarters.
