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.....
Elders Bank suffering from competition 26 June 2008
The earnings of Elders Rural Bank may be a little lower in the financial year that ends next week. Management of Futuris Corp said in an Open Briefing published through the ASX yesterday that EBIT generated by Elders Financial Services was "expected to be slightly lower in 2008 as growth targets for the bank become more modest in line with financial market conditions" and also due to lower insurance returns. Futuris told the ASX that a surge in low doc and no doc lending by rivals (which has to mean Great Southern) is one reason for the disappointing sale of new investment in such schemes.
