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.....
Indicators show that inflation is rising at its fastest rate in five years but economists say there is almost no chance of the Reserve Bank increasing interest rates when it meets later today. The TD Securities-Melbourne Institute survey puts the inflation rate at 4.5 per cent for the year to the end of May, with an increase of 0.3 per cent in the month. However a sharp fall in consumer spending means that the RBA may be reluctant to move rates for now. Retail spending fell by 0.2 per cent in April compared with market expectations of a 0.2 per cent rise. CommSec analyst Savanth Sebastian said that, having achieved a slowdown in consumer spending, the "RBA will wait for inflation data after the June quarter before deciding about another rise".
