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.....
Macquarie Group last month converted the cash investments of some clients using its "wrap" investment products into deposits with Macquarie Bank.The bank switched investors from the Macquarie Treasury Fund, which invests in a variety of money market products, into a deposit with Macquarie's banking division.The bank switched around $1 billion in cash accounts according to the newspaper.The bank offered the option for investors to opt out of the move and invest their cash with another managed money market fund.The trustee, Macquarie Investment Management, argued the extra 0.2 percentage point increase in yield justified the switch.
