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If you find yourself in the situation that you are unable to pay your credit card debt balance off each month then there are steps you can take to reduce your interest charges. .....
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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.....
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CommBank calls halt to HomePath experiment
19 October 2008
 
The Commonwealth Bank has closed its low cost online mortgage business HomePath and will transfer all HomePath customers to Commonwealth Bank branded loans. HomePath represents just 0.5 per cent of all Commonwealth Bank loans and posted a $7.8 million profit for the year ended June 30 2008.
 
Source : The Australian Financial Review
 
 
31 October 2008 - Westpac profits and bad debts up
  - Westpac grows deposits
  - Citibank focussing on mortgages
 
30 October 2008 - St George grows deposits but not loans
  - Reverse mortgages lose popularity
  - Bank defends no rate cuts on credit cards
  - No penalty fee for union members
 
29 October 2008 - Westpac/BT have learnt the liquidity lesson
  - Suncorp for sale again
  - Record profit posted by St George
  - Deposit guarantee clarified but questions remain
 
28 October 2008 - Westpac on NSW sales blitz
  - St George will rejuvenate Westpac
  - Government rejects extending deposit guarantee
  - CBA shocks investors by freezing CFS trust
  - Bendigo boasts strong deposit growth
 
27 October 2008 - GE Money cuts and runs
  - Govt guarantee creates surge in bank deposits
  - Aussie Home Loans cuts rates again
 
23 October 2008 - Swan approves Westpac plus St George
  - CBA tree dispute could be costly for Bendigo
  - Banks go to Canberra for crisis talks on guarantee
  - ANZ profit down 21 per cent
 
22 October 2008 - Banks start sacking staff
  - Westpac/St George cut rates
 
21 October 2008 - RBA hoses down big rate cut expectations
  - NAB's bad debts up to $2.5 billion
  - Debtors have rights under banking code
  - Consolidation continues in banking industry
 
20 October 2008 - Rising inflation to moderate rate cuts
  - NAB earnings down twenty per cent
  - ING reassures Australian depositors
  - Commonwealth cuts home loan rates
  - Nab cuts rates on its home loans
  - ANZ Cuts Interest Rates
 
19 October 2008 - Relief for first home buyers
  - NAB follows ANZ in cutting rates again
 
16 October 2008 - Refused bail for bank fraud
  - NAB's debt collector accused of bad behaviour
  - NAB hording cash as earnings fall
  - NAB credit rating under threat
  - Interest rates to plummet to near zero
  - Aussie customer files left out for recycling
 
15 October 2008 - Savings account interest rates slashed
  - Government gives powers to bank regulator
  - Eight per cent term deposits ending soon
  - Credit Unions, small banks talk mergers
 
14 October 2008 - Pensioners get Christmas bonus
  - No rate cut for GE's mortgage managers
  - Commonwealth and ANZ called on to end penalty fees
  - Banks make big cuts to fixed rate mortgages
 
13 October 2008 - SGB's business customers oppose WBC's takeover
  - Credit unions take on the big banks
  - Lenders will be forced to be responsible
  - Rudd Government will intervene to save non-banks
  - Rudd- All deposits now government guaranteed
  - Rudd- All deposits now government guaranteed
  - Credit Card rates slow to change
 
12 October 2008 - Only Westpac business customers get rate cuts
  - Interest free deals scaled back
  - Rates to fall to five per cent by Christmas
  - Banks welcome government intervention
 
10 October 2008 - Do You Know Your Banks Credit Rating
 
09 October 2008 - Worried depositors reassured by bank staff
  - Victoria Teachers CU riding out the credit crunch
  - Stability overrides competition concerns
  - NAB, Bankwest and Bendigo cut rates one week late
  - Banks welcome increase in deposits
  - Bank of Queensland losing in the Sydney market
 
08 October 2008 - Westpac cuts rates for business
  - Property prices to hold up over next two years
  - Mortgage market still weak
  - Banks cut deposit rates
 
07 October 2008 - CBA snatches BankWest
  - Commonwealth set to dominate the market
  - No rate relief on credit cards or loans
  - Big banks cut rates by 0.8 per cent
  - Banks promise to make up rate cuts
  - Westpac Cuts Rates by 80 Basis Points
  - Aussie Home Loans To Pass On 75 Basis Points
  - RBA Cuts Cash Rate by One Percent
 
06 October 2008 - Today's rate cut to deliver $50 a month
  - First home buyers accounts have catches
  - Commonwealth grabs BankWest
  - Commbank execs focus on customers
  - BankWest and Ubank top the charts for depositors
  - ANZ, CBA jockey for Suncorp
 
03 October 2008 - Banks say no to big rate cuts
 
02 October 2008 - UBank offers 8.5% on deposits for next two weeks
  - NAB's UBank is not ready for market
  - NAB launches UBank brand
  - Majors circle BankWest and Suncorp
  - Banks won't pass on rate cuts
  - All mums are not equal
 
01 October 2008 - Rates to fall 0.5 per cent next week
  - Promotional rates work for BankWest and ING
  - NAB loses market share in business banking
  - NAB is least popular bank
  - Majors set for bidding war on BankWest
  - Commonwealth leads on deposits
 
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