Tag: Consumer Finance
RBA set to cut rates
The Reserve Bank of Australia is tipped to slash interest rates by around 75 basis points today.[MORE]
Choice, Govt discuss GroceryChoice takeover
The Federal Government says the consumer group Choice would give the GroceryChoice website a lift if it takes it over.[MORE]
Calls for HECS-style first home buyers' grant
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There are calls for first home buyers grants to be replaced by HECS-style loans to be paid back when the home is sold.[MORE]
Credit card spending up $1b: RBA
Figures from the Reserve Bank show that credit card use rose in September. [MORE]
Aust can handle global meltdown: RBA chief
RBA chief Glenn Stevens says Australians should be quietly confident they can make it through the global financial downturn.[MORE]
Xenophon wants GroceryChoice website overhaul
Independent Senator Nick Xenophon will push the Government to overhaul its watchdog website for grocery prices.[MORE]
Demand for homes coming back to life: Mirvac
One of Australia's biggest property developers says it is starting to see signs of a rebound in the demand for homes.[MORE]
Cheaper petrol prices on the way: RACV
The RACV says petrol prices could go as low as $1.15 later this month.[MORE]
Perpetual to retain partial freeze on mortgage funds
Fund manager Perpetual says its partial freeze on its mortgage funds is likely to remain in place for the foreseeable future. [MORE]
Housing figures fall 2.7pc in Sept: ABS
The latest figures from the Australian Bureau of Statistics show further weakness in the housing market.[MORE]
3 yrs too long to guarantee deposits: expert
A former US bank regulator says three years is a long time to guarantee bank deposits.[MORE]
BankWest cuts interest rates
BankWest has followed the major banks' lead and reduced its standard variable loan rate by less than Tuesday's official 0.75 percentage point cut.[MORE]
SA lenders pass on rate cuts
BankSA has followed the major lenders by not passing on the Reserve Bank's full official interest rate cut.[MORE]
St George not passing on full rate cut
St George Bank has joined the major banks in not passing on the full official interest rate cut.[MORE]
Pass on full rate cut, Swan tells banks
Federal Treasurer Wayne Swan has again called on major banks to pass on the full amount of yesterday's interest rate cut. [MORE]
Big four not passing on full rate cut
The major banks have all refused to pass on in full the latest official interest rate cut.[MORE]
NT boosted by economic slowdown
The NT Chamber of Commerce thinks an economic slowdown in the rest of the country could help business in the NT.[MORE]
Pressure mounts for banks to pass on rates cut
There is growing pressure on all the big banks to pass on yesterday's Reserve Bank interest rate cut.[MORE]
SA welcomes rate cut as confidence booster
The SA business sector hopes a further cut in official interest rates will boost confidence.[MORE]
RBA cuts rates again
The Reserve Bank of Australia has slashed interest rates by 0.75 of a percentage point.[MORE]
Rate cuts should continue into '09: economist
Leading economist says the RBA is likely to keep cutting interest rates into next year to protect the economy.[MORE]
Further falls expected for petrol prices
Economists are predicting further falls in the price of petrol after new figures showed the national average price at the pump has dropped by eight cents in the past week.[MORE]
RBA tipped to cut rates again
The RBA is expected to cut rates by a half a percentage point today.[MORE]
Future Fund 'can't bail out mortgage funds'
Future Fund chairman David Murray says it is not the role of the $63 billion fund to bail out troubled mortgage-based investment funds.[MORE]
US elections will boost consumer confidence: Bowen
The Federal Government is expecting the global economy to improve following the US presidential election on Nov 4.[MORE]
