Removing exit fees a ‘two-edged sword’
THE removal of exit fees may turn out to be only a short-term benefit to customers, as it will hurt smaller lenders over the medium term.
Interest Rates
Banks feel pain as customers walk
ANGRY homeowners looking to dump expensive loans are turning to smaller lenders in droves.
Greens call for tighter rules for banks
BANKS would be banned from raising interest rates over the official RBA cash rate under new plans from the Greens.
ANZ goes back to ‘Bank World’
SO much for beating “Barbara” as ANZ joins Commbank in lifting rates 0.14pc beyond RBA move.
Borrowers queue up to refinance loans
HOME loan borrowers are flocking to brokers and lenders to ask about the cost of switching, as more lenders start to increase their rates.
Rates to grow in line with economy
HOUSEHOLDERS can expect more rising interest rates next year as demand forces up wages, says economists.
Big banks tipped to risk rate-rise mauling
THE three remaining big banks are expected to soon hike their rates above last week’s RBA’s official cash rate rise.
Angry customers swamp CBA’s exit line
EXTRA staff needed to deal with an exodus of angry Commonwealth customers wanting to switch home loans after rates hike.
Big Four banks move to dump exit fees
COSTLY charges are set to go following week of bank bashing and massive customer backlash.
Rates so bad they make UK look desirable
IT’S the one thing Aussies would kill for right now – a mortgage rate of less than one per cent.
CBA chief: It’s not my job to be popular
COMMBANK boss Ralph Norris is disappointed that criticism got personal after his bank’s rate rise.
Noose tightens around errant bank chiefs
SENIOR execs could face multi-million dollar penalties if found to have colluded on rate rises.
RBA decision was the ‘rise we needed’
RESERVE Bank, CBA should be thanked for giving economy what it needs, writes Terry McCrann.
RBA rates decision statement
A Statement by Glenn Stevens, governor: monetary policy decision
RBA to hold rate reins for sixth month
CUP Day punters could have an extra reason to cheer, with the odds strongly in favour of the Reserve Bank holding interest rates.
Pressure your bank for better loan deal
MYSTERY shopper finds out how much you can save by bartering with the banks on mortgages.
‘Please, banks, play fair on Cup Day’
WAYNE Swan pleads with banks not to gouge borrowers with a Melbourne Cup Day rate rise.
Funding will stay expensive, CBA warns
CBA’s chief executive paves the way for interest rate rises outside of official RBA rate movements.
Warning: Prepare for rate pain, Australia
INTERNATIONAL authority says interest rate rise needed because of region’s economic’s strength.
Rate rise a matter of time – Reserve Bank
BOARD minutes from the Reserve Bank reveal it “cannot wait indefinitely” to raise rates due to inflationary pressure.
Rates certain to rise, warns Westpac chief
MORTGAGE rates “are going to go up” as tailwinds from the global financial crisis lash the domestic banking sector.
October out, November rate rise likely
THE Reserve Bank (RBA) has defied market expectations and left the cash rate unchanged at 4.5 per cent for the fifth straight month.
Aussie borrowers face bleak Christmas
RBA expected to raise rates tomorrow, amid a warning that property prices will keep on rising.
Banks to compound interest rates pain
BIG banks set to lift mortgage interest rates above official line but RBA may hold off increase anyway.
Five rate rises on the way, says insider
FORMER RBA economist gives warning bank will put up rates to 5.75 per cent by end of 2011.
Interest rate decision April
Interest rate decision.
Reserve Bank keeps interest rates steady
RESERVE Bank leaves its cash rate unchanged at 4.5 per cent.
RBA September interest rate statement
FULL statement by Reserve Bank governor Glenn Stevens about the board’s September monetary policy decision.
Reserve Bank keeps official rates at 4.5pc
HOMEOWNERS spared higher mortgage payments after the Reserve Bank holds fire on rates.
Strong data increases rate hike chance
RETAIL trade and building approvals figures “blitz expectations”, making a rate hike “all but certain” before 2011.
Original URL: https://www.news.com.au/finance/economy/interest-rates/page/64