Home Loans & Mortgages

Get nabbed! National Australia Bank slugs it credit card users in defiance of RBA

Rick Adlam — Thu, 26 Apr 2012 10:11:22 +0000

National Australia Bank will continue slugging customers for using “non-NAB” cash machines, in defiance of the Reserve Bank. The RBA said financial institutions would have “no case” for levying such fees once new rules on ATM charges take effect on March 3. Under the new rules, it will cost banks about the same for their [...]

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Bendigo Bank wants to grow customer wealth business with wholesale mortgage home loan lender Adelaide Bank

Rick Adlam — Wed, 25 Apr 2012 22:11:42 +0000

Bendigo Bank wants to expand wealth management with its $1.2 billion bid for wholesale customer darling Adelaide Bank. Bendigo and Adelaide, which hold the top two positions in Roy Morgan’s poll of banking customer satisfaction, will become a $4 billion company and break into the top 70 listed companies in Australia after the merger. Bendigo [...]

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Interest rates: CBA cuts mortgage rate on “no-fee” discount home loan

Rick Adlam — Wed, 25 Apr 2012 22:11:42 +0000

The Commonwealth Bank of Australia [CBA] has just dropped the home loan rate on its recently introduced ''no fee'' home loan offer to 7.11% in response to other major players offering deep discounts in order to attract home buyers and mortgage refinance customers in a slow mortgage market.

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