News

Gen Y hunting for that elusive digital mortgage. 

April 12, 2017

Digital? When it comes to applying for a mortgage, 76% of Gen Y professionals want to have a face-to-face conversation with a broker or lender. A new report by professional services firm KPMG, entitled Banking on the Future, surveyed over 1,400 professionals in Gen Y (defined as being between 18 and 30 years old). Despite […]

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Interest rate update!

April 4, 2017

The RBA has opted to leave the official cash rate on hold at 1.5%. At its board meeting today the Reserve Bank of Australia decided to leave the official cash rate unchanged. As widely predicted, the RBA has kept rates on hold as it continues to work in unison with the regulators to stem concerns around […]

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Is your credit card rewards program still worth the money?

April 2, 2017

Is your credit card rewards program still worth the money? CREDIT card reward programs are being crunched by rule changes and consumers are being urged to check whether they are still worth the money. ANZ’s recent move to scrap its American Express companion cards and reduce the benefits of its card rewards programs is likely […]

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Switching Banks

March 26, 2017

Lenders and other stakeholders have come together at an inaugural roundtable to discuss new initiatives aimed at improving customer experiences of changing banks. Last Thursday’s inaugural Australian Bankers’ Association Switching Roundtable brought together banks, consumer groups, regulators and card schemes to better understand customer views about switching banks. ABA chief economist and executive director – […]

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