banks

224 results tagged banks:

Is it time to sell your bank shares?

With COVID-19 all but destroying dividends, now is the time for investors to reconsider their exposure to the big banks.

Ask Paul: My lender won’t give me a better rate – should I switch?

Rachel asked her bank for a better interest rate on her mortgage only to be fobbed off. Is she better off changing lenders?

‘We went about it the wrong way’: ME Bank reverses redraw decision

ME Bank has reversed its decision to slash home loan redraw limits just days after coming under fire from customers.

ME Bank saga: is it okay for banks to slash redraw balances?

ME Bank has come under fire after customers received letters telling them the redraw balances on their mortgages had been significantly cut without any warning.

Big four banks urged to pay up dividends to investors

An Australian investment manager has urged the big four banks to continue paying dividends, propping up APRA's suggestion to use underwritten dividend reinvestment plans (DRPs) to meet the needs of the nation's retirees.

Why your dividends from the big four banks are under threat

The big four banks have been ordered to reduce their dividend payments, which will take its toll on SMSF trustees, super funds, and other income investors.

Why your credit score should be the least of your worries right now

Worried about getting behind on your payments and seeing a black mark on your credit score? Contact the bank but don't stress, says Mike Laing from the Australian Retail Credit Association.

Term deposit rates on the rise

In a somewhat surprising move, banks are lifting some of their term deposit rates despite the Reserve Bank of Australia slashing the cash rate to an all-time low of 0.25% on March 19.

How having your identity stolen can stop you from getting a loan

Having your identity stolen is more than just sorting out suspicious credit card charges. It could harm your chances of getting a car loan or buying a home.

How financial admin during your self-isolation could save you thousands

If you're self-isolating during the pandemic, here's how to take this time at home to catch up on your financial admin.
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