Foreign funds no problem for savvy local banks: RBA
australia banks news,australia banks
THE Reserve Bank has declared that Australian banks are not too heavily exposed to volatile offshore funding markets and are among the best managers of risk in the world, which helped them survive the global financial crisis.
In a speech yesterday, the central [...]
australia banks
A study has revealed that big banks have used the global financial crisis as an excuse to gouge customers while boosting staff pay packets and posting record profits for shareholders.
The University of Canberra study has found banks are overcharging customers through bigger profits on mortgages, higher fees and lower savings rates compared to before the [...]
Bank fees can be very confusing. With several banking products available in the market, and with different terminologies used to describe the nature of the fees charged on these accounts, it is no wonder consumers often get confused or lose track of the fees they are paying. A simple understanding of when and where you [...]
