banks

227 results tagged banks:

‘We preferenced interests of shareholders at the expense of clients’: AMP

Not only were customers misled, overcharged and paid millions of dollars for services they never received but AMP made at least 20 false statements to ASIC.

Should super funds become lenders? We look at both sides

Anthony Pratt, Gina Rinehart and Lindsay Fox have called on the super industry to start lending directly to businesses, bypassing the banks. So should super funds become lenders?

Why stronger banking reforms are needed

In a bid to get in ahead of the game, Australian banks have released a new voluntary code of conduct to try to win back consumer confidence, but more banking reforms are needed.

The problem with getting financial advice from your bank

Next time friendly bank staff want to help you with your money, consider this: 75% of advice given to customers wasn't in the client's best interests, according to an ASIC review of the big four banks and AMP.

The cheapest place to get a bank cheque: how to avoid a $15 fee

Paying for a car or another big purchase? Bank cheques can be costly if you don't do your research, with charges ranging from $0 to $15.

Royal commission: should shareholders be worried?

Like them or loathe them, our big banks have an impressive track record as a solid investment. But could the banking royal commission leave the banks - and their shareholders - nursing financial wounds?

Five things you should know about the royal commission into banks

Mozo director Kirsty Lamont looks at just what this inquiry into the banks will mean for consumers.

How one late credit payment could come back to haunt you

If you've ever made a late payment on a loan or credit card, your bank could soon be forced to tell other lenders, and you could face higher interest rates.

What Australia’s biggest bank is doing to win back customers

Free ATM access. A home deposit savings account. A new credit card interest rate. CBA is rolling out a series of new offers in a bid to retain customers, but is it enough?

Why it’s getting tougher to refinance your mortgage

While it's been more difficult recently, if there is a will, there is usually a way to refinance.
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