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Showing 121 - 130 of 356 results for "Credit card"

Treasurer launches new financial system inquiry

KARREN VERGARA  |  TUESDAY, 9 MAY 2017
... Degotardi said. Such problems can be addressed by the PC, as well as empower consumers to find the best savings account, credit card or home loan deals for them, he added. The inquiry will commence on 1 July and is due to report the following year.

Pre-retirees robbing Peter to pay Paul: REST

EMMA RAPAPORT  |  TUESDAY, 2 MAY 2017
... expenses. This has led to 46% of older working Australians expecting to retire with debt, with one in four retiring with credit card debt (25%), one in five with a mortgage (21%) and one in ten with unpaid bills (12%). Without financial advice, REST ...

HSBC rolls out Apple Pay

KARREN VERGARA  |  TUESDAY, 2 MAY 2017
HSBC credit card customers using Apple devices can now 'tap and pay' when making purchases. The global bank is rolling out Apple Pay across the Australian market after experiencing a growing demand from customers to use the technology, HSBC Australia ...

Coles sheds life insurance offering

JAMIE WILLIAMSON  |  MONDAY, 10 APR 2017
Supermarket giant Coles quietly exited the life insurance industry less than three years after launching a directly distributed offer. As of 1 January 2017, Coles Life Insurance policy holders became customers of MetLife - the insurer whose MetLife ...

Unclear disclosure costs bank $5m

KARREN VERGARA  |  MONDAY, 3 APR 2017
... Investment Commission has forced Citibank to refund about $5 million to 230,000 customers for failing to properly disclose credit card international transaction fees. Citibank began charging international transaction fees in early 2016 for Australian ...

ABA committing to industry reforms

KARREN VERGARA  |  THURSDAY, 30 MAR 2017
The Australian Bankers' Association announced it will commit to the majority of the Khoury Report's proposed banking reforms, promising to raise its code of practice to meet higher standards. Of the 99 recommendations, the ABA is fully supporting 61 ...

BTFG announces giant Panorama leap

DARREN SNYDER  |  THURSDAY, 23 MAR 2017
BT Financial Group will merge 12 superannuation funds into one as part of the rollout of its $630 million Panorama platform and in a major update of the wealth management business. Announced to the market this morning, BTFG will also move from four ...

We have made mistakes: CBA

KARREN VERGARA  |  TUESDAY, 7 MAR 2017
... be a voice for customers; started simplifying contracts; developed a best practice whistleblower policy; and made credit card offerings clearer with respect to fees and how to avoid them, Narev said. He added in the next three months the bank will: remove ...

Bank inquiry recommends breaking big four oligopoly

ALEX BURKE  |  FRIDAY, 25 NOV 2016
The House of Representatives Standing Committee on Economics' first report in its review of the four major banks has recommended breaking the big four's "oligopoly" and introducing competition into the sector. The report said this could be achieved ...

Insurers to battle big data privacy concerns

ALEX BURKE  |  TUESDAY, 15 NOV 2016
... data insurers could source to make these granular pricing adjustments could come from social media, supermarket and credit card transactions and devices like smartwatches. The problem is, the paper noted, "consumers may not be aware that the insurer ...