Sally Tindall

Banks rake in $4.19 billion in fees from households

Banks charged customers an eye-watering $4.19 billion dollars in bank fees last year, according to the latest figures released from the Reserve Bank of Australia today.

Banks back away from risky business

Banks continue to turn their backs on riskier home loans, as the value of new interest-only and low doc loans hit record lows, according to APRA data released today.

What to do with unwanted Christmas gifts

We've all received Christmas gifts that we didn't want. Indeed, one survey found that a quarter of people couldn't name a single enjoyable gift they'd ever gotten.

Can the new Code of Practice restore the reputation of the Banks?

Aussies everywhere, unless they are in the minority of mattress money hoarders, will likely be happy to know about the initiation of a new banking Code of Practice, approved by the Australian Securities and Investments Commission on Tuesday this week.

What is the Pension Loans Scheme?

The Pension Loans Scheme allows people who are at the age pension age to apply for a loan from the government to supplement their retirement, effectively functioning as a reverse mortgage.

ING scraps international fees: now the pressure is on the Big 4 to follow suit

ING has today scrapped all international ATM, credit and debit card charges for their customers. This includes ATM withdrawal fees, ATM currency conversion fees, international purchase fees on debit cards and a refund of any overseas third party ATM fees.