CBA faces $10m bill for ripping off customers

Commonwealth Bank will refund about $10 million after selling unsuitable consumer credit insurance to tens of thousands of Australians.

Why smaller mortgage lenders often come out on top

Borrowers are doing themselves a disservice if they refuse to at least consider taking out a mortgage with a lender outside the big four banks.

What Is a Mortgage Broker? | RateCity

A mortgage broker helps consumers take out home loans with lenders. As such, mortgage brokers act as middlemen between consumers and lenders.

ACCC takes action against Holden

Macquarie revamps its credit card rewards

Macquarie today announced the launch of its new digital credit card rewards program.

Can anyone get a credit card?

Aussies love cars more, petrol less

Our love affair with cars has deepened over the past five years, according to new data from the Australian Bureau of Statistics.

Bank admits overcharging offset account holders

MyState Bank has refunded more than $230,000 in over-charged interest and fees to about 1,040 customers with mortgage offset accounts.

Banks lure borrowers with cash rebates and fee cuts

Ten lenders of all shapes and sizes are enticing new home buyers and refinancers with an array of special offers.

APRA orders banks to increase their financial reserves

Australia’s banking regulator has spelled out to lenders how much more capital they need to hold, as it continues its efforts to strengthen the financial system.