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?
Mozo director Kirsty Lamont looks at just what this inquiry into the banks will mean for consumers.
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.
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?
While it’s been more difficult recently, if there is a will, there is usually a way to refinance.
Banks are blacklisting suburbs where they’re not keen to lend, where borrowers face tougher hurdles to get a mortgage and have to stump up a bigger deposit.
Commonwealth Bank’s recent media hammering over alleged infringements of money-laundering regulations has affected market value, but what does that mean for your shares?
Would you move banks if your home loan interest rate increased by 0.15%? Most people won’t, which is how Aussies will end up paying for the bank levy.