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NEWS.com.au | Money | Banking
The latest money banking news from NEWS.com.au

• Customers unhappy with banks
  THERE is growing dissatisfaction with the cost of doing business with Australia's commercial banks over interest rates.
• Banks hiking credit card rates
  BANKS are hiking credit card interest rates despite the RBA cutting the official cash rate by 2 percentage points in recent months.
• Credit card spending on the rise
  THE amount of money racked up on credit and charge cards rose almost 8 per cent in September, RBA figures show.
• Thorpe enters mortgage game
  OLYMPIAN Ian Thorpe has become a mortgage broker with a business that makes banks bid for business.
• Plastic not so fantastic for many women
  WOMEN are struggling to pay off their credit card debts, with more than half feeling like they are going backwards.
• No-deposit loans dead as banks get tough
  HOMEBUYERS will find it hard to get no-deposit loans as banks tighten lending standards in the wake of the credit crisis.
• Big banks battling to keep deposits
  AUSTRALIA'S big banks plan to launch a range of "guaranteed" accounts to defend their bulging deposits under the Federal Government's support scheme.
• Slug on super rich sparks guarantee brawl
  SUPER rich Australians with more than $1 million in the bank will be forced to pay insurance to guarantee their savings.
• Four big banks monopolise mortgages
  THE big four banks continue to dominate the mortgage market although growth has slowed dramatically.
• Move your money elsewhere
  WAYNE Swan has fast-tracked a Treasury plan to make it easier to switch banks by reducing fees, amid growing anger at the banks' haste to raise interest rates.