Published on December 12, 2010 by Technology Slice
Mortgage Exit Fees Banned – Treasurer Wayne Swan will announce today plans to ban mortgage exit fees – blamed for dampening competition by making it prohibitively expensive for customers to switch to cheaper loans – from July 1 next year. The Sunday Age believes the much-anticipated banking competition package also includes a plan to give [...]
Tags: anger, Australian Competition, australians, Banking Sector, banks, Building Societies, Competition Package, Credit Unions, Do The Right Thing, Exit Fees, Fifth Pillar, interest rates, July 1, Lenders, Mr Swan, Rivals, Swan, Teeth, Treasurer Wayne, Wayne Swan
Posted in Money
Published on December 10, 2010 by Technology Slice
Wayne Swan Backs Small Banks – Federal Treasurer Wayne Swan has put his money where his mouth is on the big four banks – opening an account with a credit union. Mr Swan says the big four need to understand Australians will shop around for better deals, and demonstrated his point at a credit union [...]
Tags: Advertisement, australians, brisbane, Building Blocks, Building Societies, Credit Union Australia, Credit Unions, Electorate, Federal Treasurer, Financial Institution, Magic Solution, Money, Mr Swan, Regional Banks, Silver Bullet, Swan, Toombul, Treasurer Wayne, Wayne Swan
Posted in Money
Published on November 21, 2010 by Technology Slice
New Big Bank For Australia – “The government is determined to see a new pillar in the banking system, particularly based on our mutual sector,” Mr Swan told the Nine Network today. The treasurer also hinted the government would welcome the entry of a new player – in the shape of a giant financial entity [...]
Tags: anz, australians, Axa, Axa Asia Pacific, Bank Customers, Bank Interest Rate, Banking Sector, Banking System, Building Societies, Credit Unions, Fifth Pillar, Financial Entity, Financial Sectors, Four Pillars, Mr Swan, nab, Second Wave, Summer Break, Takeover, Westpac
Posted in Money
Published on November 3, 2010 by Technology Slice
Wayne Swan Thinks He Will Keep Banks Honest – Mr Swan’s comments come after the Commonwealth Bank yesterday increased its standard variable interest rate by almost double that of the Reserve Bank. The Federal Government is under pressure after Opposition Treasury spokesman Joe Hockey’s vowed to unveil a nine-point plan last week to reign in [...]
Tags: anz, Australian Competition, Basis Points, Cba, Commonwealth Bank, Federal Government, Federation Of Small Businesses, Half An Hour, Home Loan Rates, Joe Hockey, Melbourne Cup Field, Mr Swan, nab, Net Profit, Percentage Points, Swan, Treasury Spokesman, Variable Interest Rate, Wayne Swan, Westpac
Posted in Money
Published on June 24, 2010 by Technology Slice
Sky News reports Deputy Prime Minister Ms Gillard was tipped to take up to 70 of the 112 Caucus votes, and that Treasurer Wayne Swan has reportedly backed her for today’s leadership ballot (9am AEST). Sky News believes Ms Gillard should win the vote on the reported numbers. Mr Swan is likely to become Deputy [...]
Tags: Australia Job, Bitterness, Caucus, Deputy Prime Minister, Enemies, Faction Leaders, Factional Leaders, Factions, Final Straw, kevin rudd, Leadership, Loyalty, Mp, Mr Swan, National Interest, Newspaper Report, Sky News, Swan, Treasurer Wayne, Wayne Swan
Posted in Politics
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