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Interest rates charged on personal loans and credit cards have hardly budged since the Reserve Bank official cash reduction cycle began in September, with variable rate mortgages grabbing all the medi.. read more

Credit Union Australia has reduced a suite of personal lending products, including overdrafts and new and used car loans, by between 50 per cent and 105 per cent since September, with Andrew Hadley, g.. read more

Agricultural financier Bidgee Finance Limited has become another victim of the deposit flight to safety, since the inception of the government guarantee of bank deposits in October, which Bidgee is ex.. read more

A bottom in the mortgage market is too early to call, but a few indicators are emerging to suggest demand is increasing, even before the full effect of the October first-home buyers' grant increase, a.. read more

The Reserve Bank of Australia is sticking to the under promise and over delivery strategy, cutting the official cash rate by a larger than expected 75 points yesterday, to 5.25 per cent. read more

Interleasing, a financing arm of General Motors Holden, is not suffering the same funding problems that recently forced GE Commercial and GMAC to quit the market for wholesale financing and fleet leas.. read more

One benefit for the big Australian banks in the current market turmoil is the retail deposit flight to quality. read more

Australian small and medium business owners are struggling to manage business cash flow issues, causing owners to take pay cuts, with the flow-on effect damaging personal life, according to the Nation.. read more

St George benefited from the retail deposit flight to quality during 2008, boosting retail deposits by one fifth to $57 billion, as investors felt more secure lodging funds with major Australian banks.. read more

It is difficult to estimate the market share of recent vehicle finance drop-outs General Motors and GMAC, with some estimates ranging up to 40 per cent. read more