Banking
“The American Dream” employs engaging animation to tell a fiscal horror story [VIDEO]
“The American Dream” is a horror story told in “South Park” style. It says the U.S. Federal Reserve Bank has locked the US in a nigh-unbreakable cycle of loans, interest and debt, using an endless flow of currency that’s backed by absolutely nothing. Side-splitting yet sobering, there’s a lesson in this YouTube ‘epic’ for everyone.
Need help from a bank? Here’s how to get Bank Ready
Even in these tight economic times, the task of getting financial support from a bank can be greatly eased if a business owner learns how to speak a bank’s language and use similar risk-management tools and techniques.
Wayne Swan’s banking reforms: a look at what’s on the agenda
In this podcast, Leon and Garry talk about Treasurer Wayne Swan’s raft of bank reforms while the Senate economics committee has hearings into the banking business, Australia’s super system is to be manipulated, new figures show that despite the mining boom, the real economy is struggling with vehicle sales down, personal credit shrinking, dwelling commencements falling, low business confidence and more businesses expected to call in corporate undertakers and consumer confidence edges up.
Assistant Treasurer Shorten: “We are committed to banking competition”
In this interview, Assistant Treasurer Bill Shorten reaffirms the Government’s vision for encouraging greater banking competition. He explains the plan for supporting a so-called ‘fifth pillar’ of non-bank lenders and addresses the role of superannuation funds in achieving a budget surplus.
Meet Mozo, 2010 Anthill Cool Company Award Finalist [Online Business Category]
A website that compares financial services doesn’t need to be fusty by nature. That’s the directive for the people at Mozo, which is trying, in its own little way, to shake up the banking sector. Mozo lets people compare offers on home and personal loans, savings accounts and credit cards, offering a “top 5″ list in each category and then allowing the user to find options that best match his or her requirements.
Australia ranks 10th in world for ease of doing business [STATISTICS]
How easy is it to do business in Australia? Apparently, it’s easier than doing it in Germany, Japan and Portugal. And it’s a damn sight easier than in Argentina or the Solomon Islands. That’s the assessment by The World Bank and the International Finance Corporation in their latest rankings of the world’s economies. On the other hand, Australia crawled in at 63rd for “dealing with construction permits” and 59th for “protecting investors”. Ouch!
Don’t get nabbed! How to take control of your banking.
The recent problems experienced by one of Australia’s top four banks shows just how much people rely on their money ‘being there’ when they want it. This problem could have occurred at any of the financial institutions (and will surely happen again). So, how do you protect yourself from banking blunders like this?
Small banks and newcomers top People’s Choice banking poll
In the first annual People’s Choice awards for Australia’s Best Bank, 23,000 banking customers cast their votes online for their most preferred financial institution. The voting was conducted by Mozo, an online finance comparison and reviews service.
Is self-service the future of retail?
As consumer, we go to great lengths to find the best deals from banks and retailers — and we tend to stick around when we find service tailored to our needs. Thus claims a new survey comparing Aussies with consumers around the world. The survey, which was commissioned by NCR Corporation, looks at the importance of self-service, personalisation, and technology when choosing a brand.
Navigating the dark waters of interest rates — what does it all really mean?
Be it in good economic times or bad, interest rates dictate how we spend our lives. Or more importantly, how we spend. Period. For many of us, how they are determined and interpreted seems to be the work of economics wizards and the faceless gods at the top of banking towers.









