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Australia & New Zealand Credit Union News is an EIN News Service for banking industry professionals. Constantly updated news and information about Australia & New Zealand Banking.
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Latest Australia & New Zealand Credit Union News

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  • 'Welcome Home' Loan limit increased 24 Nov 2009 04:36 GMT
    ... home buyers in higher priced areas of New Zealand will be able to borrow more under ... $150,000, which is $22,500. Selected banks and credit unions issue the loan, and Housing New Zealand ... insures the loan for the bank and credit union. ...

  • One million people a day online 24 Nov 2009 05:13 GMT
    ... There are 8.4 million internet subscribers in Australia and countless business opportunities on the world ... introduced SMS banking, including the Queensland Police Credit Union. Customers can receive account balance updates and ...

  • Fixed rates: There's no easy fix on home loans 24 Nov 2009 01:36 GMT
    ... But fixed rates can provide certainty. In Australia, 85 per cent of mortgages are variable ... lock yourself into a contract." Queensland Teachers' Credit Union chief executive Mike Murphy says there is now ...

  • Welcome Home Loan limit increased 23 Nov 2009 01:10 GMT
    ... on the Welcome Home Loan website: Housing New Zealand will review these prices annually and change ... $150,000, which is $22,500. Selected banks and credit unions issue the loan, and Housing New Zealand ... insures the loan for the bank and credit union. ...

  • Commonwealth Property to acquire 2 office buildings for A$303.1M 23 Nov 2009 12:54 GMT
    ... income secured with roughly 66% of the income pre committed by tenants including GHD, Credit Union Australia and Grant Thompson. Commonwealth Property will be nominated to be granted the 120-year leasehold ...

  • PAUL CLITHEROE: Avoid mortgage pain by planning 23 Nov 2009 02:13 GMT
    ... RISING interest rates make it important for homeowners to ... which generally deals with a number of credit unions. Both offer a free service to consumers. ... financial planning firm ipac, Chairman of the Australian Government Financial Literacy Board and chief commentator ...

  • Public shuns government's home saver accounts 20 Nov 2009 13:47 GMT
    ... its first nine months, according to the Australian Prudential Regulation Authority. The initial projections were ... the ANZ and Commonwealth, along with 14 credit unions including the Police Credit Union and NSW Teachers. The typical account has ...

  • Interchange Fees: GAO Recommends Caution on Regulation 20 Nov 2009 00:19 GMT
    ... The Government Accountability Office just issued a on the ... onto consumers. 2. In the U.S., small credit unions are concerned that limitations on interchange fees ... customers. The GAO consults the example of Australia (which implemented interchange regulation) to see what ...

  • Unionist Pat Mackie dies 19 Nov 2009 05:12 GMT
    ... pay dispute with the owners. Originally from New Zealand, he was labelled a vicious gangster by ... housing, the fact that you have a credit union, a health society and other facilities all ...

  • RBI panel moots umbrella body, lifeline for UCBs 18 Nov 2009 01:50 GMT
    ... With financials of 392 urban co-operative banks (UCBs) out ... months/one year. Internationally, cooperative banks, popularly called credit unions, operate in networks and have an entity ... credit unions in certain countries, such as, Australia, Belgium, Canada, Finland, France, Germany, Netherlands, Poland ...

  • Reducing Interchange Would 'Pose Challenges,' the GAO Says 19 Nov 2009 20:52 GMT
    ... Reducing Interchange Would ‘Pose Challenges,’ the GAO Says (November ... included input from federal financial-institution regulators, banks, credit unions, merchants, trade groups, the card networks, economists ... and officials in other countries such as Australia that have regulated interchange. “Economists at the ...

  • Who Am I? 18 Nov 2009 04:34 GMT
    ... as she started at the News Media Credit Union at the age of 18 and by the ... been involved with the Stawell Red Garters (Australian Red Cross) for 15 years, treasurer for ...

  • Societies and credit unions are solid 17 Nov 2009 21:54 GMT
    ... SYDNEY - Australia's credit unions and building societies have come through the global financial crisis in good shape and ...

  • QCCU returns solid results 17 Nov 2009 04:31 GMT
    ... the global financial crisis, the Queensland Country Credit Union (QCCU) was able to return “good and solid” ... The fee increase reflected average fees in Australia but nowhere near the top of the ...

  • Gallows Sick, Leave AFI Tour 16 Nov 2009 22:56 GMT
    ... @ Scrutton Street Warehouse Feb. 20 Brisbane, Australia @ RNA Showgrounds (Soundwave Festival) Feb. 21 ... Talent March 19 Saskatoon, SK @ Saskatoon Credit Union Centre w/ Billy Talent March 20 Winnipeg, MB ...


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