Net banking branches out

Article Abstract:

Australian banks are becoming more confident in electronic banking security systems and are providing more Internet and telephone services at great savings to the bank and ultimately the customer. Advance Bank has taken the lead in online banking and claims to have almost 11,000 participating customers and 1,000 new customers a month. Commonwealth and NetBank have also launched Internet sites.

Planning, Usage, Innovations, Internet, Electronic commerce, E-commerce

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A better deal from banks

Article Abstract:

Customers who transact multiple types of business with their banks are in a good position to bargain for a variety of fee waivers. Banks are trying to attract customers by offering packaged services and waiving fees on loan applications, credit card rates or the annual credit card charges. The home loan is the consumer's best bargaining tool for better deals.

Services, Private banking

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Community the key to survival

Article Abstract:

Credit unions provide consumers with attractive options for financial services and unlike banks, who make a profit on fees and interest charges, credit unions charge members just enough sustain business. Australia's credit unions and their savings and investment accounts, term deposits and personal loans are reviewed.

Analysis, Australia, Financial services industry, Financial services, Credit unions

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