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Slash your bank fees (bank of the year survey)

Article Abstract:

Twenty four Australian banks and 420 products were ranked in this survey. Between 1997 and 1998 banks will introduce more fees to their customers due to competition cutting bank's profit margins. Regional banks are leading the way in introducing user-fees. Customers may find they can save thousands of dollars by switching from the most expensive product to the least expensive.

Banking industry, Australia, Prices and rates, Bank fees

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The other side of giving

Article Abstract:

Donating to charity does have tax benefits, but donors should be careful about where and how much of their donations is actually benefiting the people who need it most. Donors should research their charities in the same manner as researching an investment. Donors should consider the administrative cost of the charity and if their charities qualifies for tax deductible status.

Taxation, Charitable contributions, Charitable donations

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Top credit unions squeeze banks

Article Abstract:

Credit unions are able to offer free or extremely discounted accounts because they are not beholden to shareholders and are not trying to make a six-figure profit. Their fewer number of branches also helps keep costs down. The interest rates are quite a bit higher than those offered at banks, often there is only a small charge to become a member of the credit union.

Planning, Personal finance, Credit unions

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