February 20th, 2008
The Australian, Wealth
Qualifying is half the battle to be a customer of a private bank, Ed Charles reports
| February 28, 2007
THE world of private banking consists of an exclusive club of retail bank clients and an elite club of global private bank clients.
The level of personal service you get and what you pay will depend [...]
February 20th, 2008
The Australian, Wealth
IT isn’t possible to have too much money. But it is possible to have too little debt. This is one of the main differences between choosing private banking services from the private banks born on the shores of Lake Geneva and local retail banks born on the Yarra or Sydney’s harbour. Both kinds [...]
February 20th, 2008
The Australian, Wealth
INTERNATIONAL banks are targeting the Australian market to provide high-end private banking services that don’t necessarily involve mortgages.
Both HSBC and Citibank have launched private banking packages: Premier and Citigold, respectively. They have less stringent requirements than the local so-called private retail banks, but are nevertheless aimed at wealthy people.
British banking group HBOS is [...]
July 18th, 2007
From The Australian, Wealth:
Building a portfolio of multi-million-dollar properties is easier than you might have thought, Ed Charles writes | July 18, 2007
WHAT can be better than owning property?
All you need to do is to know how to navigate the mortgage maze and have a sense of timingfor the peaks and troughs of the property [...]
July 18th, 2007
From The Australian, Wealth:
Ed Charles | July 18, 2007
ONCE upon a time it was difficult to borrow money.
The major banks required a 20 per cent deposit and some evidence of financial prudence. Now, thanks to the influx of smaller lenders known as the non-banks, it’s possible to borrow more than the value of an asset.
The [...]
July 23rd, 2006
The Australian — Wealth:
With mortgage providers jostling for business in a highly competitive market, there is a loan to suit almost anybody, reports Ed Charles
July 19, 2006
WITH low interest rates and competition among mortgage providers we are able to borrow more money than ever before to buy homes.
In some cases it is possible to borrow [...]
July 23rd, 2006
From The Australian: EVERY bank wants to sell you a package. The idea is that if, in addition to a home loan, they can sell you transaction accounts, credit cards, insurance and multiple mortgage accounts for investments they can make more money.
And hopefully you can make more money too.
This is the thinking behind professional packages [...]