Tag: Mozo

When the Reserve Bank cut interest rates, home owners arm-wrestled the banks into passing on the cut. But, as Rohan Gamble finds, small businesses aren’t as lucky:

“Small businesses aren’t just missing out on full rate cuts, business lenders are taking almost double the amount of time to implement the rate reductions.”

The public has voted the Commonwealth Bank the worst mortgage lender and Big 4 bank in a recent Mozo survey, with NAB topping the big boys category thanks to its break-up fee-axing campaign.

Two thirds of Australians are planning to spend less on gifts, sale shopping and family entertainment this Christmas, according to a new survey by finance comparison website Mozo.com.au.