News

Small lenders to snaffle bigger market share as rate gap with major banks increases
12 November 2015

The gap between home loan interest rates being offered by the major banks and the rest has effectively doubled according to comparison website Mozo.

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Lending to property investors has fallen for September
11 November 2015

The demand for finance from housing investors has started to slide, most likely off the back of tighter lending restrictions and recent interest rate hikes from banks.

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New Turnbull Government looking at broadening the GST to include financial services
09 November 2015

The Turnbull Government is looking at the possibility of extending the GST to financial services to pay for a cut to the company tax rate.

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Banks have understated investor loans says RBA deputy governor
05 November 2015

An RBA official says Australian banks have understated the value of investor loans and it justifies the decision from regulators to crack down on investor loans.

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Rates kept on hold on Cup day but low inflation keeps the door open for more cuts
04 November 2015

The Reserve Bank has resisted the temptation to cut interest rates on Melbourne Cup day but has left the door open for more cuts in the future.

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