News

Government backs APRA screw tightening
20 October 2015

The Federal Government has given the banking regulator APRA until the end of the year to ensure Australian banks are holding enough capital to weather financial storms.

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Unemployment rate remains steady for September
16 October 2015

Australia’s unemployment rate has remained steady for the last month at 6.2 per cent.

While the unemployment rate remained unchanged, the actual number of jobs available fell by 5,100.

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Westpac to lift home loan rate for owners and investors
15 October 2015

Westpac Bank has signalled it will lift its home loan rate to beef up capital reserves to guard against future financial crises.

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Economists dismiss predicted 7.5% fall in house prices next year
14 October 2015

Economists have slammed recent claims there could be a drop of up to 7.5 per cent in house prices next year.

Earlier this week Macquarie predicted a drop in house prices of 7.5 per cent across the country in 2016.

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Investors starting to look to Perth for cheap bargains in a buyers' market
08 October 2015

While investment in the Melbourne and Sydney property markets cools, economic advisers have started looking out west to Perth as one of the country’s best buyer markets.

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