Unemployment figures add the pressure for another rate cut
The economic growth forecast for Australia has been heavily reduced, increasing the likelihood of an imminent interest rate cut.
The economic growth forecast for Australia has been heavily reduced, increasing the likelihood of an imminent interest rate cut.
The spectre of automation and technology hangs over a lot of industries in 2019 and the finance and mortgage sectors are not immune from innovation and evolution.
The huge flood of new apartment construction in recent times has left apartment prices close to the city stagnating.
If you go by the new Cutting through the Home Loan Crap report research from Aussie, they feel pretty good about them.
The Reserve Bank left interest rates on hold yesterday but many economic experts think they’ll be cut again as soon as next month.
Banks are now offering some of the lowest fixed mortgage interest rates ever, with some dipping below 3 per cent.
Treasurer Josh Frydenberg is moving to implement some of the Hayne royal commission recommendations for mortgage brokers, targeting best-interest duties and bonus commissions.
The latest minutes from the RBA’s August meeting show the central bank expects a long period of record-low interest rates while the economy continues to weaken and the global economy suffers through trade wars.
Dwellings that have been hanging around on the market for months have started to sell indicating the downturn has finally ended.
In the wake of their big legal win against ASIC this week, Westpac has announced its plan to improve its loan policies.