December 7, 2016
The Turnbull Government looks set to ditch plans for a banking tribunal
The Government is instead looking to give more power to an ombudsman to look after complaints in the sector.
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December 6, 2016
NAB and Westpac lift mortgage rates for investors
Two of Australia’s big four banks – Westpac and NAB – have lifted their home loan rates for investors as we head towards Christmas.
December 5, 2016
The RBA will meet for the final time this year tomorrow and look set to keep rates at 1.5%
Most economists expect rates to remain on hold tomorrow but are divided on where things will head next year.
December 2, 2016
Melbourne’s house prices have fallen in November
Unlike the other cities around the country, Melbourne house prices fell 1.3 per cent for the month of November, with apartment prices falling even further, dropping by 3.2 per cent.
November 30, 2016
Australia needs to start lifting interest rates by the end of 2017: OECD
Australian borrowers should expect interest rates to start going up by the end of next year according to the Organisation for Economic Cooperation and Development (OECD).
November 29, 2016
Report shows millennials don’t know much about credit but are willing to learn
Millennials number over 5.5 million people in Australia – that’s nearly a quarter of our population.
November 25, 2016
New multi-unit construction to slow significantly by 2018
Multi-unit constructions look set to drop by 40 per cent or more in coming years, putting an end to a sustained period of construction upturn.
November 23, 2016
Australian borrowers are working hard to pay off their mortgages sooner
A new survey has found nine in ten Australian home loan borrowers are trying to pay down their debt quicker.
November 17, 2016
IMF calls for further tightening on property lending
The International Monetary Fund says Australian banking regulators should come down even harder on risky property market lending.
November 15, 2016
The cheapest rental suburbs in Melbourne within 10kms of the CBD
Renters and property investors are always interested in Melbourne suburbs where rental prices provide great value for money. Melbourne’s median rent right now sits at