February 2, 2016
ACCC cracking down on comparison websites
The ACCC is set to crack down on comparison websites for loans, credit cards, insurance, flights and utilities.
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February 2, 2016
Average house in metro Australia is $600,000
The average home in metropolitan Australia now costs buyers $600,000, after a yearly rise of 13 per cent.
February 2, 2016
ACTU to push for minimum wage increase to help first-home buyers
In a bid to help first-home buyers be able to afford to buy a home, the ACTU will make a submission this week to the Fair Work Commission, aiming for an increase to the minimum wage.
February 2, 2016
Economists divided over future interest rate cuts
The Australian dollar rose, albeit briefly, to a four-month high off the back of this week’s RBA announcement of no change to interest rates.
February 2, 2016
Should financial literacy be taught in schools?
Lending newcomer Yellow Brick Road has urged the government to teach financial literacy in schools.
February 2, 2016
Interest rate rises could actually stimulate borrower activity
Some mortgage brokers believe if the next move in interest rates is upward, it may actually lead to more business for them.
February 2, 2016
Troubled times for inner city apartments for both Melbourne and Sydney
Inner city apartments in Melbourne are suffering from a glut of oversupply. Analysts are concerned that prices in these CBD dwellings could fall as a result.
February 2, 2016
Controlling the Process
The other day, while doing some analysis on the loans lodged over the past year and looking at the timeframes and where delays have occurred, I was struck by the number of stages that a loan application needs to go through before settlement and the number of people that the file depends on to go smoothly.
February 2, 2016
Home loan advantages for medical professionals
Some banks are offering recently graduated medical professionals and doctors home loans with a loan to value ratio (LVR) of 90 per cent.
February 2, 2016
New home building may lead economic growth
The Housing Institute of Australia (HIA) has said it might be the housing sector that stimulates the country’s next round of growth.