January 21, 2016
RBA’s ‘shadow board’ says interest rates are appropriate
The Reserve Bank has no need to cut interest rates tomorrow according to the Australian National University.
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January 21, 2016
Rates kept on hold on Cup day but low inflation keeps the door open for more cuts
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.
January 21, 2016
Banks have understated investor loans says RBA deputy governor
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.
January 21, 2016
Lending to property investors has fallen for September
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.
January 21, 2016
Small lenders to snaffle bigger market share as rate gap with major banks increases
The gap between home loan interest rates being offered by the major banks and the rest has effectively doubled according to comparison website Mozo.
January 21, 2016
Melbourne’s tradies among the cheapest in Australia
If you’ve bought a doer-upper or want to improve your existing home in Melbourne there’s good news, a new report says the state has the cheapest tradies in Australia.
January 21, 2016
Mortgage brokers to face ASIC spotlight
The Australian Securities and Investment Commission is planning to review mortgage brokers on interest-only lending processes.
January 21, 2016
Peer-to-peer lending looks destined to spread into residential mortgage market
A global peer-to-peer (P2P) lender says the practice will one day move into residential mortgages in Australia.
January 21, 2016
Melbourne locked and loaded for super Saturday
Melbourne is loading up for a super Saturday of auctions this weekend.
January 21, 2016
Melbourne’s property market stands up to super Saturday’s auction test
With a record number of properties up for auction on the weekend it was a real test of the strength of the Melbourne property market – and it came through okay.