News

The Reserve bank has kept interest rates at their record low of 2 per cent this month, but experts say there are more cuts coming later this year.

While the economy has slowed and commodity prices have dropped sharply, the housing industry has been the one shining light for the Government.

Ugly homeowners be warned! There’s an anonymous Instagram identity stalking the streets of Melbourne, looking to publicise the city’s ugliest homes for a laugh on @uglymelbournehouses.

The big four banks might have to raise $18 billion of new capital as the Australian Prudential Regulation Authority continues to look at implementing recommendations from the financial system inquiry.

As of today, Bankwest will apply new lending criteria for those seeking investment loans that will require applicants to have a deposit of at least 20 per cent.