• March 31, 2020

Category: Interest Rates

Why your credit score changed on July 1

Why your credit score changed on July 1

David Ross| Domain | 27 June 2019 https://www.domain.com.au/money-markets/why-your-credit-score-is-going-to-change-on-july-1-852970/ Lenders are set to learn a lot more about borrowers from July 1, with banks required to share more data on applicants than ever before. The full…

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How banks made their case on credit, culture in Hong Kong

How banks made their case on credit, culture in Hong Kong

Chanticleer| Australian Financial Review| 28 March 2019 https://www.afr.com/chanticleer/how-banks-made-their-case-on-credit-culture-in-hong-kong-20190328-p518nk Hong Kong | There’s nothing like a trip overseas to remind you of Australia’s place on the world stage. But at the Credit Suisse Asian Investment Conference…

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Sam and the honest broker: why Commissioner Hayne wants mortgage brokers to charge fees

Sam and the honest broker: why Commissioner Hayne wants mortgage brokers to charge fees

Kevin Davis| The Conversation| 25 March 2019 https://theconversation.com/sam-and-the-honest-broker-why-commissioner-hayne-wants-mortgage-brokers-to-charge-fees-114071 The Royal Commission recommendation that mortgage broker commissions, currently paid by lenders, should be replaced by up-front fees paid by borrowers, has been controversial to say the…

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‘A bird in the hand’: Vendors increasingly open to pre-auction sales

‘A bird in the hand’: Vendors increasingly open to pre-auction sales

Cait Kelly| 27 March 2019| The New Daily https://thenewdaily.com.au/money/property/2019/03/27/property-sold-before-auction/ As property prices continue to fall across the country, houses and apartments are increasingly being sold before auction, industry figures say. Nervous vendors are being met…

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Reserve Bank leaves interest rates on hold at 1.5pc, many analysts don’t expect a rise until 2020

Reserve Bank leaves interest rates on hold at 1.5pc, many analysts don’t expect a rise until 2020

Michael Janda| ABC Online| 4 December 2018 The Reserve Bank has left official interest rates on hold at a record low 1.5 per cent for the 26th consecutive RBA board meeting. Key points: Interest rates…

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What ‘out of cycle’ rate hikes mean for you

What ‘out of cycle’ rate hikes mean for you

Isabelle Lane| The New Daily| 7 August 2018 https://thenewdaily.com.au/money/property/2018/08/07/out-of-cycle-rate-hikes-predicted/ The big four banks are expected to raise mortgage rates despite the Reserve Bank decision to keep the official cash rate steady. The RBA announced on Tuesday the official…

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