• 22/09/2020

Category: Articles

Fees fall for households, businesses bear the brunt

Clancy Yeates | SMH | June 22, 2012 http://www.smh.com.au/money/borrowing/fees-fall-for-households-businesses-bear-the-brunt-20120622-20rws.html Households have spent less on bank fees for the second year in a row, after Canberra’s ban on exit fees helped slice $157 million from banks’…

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Mortgage Brokers expelled from MFAA double in 2011-2012

Tim Allerton | MFAA | June 20, 2012 http://www.mfaa.com.au/default.asp?artid=2778 The numbers of mortgage brokers expelled from the Mortgage & Finance Association of Australia (MFAA) has doubled from four to eight during the 2011/2012 financial year.…

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Home lender to dip into savings

Karina Barrymore | Herald Sun | 25 May, 2012 http://www.news.com.au/money/banking/home-lender-to-dip-into-savings/story-e6frfmcr-1226366600908 Mortgage lender RAMS now has a foot in both sides of the money business after launching an online savings account. The home loan specialist, owned…

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Warning for bank on mortgage credit rules

Scott Murdoch | The Australian | 23 May, 2012 http://www.theaustralian.com.au/business/financial-services/warning-for-bank-on-mortgage-credit-rules/story-fn91wd6x-1226363910096 The big Australian banks have been warned not to relax their mortgage credit standards to offset the flat lending growth that has emerged across the…

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Housing a worry but economy booming

Peter Martin | Domain | 23 May, 2012 http://news.domain.com.au/domain/real-estate-news/housing-a-worry-but-economy-booming-20120523-1z422.html Real estate prices are under threat from the high Australian dollar, along with confidence and jobs, but the Organisation for Economic Co-operation and Development says Australia…

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Interest rates to fall as inflation pulls up weak

Paul Syvret | The Courier-Mail | April 25, 2012 http://www.news.com.au/business/interest-rates-to-fall-as-inflation-pulls-up-weak/story-e6frfm1i-1226337525688 Expect a cut in official interest rates next week of at least 0.25 per cent. That result from Tuesday’s Reserve Bank meeting would now appear…

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Alarm as taxman takes interest

Simon Johanson | The Age | April 25, 2012 http://www.theage.com.au/business/property/alarm-as-taxman-takes-interest-20120424-1xjbv.html A new tax ruling sounds a warning to some of Australia’s 1.5 million property investors and may cost them thousands of dollars in tax breaks,…

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Banks forced to change message

Natasha Bita | The Australian | April 25, 2012 http://www.theaustralian.com.au/business/banks-forced-to-change-message/story-e6frg8zx-1226337501682 The corporate regulator has stopped two of Australia’s biggest banks bombarding customers with credit card offers, in the lead-up to a credit crackdown from July…

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ANZ’s interest rate decision was based on facts

Phil Chronican | Chief Executive ANZ | April 23, 2012 http://www.smh.com.au/business/anzs-interest-rate-decision-was-based-on-facts-20120422-1xewa.html ANZ’s decision to set variable interest rates for mortgage and small business lending on a monthly basis has sparked much debate in recent months.…

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Super place for a home

Carolyn Cummins | SHM | March 24, 2012 http://www.smh.com.au/business/super-place-for-a-home-20120323-1vp73.html Strata developers are now focusing on the residential market, with the aim of preparing properties that will be attractive to the self-managed superannuation fund (SMSF) sector.…

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