It’s a sticky decision for Treasurer Jim Chalmers given his government has been waging a war on the dominant players in concentrated industries.
The Australian Competition Tribunal has overturned the competition watchdog’s decision not to allow ANZ’s proposed acquisition of Suncorp’s banking arm.
The bosses of Westpac and Bendigo and Adelaide Bank say late payments on home loans have ticked up,but that an easing in interest rates,which looks likely to happen this year,would support economic growth.
If you’re languishing under high mortgage repayments,there are a number of steps you can take to get back on track.
Tax cuts could stall the rate relief that I and so many others sorely need.
The outlook for home buyers this year is grimmer than usual,but mortgage brokers say knowing how the system works can give some home owner-hopefuls a leg up.
Mortgage affordability is at its worst since 1990 as house prices rise further out of reach – and the fallout may be wide-ranging.
After an outbreak of fierce competition in the $2.1 trillion mortgage market,analysts are pointing to signs big banks are no longer offering home loan rates that are near the cheapest available.
Any parent would want to make sure their children can buy a home,but the scale of wealth transfer last year surprised even our best economic minds.
Australians continued to enter into the home loan market last year,even as interest rates and house prices increased,but household spending may be weaker than what the data suggests.
Americans can lock in their mortgage rates for decades,but,surprisingly,that’s not necessarily as good as it sounds.