Post Tagged with: "interest rates"
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Reserve Bank Expected to Maintain Interbank Rate Today
Alex Moffatt from Joseph Palmer & Sons (VIC) shares his latest update “The Reserve Bank is expected to maintain the interbank rate at 1.5% today. The interbank rate is just […]
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The Property Party is Over as Our Biggest Bank Curbs Lending
Australia’s housing-market extravaganza is over. That’s the call the nation’s biggest mortgage-lender is making when it comes to its own money. In the past year, the Commonwealth Bank has reduced its exposure […]
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Is Finance Harder to Obtain Now?
This year, we have seen banks dramatically change their criteria for lending. The Australian Prudential Regulation Authority (APRA) has advised all lenders to tighten their criteria surrounding Interest-Only Loans on […]