Many foreign banks are expected to continue to exit the lending market, forcing businesses and corporate borrowers to refinance with big Australian banks. Westp.....
CreditMart recently undertook some analysis around interest rates on reward program credit card offers and found that the average interest rate on these cards was 1.....
Not all credit cards are created equally. And so it makes it that much harder to decide which credit card offer to choose. There are many factors you sh.....
House prices fell 0.3 per cent in the June quarter, and gained 8.2 per cent in the year to June according to the Bureau of Statistics. Sydney prices gained 0.3 per cent in the 3 months to June 30 and 4.4 per cent for the 12 months, still well below the peak of the market in 2004. Perth home prices fell sharply by 2.4 per cent in the June quarter and were down 0.9 per cent for the year to June. The average new home loan was now four times average earnings, up from two times earnings in the 1980's said Morgan Stanley. ANZ job ads are down for third month in a row for the first time since 2001. Families with a $200,000 mortgage could save $35 a month if rates fell by 0.25 percentage points, research group Infochoice said.
