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Major banks to face parliamentary scrutiny over pricing
Following their appearance last year before the House of Representatives standing committee on economics, major banks will next month return to face further scrutiny over ...
ECONOMY • Wed, 01 Feb 2017
Mortgage default not yet a ‘big issue’, says economist
A chief economist has said that home loan rates would have to rise by at least two percentage points before it starts to become “a big issue” for mortgage holders.
ECONOMY • Tue, 31 Jan 2017
Australia’s housing markets ‘severely unaffordable’
All of Australia’s five major housing markets have been classed as "severely unaffordable" by a recent report, with Sydney ranked as the second least affordable in the ...
Post-Christmas debt tipped to hit $397m
Over 3 million Australians are set to fork out $397 million in interest payments as they face a ‘debt hangover’ following the festive period.
ECONOMY • Mon, 30 Jan 2017
Banks commit to further industry reforms
Building on last year’s reforms to address concerns with their culture, Australian banks have announced a series of new initiatives including improved protections for ...
APRA tipped to move on investors in May
A chief economist believes that further measures to curb investor lending could be only months away.
REGULATION • Sun, 29 Jan 2017
Melbourne median breaks $750k mark
The median house price in Victoria's capital has surged to more than $750,000 for the first time, recent data shows.
ECONOMY • Sun, 29 Jan 2017
Stamp duty review ‘necessary immediately’: REINSW
The Real Estate Institute of New South Wales insists that a review of stamp duty should be the newly appointed Premier’s first point of business.
ECONOMY • Thu, 26 Jan 2017
Capital cities finish 2016 ‘on front foot’
Most of the country’s capital cities posted their best quarterly results of the year at the end of 2016, according to the latest figures released by Domain.
LENDER • Tue, 24 Jan 2017
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