In this episode, they discuss drops in fixed rates ahead of the official cash rate decision tomorrow, the factors that may impact the RBA’s decision, the state of the property market, and appointment changes in the banking sector.
This week they discuss...
- New appointments at the banks and associations
- A contraction in a major bank’s mortgage portfolio
- A merger between two small lenders
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Economists predict a bottom to the property market slump
How the mortgage sector will be impacted by the federal election
A new First Home Loan Deposit Scheme
Major bank profits take a hit