Posts tagged "home loans"

Up is entering the home loans space and helping entire generations of young people work towards owning a home, but in a language they understand.

The RBA, in a nod to homeowners concerned about continual rate hikes, said it expected inflation to climb just a bit more before declining back towards its target next year.

The Reserve Bank of Australia has increased the cash rate by 50 basis points, bringing it up to 85 basis points or 0.85%.

The new Unloan product unveiled by chief Matt Comyn this week is part of the CBA defence of its $450 billion loan book against fintechs, and in the process gives the bank more control over its business.

The Reserve Bank of Australia will lift its cash rate target by 25 basis points to 0.35%, marking its first rate hike in more than a decade.

It’s important to show that no matter how comfortable you are, the bank system is set up to punish business owners at every turn.

In July 2020, the number of home loans provided to first-home buyers exceeded 10,000 for the first time in 10 years. But this trend will be short term.

Prominent Australian chef and business owner Julie Goodwin had to find a way to pay her employees during April in order to qualify for the JobKeeper wage subsidies.

The big banks are copping a hiding from the Treasurer this morning and small businesses, seeing an opportunity, are cashing in.

Westpac has admitted to contravening consumer credit protection laws in relation to around 10,500 home loans.

Wonga has gone into administration as a result of government regulation to reform the payday loans sector in favour of the consumer.

Vicky Comino, The University of Queensland

Many entrenched motivations for misconduct in the banking sector have been uncovered by the on…