There are currently numerous changes coming through at the moment, mostly surrounding investment loans. These changes are predominantly a result of the restrictions that APRA are currently imposing on the lending institutions around investment lending to try curb this type of lending. Overview of key changes ANZ Effective 10 August 2015, ANZ is changing its [...]
If so, you're probably not the only one. New research has found that 9 out of 10 Australians harbour some kind of fear when it comes to their finances. A joint initiative of ANZ and Pacific Magazines, the Australia's Money Confidence Survey 2013 obtained data from 11,957 Australians to assess their confidence around personal finances. [...]
Home buyers and investors alike could snag themselves a bargain this spring, with early forecasts flagging suppressed property prices and lower mortgage rates over coming months. For the third consecutive month, the Reserve Bank of Australia’s (RBA's) Board decided to leave the official cash rate unchanged at 3.50% at its September meeting. Reserve Bank Governor [...]
As we head into autumn, the outlook for the Australian economy appears to be reasonably favourable. [frame_right][/frame_right]But let’s not kid ourselves: while the domestic economy seems to be weathering global volatility quite well, we’re not out of the woods yet. The "GFC 2" may no longer be imminent, but a majority of economic commentators expect [...]
