Home Loans & Mortgages

In the nineteen eigthies a local bank manager working out what I could afford to borrow divvied up my pay packet this way: “A third for the taxman, a third for me … and a third for you.” The rule-of-thumb that you can afford to devote about 30 per cent of your gross or pre-tax [...]

Kevin.Rudd’s increase of the first home owners grant is about shoring up jobs and the economy, and increasing home loan activity for buyers and sellers.

EXTRA rules imposed by local councils such as those on increased ceiling heights and noise protection can add as much as 14 per cent to home building costs.

Tenants that rent homes across Australia look set for a short-term reprieve from rising rental prices, with analysts expecting landlords to pass on the benefits of home loan interest rate cuts.

The St George Bank, a regional Australian home loan lender, has it hands full with industrial relations trouble on its moves to sack local workers and outsource the work to low cost overseas workers. The Finance Sector Union (FSU) have had a meeting with St George Bank management , after staff who are being made redundant refused to train [...]