Tag Archives: interest rate

Bank Fees & Charges: ANZ’s plus 11 other Australia’s Banks dirty little secret

Bank Customers sue 12 Australian Banks en masse on fees and charges
Behind Australia’s Banks’ Record profits there is a swindle going on. Stealing cents to $60 everyday from people, young and old using bank fees and charges. But are they legal. Its a tidy little earner when you have millions of accounts to milk.

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Interest rates to stay low for months

Australian homeowners blessed with a Goldilocks economy: not too hot for rates to rise, and not too cold to cause unemployment to be a concern.
Over time the direction for mortgage interest rates seems higher, as low unemployment may drive inflation higher in 2011 to 2012.

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RBA interest rates hike could pin back Gillard’s lead

Mortgage interest rates are never far from voters minds, and especially at election time. Mortgage interest rates may go up during the election and that may affect the outcome, as homeowners feel mortgage stress even with low mortgage rates that we now enjoy. So hearing outright lies about one or the other being the holder [...]

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Interest rates are too high to attract home byers

Interest Rates : Where did the RBA get it wrong?

When the RBA lifted interest rates in November last year I said at the time that it was one rate rise too many. The RBA was at the time focused more on getting Interest rates to “normal levels”, when we are not in normal times Since then many people have agreed with me, including members [...]

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