Home loan fact: Last year Wespac snared approaching 30% of all home loan mortgages in Australia. That’s an outstanding volume by any measure. And now it wants to profit on that “in the bank” business .

Continue reading about Home Loans shock! A premium priced home loan from a savvy bank!

Rick Adlam on August 14th, 2009

The deposit guarantee enjoyed by Australia’s banks for their customers deposits may be ending soon if recent comments by  Reserve Bank Of Australia’s Governor Glenn Stevens are heeded.
Australia’s mortgage home loan finance costs were probably lowered as a result of the Government guarantee, and desposit customers concerned about any banks strength would have otherwise fled [...]

Continue reading about Australia’s Banks to stand on their own strengths

It is beginning to look like Australia will dodge the recession bullet. Australians’ confidence in the future have risen its best level in nearly two years, as home buyers and homeowners grew more optimistic about an early economic recovery. A predicted slide in house values hasn’t happened, and in many parts of the economy its business as usual.

Continue reading about Home buyers and homeowners confidence highest in 2 years

Many Australians feel worse off than a year ago with some planning on switching votes to Kevin Rudd.
Voters intend to punish the Government for recent interest rate rises in this year’s federal election, according to a News survey that reveals the mounting debt crisis facing many Australians.
One in five of the respondents who voted Coalition [...]

Continue reading about Home loan debts makes Middle class turn against John Howard as mortgage stress bites the ‘belt.