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 .
The Federal Government’s attempt to blame the states for home mortgage interest rate pressures is complete nonsense and smacks of political desperation, the NSW Government says.
NSW Treasurer Michael Costa hit back at suggestions the state governments were increasing home loan interest rate pressures through heavy borrowing for infrastructure projects.
The Howard Government is bracing itself for a ninth [...]
