Australia’s sixth largest lender, Suncorp, is lifting its variable rates for the second time in less than six months.
Georgie Hay/author/undefinedAug 31, 2018( 2 min read )
Variable rate customers who have their mortgage with Westpac and some of their subsidiaries will be forking out an average of $35 extra per month and $420 per year, after the bank hiked rates by 14 basis points.
Georgie Hay/author/undefinedAug 29, 2018( 2 min read )
Australia’s seventh largest lender Bendigo Bank has become the latest home loan provider to hike rates out of cycle by up to 16 basis points.
Georgie Hay/author/undefinedJul 13, 2018( 2 min read )
Australians are turning to non-bank lenders in increasing numbers as banks tighten their lending criteria, according to the ABS housing finance figures released today.
Georgie Hay/author/undefinedJul 11, 2018( 2 min read )
ASIC’s proposed credit card reforms are another step towards better regulation around credit cards but more work is needed for Australians to step off the credit card debt treadmill.
Georgie Hay/author/undefinedJul 4, 2018( 3 min read )
The RBA is almost certain to leave official interest rates on hold when it meets next Tuesday, but that hasn’t stopped lenders hiking rates out-of-cycle.
Georgie Hay/author/undefinedJun 28, 2018( 3 min read )
Major banks have charged customers an eye-watering $4.5 billion dollars in bank fees an increase of $133 million on the previous year, according to latest figures released from the Reserve Bank of Australia.
Georgie Hay/author/undefinedJun 22, 2018( 2 min read )
Georgie Hay/author/undefinedJun 12, 2018( 2 min read )
Georgie Hay/author/undefinedMay 31, 2018( 2 min read )