Mike Bruce| The New Daily| 15 October https://thenewdaily.com.au/money/your-budget/2019/10/15/how-much-you-can-save-switching-loans/ Switching a mortgage from one of the big four banks to the lowest rate on the market will save almost $85,000 over the life of a $400,000 loan, figures reveal. As the big four banks face more pressure over their refusal to pass on interest rate cuts […]
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Peter Martin| The Conversation| 1 October 2019 https://theconversation.com/0-75-is-a-record-low-but-dont-think-for-a-second-the-reserve-bank-has-finished-cutting-the-cash-rate-124499 Anyone who thought that with the Reserve Bank’s cash rate now close to zero, its run of interest rate cuts was over, needs only to read the last sentence of Governor Philip Lowe’s announcement after Tuesday’s cut: The Board will continue to monitor developments, including in the […]
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Mark Humphrey-Jenner| The Conversation| 14 October 2019 https://theconversation.com/four-questions-about-mortgages-the-accc-inquiry-should-put-to-the-big-four-banks-125224 The Australian Competition and Consumer Commission conducted an inquiry into mortgage pricing as recently as last year. Now Treasurer Josh Frydenberg has asked it to do another, broader one, in order to ensure the banks’ pricing practices are “better understood”, and perhaps also to concentrate their minds […]
[...]Phillip Coorey| Australian Financial Review| 14 October 2019 https://www.afr.com/politics/federal/big-banks-face-new-accc-pricing-probe-20191013-p5307r Treasurer Josh Frydenberg has charged the consumer watchdog with investigating the refusal of the banks to pass on in full the recent spate of interest rate cuts, creating the potential for a further round of government intervention. After his calls for the banks to pass on […]
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Tens of thousands of aspiring homeowners are likely to miss out on a new government scheme that would allow them to purchase a home with a 5 per cent deposit. The new First Home Loan Deposit Scheme, should help first home buyers enter the property market sooner, by providing 10,000 eligible Australians per year access […]
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Anil Puri │ Director, Chan & Naylor Business Coaching [Link to the Time Log template] If you are like a lot of our clients, then lack of time can be a real issue for you. It’s easy to have a plan for the day and then end the day wondering where all of the time […]
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