Latest Australian Finance News from Money-Au.com.au
- Latest Finance News
- Featured News Articles
- Personal Finance Hints and Tips
- Some Credit Card Lenders Actually Increasing Interest Rates
- No More No Deposit Home Loans
- Macquarie Reports 43% Profits Drop. Stock Still Rockets
- St George Chief to Step Down
- Fortescue Denies Sovereign Wealth Fund Stake Sale
- Santander To Issue Kangaroo Bonds
- Foreign Banks May Withdraw From Aussie Corporate Loan Market
- Aussie Inter-Bank Lending Easing Up
- NAB Cuts 350 Jobs at its UK Unit. Banking Industry Fears More Cuts at Home
- ANZ May Cut Up To 3500 Jobs Before Christmas
- No More No Deposit Home Loans
No deposit home loans for now are going to be a thing of the past, or at the very least it will become increasingly difficult for prospective home to secure funding on a no deposit basis, if not outright impossible. - Foreign Banks May Withdraw From Aussie Corporate Loan Market
Foreign banks with Australian operations are considering abandoning the domestic loan market altogether. Such a move would mean that Australian borrowers would be pushed into tight corners facing serious funding pressures. - No Huge Savings in Switching to a Variable Rate Home Loan
One could be forgiven for looking at declining interest rates, and feeling a little buyers remorse if you recently took out an Australian mortgage and opted to pay a fixed interest rate. Switching from a fixed to variable interest rate could save mortgage holders several thousand dollars a year. But if you have recently taken out a home loan and chose to pay a fixed rate, then exiting the agreement is simply cost prohibitive. - Read more featured finance news articles
- How to find the right Credit Card for you
- Rise and rise of zero-interest credit cards
- What is the credit crunch?
- Smart cards - the credit card for the 21st century
- The rise of the debit card
- Aussies 'turning cents into dollars with savings'
- The changing shape of home loans
- Exit fees hit thousands of Aussies
- Exploring the home insurance industry
- Cashing in on raising rates
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