Before we dive into things this month I just want to highlight a couple of great offers available at the moment; the first is a variable loan with an interest rate of 6.45%, the other is a […]
I know we’ve been going on about the ‘lending war’ quite a bit [ie. banks cutting variable rates to 6.75% & 3yr fixed rates from 6.29%] so we thought we’d turn our attention to the Adelaide property […]
There’s a battle going on out their in the finance world and it’s you they are after! This week the Commonwealth Bank vowed to beat the home loan rates of its rival majors for the duration of […]
If you have a home loan at the moment, it might just be the best time in 20 years to be looking for a better deal! There’s a price war going on as the major banks aggressively […]
Well it’s official. Despite last ditch efforts to overturn the ban, the government-proposed ban on exit fees for all residential home & investment loans came into force on July 1st. To recap, this ban outlaws the imposition […]
We’re almost at the midway point of 2011 so let’s take a look at where things are at in the world of property and finance… Property Market: The South Australia property market is flat at best, with […]
Australia’s housing market has slowed in recent months amid faltering auction clearance results, slumping new home loans and falling home prices. ABS figures for the March 2011 quarter show loan volumes dropped by 3% in Adelaide while […]
The government’s focus on ‘competition’ appears to have done little to help the non-banks. The latest data from the Australian Bureau of Statistics [ABS] showed the nation’s smaller lenders continue to lose ground on the majors. In […]
Last month we looked at the ‘bank stoush’ and concluded it amounted to nothing more than good old fashioned one-upmanship. As a consumer you could be mistaken for thinking the banks had experienced a change of heart […]
It appears that competition between the top four banks is at levels not seen for years. NAB began the battle with its ‘break-up’ campaign, targeting its rivals’ mortgage customers by announcing that they would pay the $700 […]