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home loan

Startling proof Australia is totally stuffed

Just about everywhere you look, there are worsening signs that Australia is no longer the lucky country.From record-high rents to skyrocketing mortgages, a cost-of-living crisis to the alarming emergence of a ‘working poor’ population, the…

Final big bank announces hike

Commonwealth Bank has raised interest rates following other big four banks following the Reserve Bank’s latest hike. CBA lifted its variable home loan rates by 0.25 per cent, in a move that’s matched Westpac, ANZ, and NAB. Westpac and the…

‘Decimated’: Aussie film business screwed

An Australian film business which has worked with Hollywood heavyweights said it had been “decimated” due to changes to government funding.Louise Schultze started Melbourne-based Australian Production House in 2016 after her son took up…

Bank’s huge home loan move

NAB is the latest bank to announce that it will decrease its fixed home loan rates after the Reserve Bank paused interest rate rises for the first time in months. The bank’s three-year fixed terms will experience the highest cuts with…

Family’s nightmare $17k interest rate mistake

A Brisbane family have been locked in a “ridiculous” battle with their bank over a major interest rate mistake, which had cost them more than $17,000.Andrew Ferguson and his wife Belinda purchased and renovated their dream four-bedroom home…

Major bank makes big call on interest rates

Westpac has made a surprise call on interest rates – lowering its forecast that the cash rate will be hiked as high as 4.1 per cent.Instead, the major bank has predicted interest rates will peak at 3.85 per cent and that the Reserve Bank of…