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Westpac is warning of interest rate rises and a big drop in property prices.
BANKS
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Where would property prices be if they rise a little further and then fall slightly over the next couple of years, as economists expect?
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One of Australia's biggest banks predicts property prices will fall around 10 per cent in 2023 as looming interest rate hikes threaten to take the steam out of …
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Fixed home loan rates are continuing to climb, with NAB the latest Big Four bank to hike.
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Home buyers may not face more lending restrictions this year with top bank economists saying the regulator will likely sit tight.
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Economists at a major Australian bank have slashed their economic growth forecast for the March quarter to zero due to the impact of Omicron on activity.
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Macquarie Bank has become a case study for the profitability of green investing, after it overtook Westpac to become Australia’s third-largest bank.
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UK-based bank Barclays has received approval from Australia’s prudential regulator (APRA) to operate as a foreign bank in the country.
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CBA’s head of Australian economics has made a bold prediction for the future, claiming the market is “in the twilight of an incredible boom.”
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ANZ has set a date for when we can expect property prices to “roll over” but there’s a major catch for aspiring homeowners.
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The Commonwealth Bank will keep a close eye on the strength in the housing market, and will change its lending practices if needed.
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Big four lender Westpac has announced another eye-watering financial blow, with the bank set to take a $1.3bn hit in its upcoming financial results.
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Join Steve Douglas as he discusses:
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Join Steve Douglas, Executive Chair and Julie Kelley, Sales & Marketing Manager as they answer your burning questions during the 'Australian Residency and Tax Changes & Implications To Expats' webinar.
You can also book a FREE 20 minute tax consult by emailing smats@smat…
Hidden away in the back of the Australian Budget and unmentioned in the Treasurers speech, was a simple statement confirming that:
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We trust this seminar gives you a clearer understanding of the Australian Budget Announcements including:
• How Covid19 has impacted the Australian Government’s federal finances
• Measures the Government intends to undertake to reinvigorate the Australian economy
• Latest taxatio…
Australian property prices look to be on a rocketing path, with first home buyers, low-interest rates and FOMO (fear of missing out) fueling the demand for the start of 2021.
However, with stimulus packages coming to an end, and international borders remaining closed, can this ex…
For anyone considering Australia as a future place of residence planning your taxation affairs is a critical element of the migration process.
The Australian taxation system is extremely complex and taxes residents worldwide income.
Thankfully, legal and sensible tax …
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