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Two of Australia’s biggest banks have slashed interest rates on a suite of home-loan products in what’s shaping up as the start of a lending war.
BANKS
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Property lenders say they have no intention of sitting on their hands as the sector emerges from the depths of the COVID-19 crisis.
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Westpac has revised its forecast to a more moderate 5 per cent decline, with prices then “bouncing” 15 per cent.
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Two major bank bosses have differing views on the outlook for the economy but agree on property's prospects.
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While banks are encouraging customers to begin paying back loans, many are simply not in a position to do so.
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A majority of the economists surveyed by Finder expected variable rates to rise before 2021 without any move by the Reserve Bank of Australia.
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Non-bank lenders are tightening the reins and have identified a range of property sectors where they will refuse provide to loans for developers and owners in c…
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One of ANZ Bank's most senior bankers says some borrowers who are unable to meet their mortgage payments will need to consider selling their properties in the c…
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Banks have eased the burden on families struggling amid the coronavirus-induced financial crisis by extending the home loan holiday by four months.
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If the Reserve Bank has nowhere left to go with interest rates, and printing money is only used in times of crisis, how can the RBA manage the economy in years …
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SMATS FX is proud to provide our weekly analysis of currency markets and exchange rates.
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Tougher lending standards imposed by the big banks since the banking royal commission have opened the door for non-bank lenders to grab a bigger slice of the ma…
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Join Steve Douglas as he discusses:
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- Australian property markets, driving factors and has it peaked?
- International markets review & forecast;
- Australian Dollar review & prediction;
- Interest rates…
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:
“The Government will replace the individual tax residency rules with a new framework that is easy to understand, provides certainty and reduces compl…
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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