Canstar News - January 15th National Australia Bank’s UBank hikes home loan interest rates The National Australia Bank-owned lender raised rates on some of its investor interest-only fixed home loans by 0.20 percentage points on Monday. UBank says the changes only affect new customers and not existing ones. The changes are …
Canstar News - January 14th ASX 200 weekly wrap: ANZ, Westpac, NAB rise The local share market closed higher for four straight sessions last week, with the benchmark S&P/ASX 200 and the broader All Ordinaries index each finishing almost 3% firmer. Leading sector gains were health care, energy and …
Canstar News - January 10th Productivity Commission says Aussies could save $3.8 billion a year in super The commission’s final report into the nation’s $2.7 trillion superannuation sector has made 31 recommendations to shake up the industry. One of its core proposals is an annual outcome tests for APRA-regulated funds as a way …
Canstar News - January 8th Bank of Queensland set to lift home loan interest rates BOQ announced today that funding cost pressures and "intense" competition for term deposits were partly behind its decision to lift interest rates. The rates of more than 20 of the bank's home loan products will rise …
Canstar News - December 21st Australia’s top 10 suburbs tipped for growth in 2019 Founder of property research site Hotspotting.com.au Terry Ryder said he was concerned mainstream media was overstating the price declines in Sydney and Melbourne and that this could be hurting people's overall confidence in the real estate …
Canstar News - December 19th APRA will drop interest-only home loan restrictions In March 2017, the Australian Prudential Regulation Authority (APRA) limited the amount of interest-only mortgages that lenders could issue to 30% of new home loans. Today the regulator announced it will start to remove this restriction …
Canstar News - December 17th ASX 200 weekly wrap: Telstra, CBA, ANZ & Westpac lead falls The benchmark S&P/ASX 200 index and the broader All Ordinaries index each dropped about 1.4% to close at 5,602 points and 5,679 points, respectively. The financials and utilities sectors each shed more than 2%, while the two …
Car Insurance - December 12th Car insurance for modified vehicles Souping up your vehicle can be a fun way to personalise your car and improve its performance, however you may want to consider how modifications can change the price you pay for car insurance before forging …
Home Loans - December 10th Private lender home loans in Australia – what you need to know People typically turn to the private loan market because they are finding it hard to get finance from a traditional lender for reasons that can vary from having a bad credit history to being a highly-leveraged property …
Canstar News - November 30th Final week: NAB, ANZ, AMP & APRA face royal commission Co-author Ellie McLachlan Leaders from AMP, ANZ, National Australia Bank and the Australian Prudential Regulation Authority (APRA) took the stand at this week's public hearings in Sydney. Here is a breakdown of some of the evidence they gave: What does …
