Home-loan market in decline
Home Loans, 04 Jul :: ONE of the nation's leading mortgage brokers has warned of a marked slowdown in the demand for home-loan packages, following two quarters of negative growth, while the average size of a mortgage has increased by 7... read more Role for super in housing – ACTU
Superannuation, 04 Jul :: Superannuation funds need to be involved in solving Australia’s chronic housing shortage, according to ACTU president Sharan Burrow... read more Banks squeeze small businesses as credit crunch takes hold
Finance, 04 Jul :: SMALL- and medium-sized companies are being squeezed by the banks, with interest rates on their loans being raised by even more than the amounts added to home loans as a result of the global credit crunch... read more Don't duck cover
Insurance, 04 Jul :: Member interest in superannuation is low but interest in life insurance is even lower, with funds puzzling over why this is the case and how to address it... read more Parental supervision required
Investment, 04 Jul :: Pity the poor "mum and dad" shareholders, those conservative investors who acquired their holdings in some of the big floats and privatisations of the 1990s and have held onto their shares resolutely since... read more Westpac fault ends in payment chaos
Finance, 04 Jul :: TENS of thousands of people across the country missed out on their weekly pay, were overpaid, or had direct debit payments taken out twice yesterday after a computer malfunction at the Westpac Bank affected $1 billion in transactions... read more Govt to review financial sector levies
Financial Planning, 04 Jul :: The Australian financial services industry will pay more in levies to be regulated in the new financial year with the Government having announced increases in the Financial Sector Levy Rates... read more ASIC bans Victorian adviser
Financial Planning, 04 Jul :: The Australian Securities and Investments Commission (ASIC) has permanently banned a former Melbourne financial adviser from providing financial services, it announced today... read more US falls spook market into $29 billion sell-off
Sharemarket, 04 Jul :: FEARFUL investors shred $29 billion off the value of Australian shares during a feverish sell-off. The market got its first jolt of fear on the news that a late sell-off in US stocks had sliced 1... read more |