The Worst Of Mortgage Pain Is Yet To Come
On the face of it, there’s nothing in higher-than-expected inflation data that should halt the rally that has helped the ASX 200 leap 7.5 per cent since the start of the year.
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How Wealthy Are You Compared With Others
Income and assets Who counts as rich? ABS data holds the answer.
At what point does someone earn so much money, they can be described as rich? It’s one of the perennial debates in Australian politics
The 30 Minute Chat That Could Save You
Refinancing Lucy Dean outlines exactly what you need to do to get a better mortgage rate. Australian borrowers are refinancing at record rates as mortgage repayments race higher, pushing homeowners to the brink
Housing Slump From US To China Adds risks To Global Economy
Shaky property markets across much of the world pose another risk to the global economy as higher interest rates erode household finances and threaten to exacerbate falling prices.
APRA Ready If Home Loans Choked
Australian Prudential Regulation Authority chairman John Lonsdale says he is open to changing bank rules on home loans if the economy deteriorates to ensure banks do not ‘‘choke off’’ credit and make the fall in house prices worse.
Housing Slump From China To US Poses A Growth Risk
Property Talk about prices hitting bottom may be optimistic. Predictions that the housing market will soon bottom out are premature because the worst effects of higher interest rates are yet to come.