Westpac
Westpac articles. Read the latest news, information and feature articles on Westpac
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Major banks favour June rate cut: guide to lowest fixed and variable mortgage rates
Three out of the four major banks expect the RBA to cut the cash rate to 2.75% in June, according to the latest Bloomberg survey of economists. Econo... Read More -
It’s looking like a very good time to buy property with a home loan: Mark Bouris
Large measurements such as inflation, employment and balance of trade are important indicators of economic wellbeing, but economies come down to house... Read More -
Borrowers should not be paying more than 6% on their home loan, RBA charts suggest
Any borrower stuck on a home loan rate in excess of 6% per annum is paying too much and should negotiate a better deal with their bank or considering ... Read More -
The fix is on for bank mortgage rates: should you take the deal?
Any home loan rate that has a 'four' in front of it is always going to attract a lot of interest. So says the Commonwealth Bank’s general m... Read More -
Bendigo and Adelaide Bank signals cheaper funding for new mortgages
Bendigo and Adelaide Bank has further signalled the likelihood of banks cutting their variable mortgage rates independently of the RBA with its interi... Read More -
Eddy Groves left homeless, bankrupt and owing millions
The former owner of ABC Learning Centres, Eddy Groves, is homeless, bankrupt and reportedly owes creditors more than $31 million. The remarkable decl... Read More -
Lend Lease profits up 38% but steep drop in Docklands apartment sales
Lend Lease has reported a steep drop in demand for apartments in its Victoria Harbour precinct in Melbourne’s Docklands, with interim results boosted ... Read More -
First-home buyer absence a blessing for investors
The absence of first-home buyers in NSW is becoming a major political and housing issue. But it presents a bonus for investors, given the likely lack... Read More -
Gradual, minimal house price appreciation in 2013
Making predictions pertaining to our residential property markets has been challenging since 2007 – however it appears that in 2013 that task won’t be... Read More -
St George cuts fixed rates, with three-year fixed at 5.29%
St George has cut its fixed home loan rates by between 10 and 15 basis points. For those who take out an advantage package loan, the bank cut its one... Read More -
Bank of Melbourne offers free property reports and investment tips but don’t expect a chat with Alan Kohler
After yourspot of shopping on Collins Street, why not pop into the Bank of Melbourne branch at the Paris end for a free valuation of your investment p... Read More -
Big four banks divided on likelihood of March RBA cash rate cut
Borrowers risk a headache and frustration if they expect consensus from the major banks about the direction of interest rates in 2013. Westpac chief ... Read More -
Mortgage war looms as smaller banks show they are more than willing home loan providers: APRA figures
A mortgage war between the four major banks and the smaller banks is looming as APRA figures show regional banks Bendigo Adelaide Bank and Suncorp al... Read More -
Big banks risk more unhappy customers by not passing on rate cuts in full: Roy Morgan
Mortgage holders' dissatisfaction with the major banks is likely to grow if the majors continue their policy of not passing on rate cuts in full,... Read More -
Unemployment rises to 5.4%: Seven insights for property investors and buyers
As the Commonwealth Bank’s chief economist Michael Blythe says, the RBA pays “a lot of attention” to the unemployment data – and so should property in... Read More -
RAMS waives application fee for new home loan borrowers
Mortgage lender RAMS is offering all its home loans until the end of January with no application fee at a time when it says many Australians are revie... Read More -
ATO data-matching targets property deals
Tax in 2013 is certain to be as lively as ever, probably more so with a federal election looming. The tax promises are sure to flow thick and fast. I... Read More -
HSBC’s Paul Bloxham the lone rider tipping interest rates to rise 2013
HSBC Australia chief economist Paul Bloxham has taken a lonely stand against theeconomists' cabalby tipping the cash rate to rise to 3.25% by yea... Read More -
The lowest mortgage rates from the big four banks
Last week, NAB adjusted its interest rate forecast from one cash rate cut in 2013 to three rate cuts over the course of the year, with the first one e... Read More -
Better year expected for retail property sector despite 'insipid' November ABS sales result
Retail sales rose only 0.1% in November, below expectations, but economists and retail property analysts are reasonably confident of a good year for r... Read More
