Corporate Affairs

Chalk ‘n cheese situation in comparison to Christmas Today is an important occasion for many Australian mortgage holders and potential property borrowers. It is the beginning of the fifth month in which the country’s cash rate will remain steady. This is certainly not the case in the mortgage market, where lenders are clambering over each other to grab consumers’ attention with interest rate...

The federal government’s announcement on 25 March that home loan exit fees are banned from July 1 onwards is causing confusion with a number of borrowers who are trying to decide whether to switch now or later. Many are unsure whether it will be more beneficial for them to wait until this expiration date passes before committing to a new loan, says Australia’s largest independently-owned mortgage...