#Finance #Economy #HeiseSays Westpac Hikes Interest Rates as the cheap money from the reserve bank comes to an end. References Westpac hikes two- and three-year rates https://au.finance.yahoo.com/news/westpac-hikes-interest-rates-230924695.html
ANZ expects to close more branches as demand for over the counter services declines. Is this foreshadowing a return of the retail recession?
Banks continue to raise home loan interested rates even as the RBA keeps rates on hold.
Banks Continue Hike Interest Rates
Quantitative Easing will continue until 2022 and the RBA will own 38% of Australian Government Securities. More than the FED in the US and approaching Japan.
Danske Bank has lowered the threshold to charge retail clients negative interest rates.
Fixing Australia’s Housing Affordability Crisis.
Warning signs for the future of Australia’s economy.
The Commonwealth Bank has increased the interest rate on their four years fixed-rate mortgage.
Inner-City Brisbane Greens, from an area with million-dollar houses, are trying to stop a development in another city that would provide affordable housing.