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Category Archives: Investment
NAB Fee cuts – there’s more to it
National Australia Bank’s recent fee cuts have received much positive media attention yet the moves mask a deeper strategy by the bank to access cheaper funding lines.The media has generally portrayed the move as having the aim of keeping existing … Continue reading
ASIC releases financial hardship report
ASIC, in conjunction with Consumer Affairs Victoria (CAV), has released a report examining how lenders and mortgage brokers respond to borrowers experiencing financial difficulties. The report, Helping home borrowers in financial hardship (REP 152), found that while some lenders are … Continue reading
Australia’s 1st negative growth in 8 years
This note compiled by Lisa Bennett of AMP Capital looks at the latest GDP data released in Australia. The key points are: The Australian economy finally succumbed to the global downturn in the December quarter with GDP falling 0.5%. We … Continue reading