Business
Westpac first to lift rates after RBA dumps yield target – The Australian Financial Review
Westpac has hiked its fixed mortgage rates for a second time in three weeks making it the first major bank to increase home loan…
Three-year fixed-rate mortgages are heavily tied to market rates of that term because banks either borrow or hedge interest rate risk at those market-determined rates. The sharp rise in yields mean banks must lift fixed rates for new borrowers to maintain…
Continue Reading
-
General23 hours agoAustralian celebrity chef Peter Russell-Clarke dies aged 89
-
General24 hours agoLithium mine closure shines light on Ravensthorpe community’s resilience
-
Noosa News23 hours agoWoman airlifted to Brisbane hospital after big cat mauling at south-east Queensland zoo near Toowoomba
-
Noosa News18 hours agoRocky waters ahead for Brisbane 2032’s Olympic rowing plan