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Mortgage Sales Articles

Swan puts weight behind rates rise

TREASURER Wayne Swan has effectively conceded the case for an increase in interest rates in advance of today's Reserve Bank meeting.

Abbott's thin tissue of lies

When I run out of toilet paper, I go to the shop and buy more. Not so, it seems, for Queensland's incorrigible Senator Barnaby Joyce. He considers pages torn from Productivity Commission reports a suitable alternative. Does he scrunch or fold, I wonder?

Centro extends loans again to stay afloat

TWO years and two days after its spectacular implosion sent the Australian property market into a meltdown, Centro Properties and its satellite Centro Retail have negotiated another round of loan extensions worth $370 million.

Westpac chief stands by mortgage rise

WESTPAC chief executive Gail Kelly has defended the bank's supercharged mortgage rate rise, saying that pressure to increase prices across all forms of lending will remain while global credit markets are ravaged by the financial crisis.

Christmas tills ready to jingle

Retailers predict improved festive period as consumer confidence bounces back, writes Jan McCAllum.