This week on Money Road the government discovers that unpopular taxes are unpopular. Banks learn the hard way that customers don’t like their money stolen and accountants get another lecture in ethical behaviour.
Hedge funds are betting against banks, lenders are trimming rates, economists are arguing about whether a recession exists and Australians are borrowing like tomorrow has been cancelled. Another perfectly normal week on Money Road
The economy is slowing, house prices are wobbling, mortgage rates are climbing, and banks are charging billions in fees. It’s been another exciting week on Money Road.
Westpac admonished, CBA builds a robot, banks rewrite the rules and the rest of us feverishly refinance.
Share traders celebrate, banks kneecap borrowers, grim news for CBA and First Home Buyers experience something rare and mystical.
The Us v Them Budget. Mortgage numbers dive. ANZ goes Hollywood. Crims find a friend.
