Where’s the Sense?
Every now and then the news arrives in a tangled mass of contradictions that defies analysis and creates a simpler response: WTF? This was one of those weeks. Welcome to Money Road.
Read MoreWhere’s the Sense?
Banks, Borrowers & B.S.
Celebrations sour for The Big Four. Borrowers head for the hills. Non-banks up the ante. Meanwhile, Shock & Horror. AUSTRAC discovers that not everyone applying for a mortgage is entirely who they say they are.
Frantic to Frozen
The housing market is in the freezer, mortgage applications are falling, brokers are feeling the pinch, and buyers are getting something they haven't enjoyed for years, a bit of bargaining power.
Retreat, Reduce, Repeat
This week sees two major banks in retreat, homebuyers sitting on their hands, frequent flyers shafted and small businesses struggling to stay on top of their costs. A crisis of confidence? Perhaps. There’s certainly a hint of caution in the air.
Asterisk Banking
Banks aren’t just competing on interest rates anymore. They’re competing on headlines and hoping you will skip the fine print. Welcome to a world where the real news is found attached to an asterisk.
Race, Rates, Rivals
Isn't competition a wonderful thing? We've seen a week of it. Banks cutting rates, fintechs sharpening pencils, brokers attracting fairer treatment and regulators weilding a bigger stick. Here's what caught our eye.