The Reserve Bank is likely to start increasing the cash rate mid next year, which will see interest rates continue to rise for the next three years
The latest APRA statistics reveal that CBA holds over a quarter of the housing credit market. The dominating major bank reveals what the industry should look out for
Economy-wide spending finished strongly in 2013, with December recording a 0.9 per cent rise in sales.
Growing business confidence means the number of businesses looking to access finance are at their highest levels in two years - but interest rate rises loom on the horizon.
The average Australian is now worth what they were pre-GFC - and some experts believe this may fuel an investment move away from cash and deposits