Australia’s consumer confidence rose in November, building on last month’s gains as households are no longer concerned about the risk of further interest rate increases, though Donald Trump’s election victory caused some uneasiness. The details showed that consumer sentiment was “markedly higher” at the start of the week with an index reading of 99.7 but posted a sharp fall following …
A cruel scammer tried to swindle a woman out of her savings by pretending to be her bank warning her about fake attempted fraud. The scammer, who identified himself as Martin Moore and spoke in a British accent, called a New Zealand woman claiming to be from Westpac's fraud prevention team. HOW TO SPOT A SCAMMER They unexpectedly call, SMS …
It's very likely house prices, at least in Australia's two biggest cities, will fall at some point over the next couple of years. While it's mainly longer-term fixed rates rising at the moment, they're going up because financial markets expect the Reserve Bank to lift interest rates long before its previous aim of 2024. That why Gareth Aird noted that, …
An elderly couple who kept a $75,000 house deposit after their buyers' bank missed the settlement deadline by hours have maintained they did nothing wrong after they were slammed for keeping the money. They were given a 30-day settlement but it became apparent Westpac bank would not make the 5pm October 20 cutoff - leading to Mr Trau making panicked …
