Despite much public interest in, and debate around, the major banks’ purported “gouging” and taxpayer-guaranteed status, some very fundamental questions remain unanswered, says Christopher Joye on Property Observer.
Home loan market
Credit crunch puts Big Banks back in control
Australia’s five major banks are all but back in control of the home loan market after 15 years of being pounded by non-bank lenders, writes Glenn Dyer.
You can now bank on the banks to lift their rates again
Stand by to be screwed by your “friendly” bank after the Reserve Bank boosted interest rates yesterday by 0.25% to 7%, writes Glenn Dyer.
