Saturday, March 3, 2018

Australia's Banking Watchdog Flags End of Investor Credit Cap

... in the official cash rates, have generated the biggest public outcry, as home-owners struggle to meet high repayments in the face of sluggish wage growth. The banks reported a combined net profit of A$31.5 billion ($24.4 billion) in the 2017 fiscal year, up 6.4 percent on a year ago, according to KPMG.

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