![Lending to speculative property investors has accelerated in recent months while home prices in Sydney and Melbourne - ...](/web/20170316033124im_/http://www.smh.com.au/content/dam/images/g/s/s/w/z/t/image.related.wideLandscape.460x259.guzi5n.png/1489634652627.jpg)
NAB raises variable, investors' home loan rates
National Australia Bank on Thursday said it was raising rates on variable home loans for owner occupiers and investment properties, blaming rising costs and intense competition.
National Australia Bank on Thursday said it was raising rates on variable home loans for owner occupiers and investment properties, blaming rising costs and intense competition.
When you own your own business, finances can get pretty messy.
Miners lose some of their initial strong gains following a slide in iron ore futures, while the Aussie slips back below US77c on weak employment data.
Managers who close businesses, shut factories or restructure firms without fully considering the impact on workers and their families are committing a "very grave sin", Pope Francis said on Wednesday.
Major bank warns government measures designed to address affordability could actually drive up prices.
One almost wonders whether the Fed is really raising rates to puncture the asset bubble out of moralistic urges, just as it did from 1928 to 1929.
One of Australia's largest fund managers will divest more than half a billion dollar worth of shares from companies that make deadly landmines, cluster bombs and tobacco products as part of an ethical investment overhaul.
Australia's unemployment rate rose to 5.9 per cent in February, from 5.7 per cent in January. (Courtesy ABC News 24)
A security guard for a Heinz board member, Todd David Alpert printed out an email for his employer with the terms of the $36 billion takeover of the food giant. The next day, he called his broker and started trading.
The jobless rate has unexpectedly jumped to 5.9 per cent, its highest level in just over a year, as the economy shed 6400 jobs in February.
Alinta Energy has been sold to Hong Kong's Chow Tai Fook Enterprises, in a deal sources say is valued at about $4 billion.
Siobhan McKenna resigns from the Ten board to rejoin Lachlan Murdoch at News Corp.
A half share in the tallest building in Sydney, the $1.1 billion MLC Centre, is up for grabs as co-owner QIC Global Real Estate looks to take advantage of the hot office market.
Fast fashion is getting tougher as consumer rather spend up on leisure activities and buy more clothes from the rising number of online suppliers. Zara's profitability has shrunk to an eight-year low and H&M; reported its first sales drop in almost four years.
Caltex's purchase of a chain of independent petrol stations in Victoria has run into competition concerns with the consumer watchdog, the ACCC, warning the move could lead to motorists paying more for their petrol.
Myer's first-half sales have sagged by 0.6 per cent as a result of what the department store chain called "aggressive competition" and subdued stocktake sales.
Giant department covertly handed employee's medical file to psychiatrist for mental health verdict.
Teremoana Tangata is working at Westpac as part of a new program to better integrate people with disabilities into the workplace.
The US Federal Reserve has raised interest rates and signalled it will stick to a gradual path to future hikes.
The Australian dollar has surged, topping US77¢, after the Fed opted for a less hawkish rate tone than expected.
For sharemarkets, this Fed meeting was about as favourable as we could have hoped for.
Sportswear giant Adidas has been aggressively defending its logo. Now companies are pushing back against the "bully".
So why are these supermarkets so keen on giving us something for nothing? They aren't.
The Federal Reserve raised its benchmark lending rate a quarter point and continued to project two more rate increases this year, signalling more vigilance as inflation approaches its target.
The sheer scale of Australia's household debt means lifting interest rates is going to be a far more sensitive operation than in previous times.
US Treasury yields plummeted after the Federal Reserve did not flag any plan to accelerate the pace of monetary tightening.
The US Federal Reserve raised interest rates as expected and reaffirmed a previous gradual rate hike path.
How a nation awash with gas ran dry in the middle of a global gas glut.
A rally in Fortescue Metals helped push the local sharemarket into the black for a second day in a row.
As a housekeeper, Teremoana Tangata hid her disability from her boss to protect her job.
The New York designer and entrepreneur isn't afraid to brand anything and everything as Cynthia Rowley
Never flounder at one of those awkward events again with these great tips.
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