21 March 2019 | Daily Top Story: Westpac class action relies on ASIC’s resources, is it taxpayer exploitation?
Some bets are safer than others, and those backing a responsible lending class action against Westpac are onto a sure thing, or about as close as you can hope to get. Australian law firm Maurice Blackburn is partnering with London-based litigation funder Harbour to sue Westpac for failing to properly check whether borrowers could afford the home […]
One of Australia’s biggest banks has slashed its expectations for economic growth and now predicts two cuts to official interest rates this year. Westpac has changed its interest rate forecast and now tips the Reserve Bank to deliver a 0.25 percentage point reduction to official interest rates in both August and November. That would trim […]
19 March 2019 | Daily Top Story: NSW state election 2019: Greens to mandate affordable housing targets, abolish priority precincts
All new Sydney developments would be subject to a minimum 30 per cent affordable housing target in a bid to address the city’s housing crisis under a NSW Greens proposal. The Saving Sydney package, announced on Friday by Greens MP and planning spokesman David Shoebridge, would also abolish priority precincts and restore planning powers to […]
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