REVEALED: 7 | Vintage Vibes

The Loop: Daniel Johns avoids jail, cargo ship crew rescued, Boris Johnson faces leadership questions, banks pass on rate rise

Here's your TL;DR for today's news.

ABC News · Jul 6, 2022

Commonwealth Bank, ANZ, NAB and Wespac to lift variable mortgage rates by half a percentage point

All of the big four banks will pass on the Reserve Bank's latest interest rate rise to home loan customers in full — but not all savers.

ABC News · Jul 6, 2022

Sydney and Melbourne lead accelerating housing downturn

Sydney and Melbourne are leading Australia's falling house prices, which are gathering momentum as interest rates rise and consumer confidence takes a hit.

The New Daily · Jun 30, 2022

Labor government urged to drop prosecutions against whistleblowers and ramp up protections

As the Albanese government works on getting legislation ready for its highly anticipated corruption watchdog, calls are growing for it to boost protections for whistleblowers and drop criminal prosecutions against Richard Boyle, David McBride and Bernard Collaery, and to advocate for Julian Assange.

ABC News · Jun 13, 2022

Petrol back below $2 for some motorists

Petrol prices have eased below $2 per litre, ending a six-week run of increases, but rising global oil prices suggest this relief will be short-lived.

AAP · Jun 5, 2022

‘Ultra competitive’: Why rising interest rates shouldn’t stop you refinancing

Home owners slapped with bigger mortgage bills are being told not to settle for rising interest rates, with tight competition leading to better deals.

The New Daily · May 24, 2022

Commonwealth Bank pauses in-app cryptocurrency trading after market turmoil

Bank says it will pause rollout of app-based trading of assets like bitcoin and Ethereum pending further regulation

The Guardian - AU · May 19, 2022

Clive Palmer's United Australia Party is promising to cap mortgage interest rates. Can it be done?

With the cost of living surging and interest rates rising for the first time in more than a decade, a cap on mortgage repayments would come as welcome relief for millions of borrowers. But can it be done and who would end up paying for it?

ABC News · May 11, 2022

Commonwealth Bank, ANZ, Westpac, NAB to raise variable mortgage rates by 0.25 per cent after RBA rate hike

All of Australia's biggest banks have lifted mortgage rates, matching the Reserve Bank's 25-basis-point increase.

ABC News · May 3, 2022

Financial abuse costs Australia over $10bn

The Commonwealth Bank is partnering with a support service to give counselling to people suffering financial abuse, which costs Australia $10 billion a year.

AAP · Feb 24, 2022