Day: October 31, 2012

New CAT 140M for local company

Austral Lending helped me get finance for my new grader.  They were easy to deal with and most importantly did all the paperwork for me.  The grader was ready much earlier than we planned and Austral Lending had the finance ready so we were able to get the grader a

Read More »

Finance Drops, Pointing to Market’s Weakness

The number of home loans approved fell the most in five months in July, underscoring ongoing weakness in the nation’s housing sector. The number of loans dropped 1 per cent to 44,804, lower than a downwardly revised 45,278 in June, the Australian Bureau of Statistics reported. Economists had expected housing

Read More »

Borrowers pay off mortgages faster than average

Australians have an unusual habit of paying off their mortgages much faster than borrowers in most other rich nations, a valuable trait that gives households a safety buffer were the economy to slow sharply. Around half of all borrowers are ahead on mortgage payments, the Reserve Bank reported today, a

Read More »