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Latest Australian Loan News
The cattle baron, runaway daughter and $1m (Daily Telegraph)
AN AUSTRALIAN cattle baron is suing the man who allegedly took off with his plane and eloped with his 19-year-old daughter for more than $1 million in alleged unpaid loans.
RHG Surges in Sydney After Announcing 10% Buyback (Update1) (Bloomberg.com)
July 23 (Bloomberg) -- RHG Ltd. , the Australian home loans provider previously known as RAMS Home Loans Group Ltd., jumped by a record in Sydney trading after saying it plans to buy back up to 10 percent of its shares.
Credit crunch crimps commercial development (The Charlotte Observer)
Large and small commercial developments nationwide have been delayed or scrapped as lenders tighten credit standards on construction loans. Whether some of these projects will break ground or reach completion remains uncertain. In June, Australian gambling firm Crown Ltd. backed out of a $5 billion project to build Las Vegas' tallest tower because of financing issues. The company held a 38 ...
1m to be mortgage stressed (Herald Sun)
MORE than a million Australian households are expected to be living in mortgage stress by Christmas.
1m in mortgage stress by Xmas (Herald Sun)
MORE than one million Australian households are expected to be living in mortgage stress by Christmas this year.