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NAB cuts fixed home loan rates for owner-occupiers

NAB overcharged 220,000 corporate superannuation accounts a combined $34.7 million, ASIC said.

Photo: Rob Homer

The rates, available only to customers paying principal and interest, will make NAB's rates the lowest of the major banks in each of these terms, for this type of product, according to interest rate comparison website RateCity.

It may signal a step-up in competition in the...

Homes forcibly acquired for East West Link for sale next year

Scores of homes compulsorily acquired to make way for the now defunct East West Link are expected to be offloaded in a staggered sale starting next year.

At least 113 homes, an apartment block and 18 commercial properties will be sold over the next two years, providing a $250 million boost to government coffers.

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Nadege Morel and Davis Michaud at...

NSW Government abandons 24/7 nursing in aged care homes

Ms Blaikie said nursing homes would have no choice but to transfer residents to already overwhelmed hospital emergency departments for basic treatment if there wasn't a nurse on duty.

Registered nurse Jocelyn Hoffman told Fairfax Media last year she was "very scared for the future of aged care" if the requirement for a nurse was abandoned in NSW.

"It is a big thing for families to bring their...

Fast-train bonanza: big investors in race to build major ...

Under the group's plans, half of the 26-kilometre line from Central to Westmead would be tunnel.

Photo: Nick Moir

With a rapidly increasing population, Sydney and its satellite cities are proving to be a big drawcard for Australian and overseas investors eager to become involved in major rail projects.

The proposals are in addition to the mammoth government projects under way such as...