Westpac is the first Big Four bank to lift interest rates

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Westpac lifts interest rates All variable mortgage rates will increase by 14 basis points from September 19.

The 10 most important things in the world right now Hello! Here's what's happening on Wednesday.

The Australian dollar is sliding as Westpac hikes mortgage rates independent of the RBA The Australian dollar has fallen sharply in response to news that Westpac Bank, Australia's second largest lender, has hiked mortgage rates for both owner-occupier and investor borrowers.

This chart suggests Australian home prices are falling even faster Australia's median home price fell for a 10th consecutive month in July, according to CoreLogic, logging a decline of 0.6%.

The CSIRO just launched Australian National Blockchain - a smart contract system for business Herbert Smith Freehills has partnered with the CSIRO and IBM.

It's taking longer for Australian units to sell -- and there's a record level of new supply on the way The increase largely reflects lengthening times for the average unit to sell, rather than houses.

The Future Fund has 'slightly' increased its risk level Annual return of 9.3% lifts Future Fund to $146 billion. The 10-year return of 8.7% a year exceeds benchmark target of 6.6%. The short-term outlook is for sustained growth.

Trump's lawyers are citing free speech as the reason why Stormy Daniels' defamation suit should be tossed Trump's lawyers want to squash a defamation lawsuit because it "chills the president's free speech."

I asked everyone from a billionaire tech founder to a former Navy SEAL commander what it means to be successful, and money was only an afterthought When success is discussed it's often referring to wealth and influence.

The ultimate guide to the best places to work in Australia in 2018 lent is more fierce than ever. Over the last year, the market for job s in Australia grew by 21.4% -- t hat's an additional 45,000 vacanci s

Five Australian executives share their biggest challenges in being a father - and their best dad jokes Plus the pressures they have to deal with in terms of home life and what they'd like to teach their children.

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