Mortgage fees that are charged by lenders have caused increasing concerns to borrowers and policymakers, and heighted debate over time with particular scrutiny during the recent global financial crisis. Interestingly however, there is almost no research on mortgage fees in the Australian...

This study is motivated by an ongoing controversy over banks' interest rate setting conduct in the Australian mortgage market. We examine heterogeneity in the response of variable interest rates on owner-occupied housing loans to the ‘cost of funds' rates, including the cash rate and the cost...

Purpose – The purpose of this paper is to investigate the impact of the Goods and Services Tax (GST) on mortgage pricing and to measure the GST shifting ratio of Australian credit unions.Design/methodology/approach – Using the proprietary data from 79 credit unions in Australia, we perform...