Find out which lenders moved their variable, fixed rates this week, 1 September
One week before the Reserve Bank of Australia’s cash-rate decision for September, several lenders, including NAB, made some changes in their variable i...
Housing upturn regains momentum in August
Dwelling prices in Australia seemed to have regained momentum in August, according to CoreLogic.
ASIC warns 30 lenders to look after borrowers doing it tough
The corporate watchdog has written a powerful open letter to 30 Australian lenders warning they must provide adequa...
Climate change could heat up interest rates: Incoming RBA Governor
Climate change and the world’s attempts to mitigate its impacts could impact how the Reserve Bank of Australia considers interest rates, incoming RBA b...
Do government private health subsidies actually improve wait times?
Researchers from the University of Melbourne have questioned one of the truisms of healthcare policy in Australia.
Is there light at the end of the tunnel for renters?
Interest rates going down, softer income growth and stretching rental affordability could all contribute to rental rates coming back under control in 2024.
World Cup, school holiday spending surge could pose rate conundrum for RBA
Australians flocked to shops and eateries in July, thanks in part to the FIFA Women's World Cup, helping retail turnover recover from its previous slump.
...Find out the latest set of banks cutting their TD rates, 25 August
Several providers, including CommBank and Westpac subsidiaries, continue to slash their term deposit rates over the week ending 25 August.
This no-interest and no-repayment financing aims to disrupt Australia’s real estate investing
Sydney-based fintech startup MyBrix will be rolling out what it claims to be the world’s first “no-interest and no-repayment property finance&rdq...
What does CommBank's first-home buyer data reveal about the Home Guarantee Scheme?
First-home buyers participating in the Home Guarantee Scheme are able to improve their equity position since 2020 despite the rate hikes and market downturn,...
Cutting spree continues — check out the latest TD rate cuts, 18 August
Some providers continue to cut their term deposit rates over the week ending 18 August, but other still rolled out increases.
Can the impact of fixed-rate cliff explain the rise in new listings?
The rise in new property listings appears to be preparing the market for a warm spring-selling season — to what extent can this be explained by the bor...
This home loan has no monthly repayments — how does it work?
Midkey rolls out a “No Monthly Payments” home loan, a first-of-its-kind loan that allows Australians to take advantage of the equity in their hom...
How does Northern Inland Credit Union’s Capped Home Loan work?
Northern Inland Credit Union (NICU) has introduced a capped home loan, which provides borrowers with certainty against rising interest rates.
Mortgage rates rise sharply, outpacing RBA cash rate increases
Recent data collated by the RBA shows new variable mortgage rates outpaced that of the 25 basis point cash rate increase in June.
Deposit peak over? Banks continue to cut term deposit rates, 11 August
There seems to be a cutting spree among term deposit providers, reducing their rates over the past week.
Here’s why households and small businesses must contact their energy providers now
Australian homeowners and small businesses are urged to reach out to their energy provider as market prices for electricity exceed the regulated safety net.
Overdue trade payments reflect deteriorating business conditions
New research from illion showed how overdue trade obligations in high-risk industries were a strong indicator of the risk of business failure.
Teachers Mutual launches 5.50% savings account in quiet non-RBA hiking month
Teachers Mutual Bank and its subsidiaries launched a savings account featuring a 5.50% p.a. interest rate, one of the highest in the market.
RBA sheds light on how high deposit, lending rates have risen amid hikes
While banks have increased lending and deposit rates, it appears both have risen by less than the cash rate over the Reserve Bank of Australia’s tighte...
Check out these latest TD rate movements, 4 August
Some term deposit (TD) providers adjusted their rates by introducing several cuts over the week ending 4 August, while NAB and ANZ elected to increase.
Victoria records the greatest number of refinancers in FY 2023
The growth in refinancing activity trumped the increase in new home loans issued over the 2023 financial year, according to the latest PEXA Mortgage Insights...
Is the RBA done with rate hikes? Experts say it shouldn't be
Two of the top economists in Australia have said the RBA should not have left the cash rate on hold at 4.10%, because the softer economic data doesn't tell t...
Rate pause continues, leaving RBA cash rate at 4.10%
The Reserve Bank of Australia (RBA) decided to hold the cash rate again, leaving it at 4.10%.
