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The Reserve Bank of Australia (RBA) has delivered its final cash rate announcement for the year with the decision to leave the rate unchanged at 0.75%. In making the decision the RBA appears to be assessing the impact on the broader economy of the three previous cash rate reductions together with recent tax cuts, government
RBA cash rate unchanged at 0.75% Read More »
Why smaller lenders are making a big change in banking. The history of Australian banking has always been dominated by the big four – ANZ, Commonwealth Bank, NAB and Westpac. But more Australians than ever are now turning to smaller lenders and non-banks to finance their home loans. Is your loyalty worth it? Many of
There’s a lot more than the big four Read More »
How can you make the most of record low interest rates? Many people believed that the low RBA cash interest rate, that had remained unchanged over the last couple of years, was about as low as it would go. But in the last few months the Reserve Bank of Australia (RBA) has dropped it three
The lowdown on dropping interest rates Read More »
