Interest Rates
The safest Melbourne Cup day bet
AS WIDELY expected, the Reserve Bank has left the official cash rate on hold at 1.5 per cent. Here’s why that’s a good thing for the property market.
Could AAA downgrade hit your wallet?
A DOWNGRADE of Australia’s AAA rating is almost certain, so what does this mean for consumers and interest rates?
Reserve Bank leaves rates on hold
THE Reserve Bank has left the official cash rate on hold this afternoon, with new governor Philip Lowe taking an optimistic stance.
Reserve Bank leaves interest rates on hold
THE Reserve Bank has left the official cash rate on hold at a historic low of 1.5 per cent, but another cut could be on the way.
Cash rate hits new historic low
BREAKING: The RBA slashed the cash rate to its lowest level ever. It’s good news for borrowers but means more pain for savers.
Why rate cut was a risky move
AFTER today’s record low interest rate cut, we could be in trouble. The Reserve Bank is playing a risky game.
RBA rate cut tipped as growth slows
DESPITE hitting record levels, home value growth has continued to slow, giving the Reserve Bank of Australia one less reason to hold back on a rate cut tomorrow.
Rates continue downward slide
HOME loan borrowers can expect more discounts to already record-low interest rate deals, as fixed rate offers continue to tumble.
Experts tip rate relief in August
THE RBA has shrugged off Brexit fears to leave the official cash rate on hold at 1.75 per cent, but most experts are tipping a cut next month.
‘Rate bait’: How banks are gouging you
HOME loan customers are getting gouged on their interest rates by signing up to enticing honeymoon deals with one massive catch.
RBA keeps interest rates on hold
THE RBA has left the official cash rate on hold at its historic low of 1.75 per cent, but borrowers can look forward to some more relief soon.
Interest rate slowdown hits borrowers
DELAYING interest rate announcements after this month’s Reserve Bank decision has left many customers feeling let down by mortgage lenders.
Banks keeping savings from customers
HOME loan customers are missing out on significant savings thanks to banks taking their time to pass on interest rate cuts. Which is the slowest of the big four?
Borrowers brace for rate rises
HOME loan customers are warned to brace for more out-of-cycle rate rises in coming months as lenders follow the Bank of Queensland’s shock increase.
RBA leaves rates on hold
THE Reserve Bank has left official interest rates at two per cent for the 11th month in a row, despite a high Australian dollar.
Bracing for an interest rate surge
OUR low interest rate environment is just the “calm before the storm”, leading banks to drastically raise the rates used to assess borrowers’ repayment capacity.
RBA holds cash rate at historic low
AS the Reserve Bank again keeps the interest rate unchanged, home loan customers have been warned ‘banks are pulling off the heist of the century’.
Rates on hold amid housing ‘exhaustion’
THE Reserve Bank has kept the official cash rate on hold at 2 per cent amid growing concern about a slowdown in the Australian housing market.
How prices affect your mortgage rate
WHAT does the price of poultry, petrol and postage stamps have to do with your mortgage interest rate? Plenty; so keep an eye on them.
Is now the time to buy property?
THE RBA has kept the official cash rate on hold at 2 per cent in its first meeting of the year, but economists are tipping further cuts in the coming months.
Why borrowers are fixing interest rates
MORTGAGE customers are turning to fixed rate loans for the first time in years, but experts warn there are factors to consider before locking rates in.
RBA leaves rates to ‘chill out’
WHEN Reserve Bank Governor Glenn Stevens invites you over for board meeting and chill, and he actually means chill.
‘We should just chill out’
AUSTRALIA is headed for a scorching Christmas, but man who controls your mortgage repayments is keeping it cool as ice.
Time running out to cut credit debt
CONSUMERS fed up with being by gouged by exorbitant credit card interest rates have only a short time left to take action.
RBA leaves rates on hold at 2.0%
THE Reserve Bank has left the official cash rate on hold at its record low of 2.0 per cent for the sixth month in a row.
50/50 chance of a Cup rate cut
A MELBOURNE Cup Day interest rate cut will be decided in a photo finish today but economists remain divided on whether the cash rate will fall before Christmas.
Big bank loyalty costs you billions
IT may seem like a better to be loyal to one of the four big banks — but it’s costing Australians more than $6 billion in savings.
Mortgage rate hikes continue
OWNER occupiers are continuing to be hit by rising interest rates, as more banks follow the big four and increase their costs to borrow.
‘Banks can’t blame us for their decisions’
THE big banks shouldn’t expect a “leave pass” for hiking up interest rates while the official cash rate is on hold according to Treasurer Scott Morrison.
ANZ joins rival banks in rate hikes
ANZ is the last of the big four banks to announce it is raising standard variable interest rates for home owners after NAB announced hikes this morning.
Westpac’s rate hike rakes in millions
WESTPAC stands to make an extra $1.59m a day by raising interest rates on all home loans, in a strategic move made ahead of a likely Melbourne Cup rate cut.
Rivals tipped to follow Westpac’s lead
THERE’S more grim news for homeowners this morning, with experts tipping the nation’s biggest lenders will follow Westpac’s lead.
RBA likely to cut after Westpac hike
THE chances of a rate cut by the Reserve Bank will increase if the major banks follow Westpac’s lead and lift home loan rates.
Trick to save hundreds a month
THE RBA has left the cash rate on hold for the fifth month in a row — but there’s a simple way you can still save hundreds.
ANZ predicts another rate cut
ANZ has broken ranks with its major rivals to predict that stubbornly high unemployment will force the RBA to cut interest rates to a new low.
RBA rates on hold: what it means
THE RBA has left the official cash rate on hold at two per cent today again. We explain what you should know if you’ve got a mortgage.
The signal that house prices may stall
THIS could be the one sign that the brakes may soon be applied to slow down the rate of soaring house prices.
Interest rates to rise, affect owner-occupiers
BEFORE, it was mainly the investors who copped it. Now, owner-occupiers are also in the firing range, and it’s going to get expensive.
‘Rain Man’ jailed over global scam
TOM Hayes has never fit the profile of a greedy banker, let alone a criminal. That didn’t save him from a long prison sentence.
RBA leaves cash rate on hold
THE Reserve Bank has left the official cash rate on hold at 2.0 per cent, but renters could soon be slugged with increases.
Interest rates won’t go much lower
LENDERS are continuing to drop their home loan interest rates — without any prodding from the RBA — but this is why they are unlikely to go much lower.
Is another rate cut on the cards?
THE Reserve Bank will keep a close watch on China’s stock markets and the Greek debt crisis to assess whether further rate cuts are needed.
Are high house prices here to stay?
WITH more Aussies struggling to buy their first home, experts have a scary prediction about what will finally bring property prices under control.
Reserve keeps rates on hold
THE Reserve Bank of Australia has kept the official cash rate on hold at two per cent — and it’s likely to stay put until the end of the year.
Rates ‘appropriate’ at 2%, RBA says
THE RBA will keep a close watch on the economy in the coming months to assess whether more interest rate cuts are needed.
House prices are officially ‘crazy’
WHEN this guy says property prices have gone ‘crazy’, you know things are bad. So if you’re worried about housing, you should be.
RBA leaves interest rates on hold
THE RBA has left the cash rate on hold at its historic low of 2.0 per cent, although economists have flagged a further cut could be on the cards for August.
Symond on interest rate direction
JOHN Symond, who brought competition to the banking sector and cheaper mortgages for all, has his view on the future direction of interest rates.
Good news for first home buyers
THE banks are finally doing something that will favour first home buyers over investors — and it could mean a cheaper home loan for you.
Rates: home loan borrowers rejoice
HOME loan borrowers can relax for the first time since the global financial crisis with the latest forecast by economists to put a smile on your dial.
Banks reserved over rate cut handout
SOME of Australia’s biggest banks are under attack for failing to pass on in full to home loan customers the Reserve Bank’s interest rate cut.
Joe says borrow, but should you?
JOE Hockey says now is the time to borrow, borrow, borrow. But with concerns of a property bubble, investors are hearing mixed messages.
Big banks respond to historic rate cut
THE big banks have responded to the Reserve Bank’s historic rate decision, and one has done something rather unusual.
Greedy CBA only passes on partial cut
HOMEOWNERS will have about $47 more in their pockets a month thanks to today’s interest rate cut — but the Commonwealth Bank kept some of the cut for itself.
RBA cuts cash rate to historic low
THE Reserve Bank has cut the official interest rate to a historic low of 2.0 per cent in a move likely to throw further fuel on the housing market.
Mortgage mistake costing you thousands
IT’S a common pitfall for home loan customers — and one that is costing them thousands of dollars over the lifespan of their mortgage.
Rate cut in doubt after jobless fall
A FALLING unemployment rate may seem to be reason for widespread celebration — but economists warn it makes an expected interest rate cut less likely.
Jobless rate unexpectedly plummets
THE chance of a Reserve Bank interest rate cut in May has been thrown into doubt after Australia’s jobless rate unexpectedly plummeted to 6.1 per cent.
Will we get another rate cut today?
AT 2:30 this afternoon, Australians will be tuned in to the one piece of news that will affect everyone. So what should you expect?
ASIC to investigate Aussie dollar spike
THE Reserve Bank has kept the official cash rate on hold — but a spike in the Aussie dollar shortly before the decision was announced has prompted an ASIC investigation.
Warning: Tough times for Aussie home buyers
AUSTRALIA’S housing market is not immune from trouble — and things are about to get worse, a financial expert has warned.
No rate reprieve for borrowers
THE RBA has kept rates steady, despite further signs the economy is deteriorating.
Interest rates to plummet in 2015
THE cash rate is tipped to continue its downward spiral and not only drop today but continue to fall to as low as 1.5 per cent.
Get ready, more rate cuts are coming
ECONOMISTS have brought forward their forecasts and expect the Reserve Bank to cut interest rates again next month.
Do nothing — and save thousands
HOUSEHOLDS can make last week’s Reserve Bank interest rate cut work for them with one simple trick, which involves no effort whatsoever.
Fixed or variable is a close bet
ECONOMISTS expect another interest rate cut, so is it worth fixing now or sticking with variable?
Fixed or variable? It’s a close bet
ECONOMISTS expect another interest rate cut, so is it worth fixing now or sticking with variable?
Three down, one to go on rate cuts
ANOTHER of the Big Four banks has announced it will pass on the full 25 basis points cut on its interest rates. Who’s the holdout?
Banks don’t give Aussies a real break
AUSTRALIAN banks are continuing to reap massive profits on home loans, despite the Reserve Bank slashing interest rates to a record low.
Two big banks pass on rate cut
TWO of the Big Four banks have passed on the full interest rate cut, and then some, from yesterday. How long until the others follow?
Rates cut: How much will you save?
THE Reserve Bank has cut interest rates to a historic low of 2.25 per cent, bringing a smile to many faces. But how much will you actually save? Use our calculator to find out.
‘Shackles are off the Australian economy’
HOMEOWNERS have been given a bonus with the Reserve Bank cutting the official interest rate to a historic low.
Beware of rate deals that trap you
HOME loan customers looking to snare good deals should focus on interest rate discounts and not get sucked in by incentives including cashback deals.
Dollar tipped to sink to US75c
RESERVE Bank Governor Glenn Stevens maintains the Aussie dollar is overvalued and that by year’s end it will sink even further against the US dollar.
Aussies escape Christmas rate increase
THE Reserve Bank has given Australians a Christmas reprieve, leaving interest rates on hold at a historic low. But a cut may be on the horizon.
Your poker face can save you cash
WITH official interest rates steady, and the banks getting nervous about their market share, your poker face could help you save thousands on your mortgage.
Interests rates still on hold at 2.5%
THE Reserve Bank has left interest rates at a record low 2.5 per cent. It has remained unchanged since August 2013.
How long until you become a millionaire?
YOU’RE putting a little away each month, hoping that one day you’ll be rich. But how long until you reach a million? Try our calculator to find out.
Bill Murray explains the Aussie economy
IF YOU’RE familiar with the movie Groundhog Day, you’ll totally get what’s just happened with interest rates in Australia.
RBA keeps interest rates on hold
AS WIDELY predicted, the Reserve Bank of Australia has left the cash rate at a historic low of 2.5 per cent for a 14th consecutive month.
Cash rate on hold at 2.5 per cent
THE Reserve Bank has opted to leave the cash rate on hold at 2.5 per cent in June, but borrowers are being warned to brace for rises in future.
