Finance News

Australia’s unprecedented low interest rates are boosting share prices and helping to grow superannuation balances, experts say. The official cash rate is now 0.75%, after the Reserve Bank lowered it for the third time this year...

If you are one of the millions of home loan customers wondering why your bank’s interest rates are still higher than their competitors, take heart – answers may soon be forthcoming. A frustrated Australian government has...

Last week saw the biggest fall on the Australian sharemarket all year. Now, investors are now waiting to see what happens - and it seems like it's off to a good start. It was a quiet...

The big four banks are lowering some of their home loan rates since the cash rate cut, so how much better off are you now? Canstar data shows which customers received the biggest monthly saving. However, there's...

How low can interest rates go in Australia? Since Tuesday's cash rate cut, to a new record low of 0.75%, customers can now find more home loans with an advertised interest rate below 3% on variable or...

All four of the nation’s biggest banks have now cut their home loan interest rates, in the wake of the Reserve Bank’s decision to slash the cash rate to 0.75%. How much did Westpac cut its...

Australia’s official cash rate was cut to 0.75% on Tuesday, setting off a wave of interest rate changes from a number of banks. What did National Australia Bank do? National Australia Bank sent out a media...

As the Reserve Bank of Australia (RBA) makes yet another cut to the official cash rate, Aussies are bracing themselves for a further blizzard of financial and economic jargon in the news, as phrases like ‘macroprudential measures’...

Christmas bells might not be jingling right now, but in 12 weeks they will be in full song. Will you be ready? Here are some tips on how to save up now to cover the expenses...

Some lenders have already passed on today's full cash rate cut to their customers. But most banks will resist further rate cuts for borrowers, one research group has warned. The Reserve Bank of Australia (RBA) Board...

Many economists have forecast the cash rate could drop by 0.25 percentage points tomorrow, but others think it will remain unchanged. Only time will tell who is on the money. But one important group says cutting...

It turns out young people's worries about housing affordability may not be exaggerated. New research shows 90% of millennials are concerned they won't be able to afford to buy a home, but they are the generation...

Canstar analysis reveals the recent spate of announcements from lenders around changes to serviceability floor rates may actually be creating false hope for borrowers. As the race for customer market share during spring property season heats...

So you like to eat out and buy your coffee because you can? Well, you’re certainly not alone. The latest Suncorp Cost of Food Report shows that the average individual spends close to $300 each week...

Customers of one of Australia's biggest banks can now avoid having to pay extra costs to cash a cheque or view a bank statement, after more than 100 fees were removed. National Australia Bank (NAB) announced...

ANZ now has the lowest interest rate out of the big four banks on its online savings account after cutting it this morning, only days before another cash rate cut is expected. ANZ cut the base...

Two industry super funds have announced they are just a few weeks away from completing a merger in a bid to "act in the best interests of members". Industry superannuation giant Hostplus and Queensland fund Club...

ASX market wrap: The Australian sharemarket is expected to continue its upward trend today, after five weeks of record-setting gains. Here’s what is set to impact the market this week; and a wrap of how stocks...

Debate about climate change is increasingly turning away from theoretical arguments to practical implications, such as how much it could cost everyday Australians. And it seems that we should be prepared to adjust our household budgets....

Drone bomb attacks, a surprise Budget win, revised cash rate predictions and persistent penny pinching - it's been a big week for the Australian economy. Here's a quick recap of what made headlines in finance this...