Finance News - Page 3

From 10 June 2025, BNPL products fall under the same laws that apply to credit cards and personal loans. Here's what it means for you.

Australia’s biggest home loan lender, CBA, has today cut its lowest investor variable rate down to a competitive 5.69%.

Seven lenders are now offering fixed rates from 4.99% as banks plate up sub-5 per cent rates in a bid to get more borrowers to lock in their rates.

Australia’s total credit card debt accruing interest has dropped below $18 billion in April, Canstar analysis of RBA data shows.

The cost of car insurance has risen by almost 6% over the past year, but drivers could save, on average, $692 by switching to a new provider

Three of Australia’s biggest banks have dropped variable rates today following the RBA’s May cash rate decision.

CBA has announced it will take the axe to its fixed rate home loans tomorrow by up to 0.40 percentage points across all fixed terms.

All four major banks have stepped up to the plate, announcing they will pass on the RBA’s 0.25 percentage point cut to variable mortgage customers.

The RBA has cut the cash rate by 25 basis points at its May meeting, with interest rate cuts from banks and lenders likely to follow soon.

Today, the RBA is set to make its third cash rate decision for the year, with a rate cut widely anticipated.

Economists from Australia’s big four banks are all forecasting a cash rate cut at the next RBA meeting. But could interest rates fall even further?

The number of loans switching lenders ramped up in the March quarter to the highest level since September 2023, data from the ABS released today shows.

In a market-first move for Australia, AMP Bank has announced a 10-year interest-only home loan for owner occupiers.

Australia’s biggest home loan lender, CBA, has today cut its lowest variable rate down to 5.84 per cent to keep pace with competitors.

The nation’s credit card debt has jumped to $18.13 billion in March as Australians continue to struggle to get on top of their credit card bills.

Macquarie Bank has today slashed its fixed home loan rates, taking its 2- and 3-year rates to the lowest in the market at 5.19%.

Recent market instability and US trade tariffs may have impacted your superannuation balance: here's what to do if your fund has taken a hit.

New Canstar research shows Australians with variable home loans are taking matters into their own hands after RBA rate hold.

Double hit for policyholders as April health insurance price hike coincides with rebate reductions. Find out how you can save.

After a rate cut in February, the board of the RBA is due to meet again on April 1 - here's what experts at the major banks predict.