Finance News - October 2nd Has National Australia Bank reduced home loan interest rates? 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...
Finance News - October 1st Cut to the chase - RBA rate cut econo-speak decoded 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’...
Finance News - October 1st 12 weeks to go: Save now and have a very merry Christmas 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...
Finance News - October 1st RBA cash rate cut: But will your lender pass on the home loan rate relief? 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...
Finance News - September 30th There could be a cash rate cut tomorrow, but are the experts on the money? 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...
Finance News - September 27th Will today’s generation of young people get their slice of the ‘Great Australian Dream’? 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...
Finance News - September 26th False hope: Do lower serviceability floor rates help borrowers? 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...
Finance News - September 26th The surprising expenses that could cost you a home loan 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...
Finance News - September 26th NAB fee blitz: Over 100 fees removed for bank customers 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...
Finance News - September 24th ANZ saving rates edge mighty close to zero, a week out from potential cash rate cut 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...