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March 2, 2021

The RBA’s interest rate statement for March 2021

At its meeting today, the RBA Board decided to leave the cash rate unchanged at 0.10 per cent. Statement by RBA’s Philip Lowe: At its meeting today, the Board decided to maintain the current policy settings, including […]
February 15, 2021

What do I need to know about debt consolidation?

Not to confuse it with debt elimination. If you’re swamped with credit card debt and personal loans, it can sometimes help to talk to a professional about debt consolidation. However, you need to be wary. You might […]
February 2, 2021

The RBA’s interest rate statement for February 2021

At its meeting today, the RBA Board decided to leave the cash rate unchanged at 0.10 per cent. Statement by RBA’s Philip Lowe: At its meeting today, the Board decided to maintain the targets of 10 basis points […]
January 25, 2021

When would I refinance my mortgage?

Whenever it makes financial sense to do so. Heard about mortgage refinancing? In the past, most people who took out a mortgage doggedly continued with it until they had paid it off. These days, people refinance their […]
December 1, 2020

The RBA’s interest rate statement for December 2020

At its meeting today, the RBA Board decided to leave the cash rate unchanged at 0.10 per cent. Statement by RBA’s Philip Lowe: At its meeting today, the Board decided to maintain the current policy settings, including […]
December 1, 2020

How COVID-19 has impacted on Australia’s property market

The RBA’s September announcement that the interest rate remains unchanged comes as no surprise. After all, RBA Governor Philip Lowe told parliament last month that he expects the current record low 0.25% interest rate to stay in […]
November 4, 2020

Low rates, high risk? Is it time for first home buyers to enter the market?

With record low interest rates, a flattening housing market and repeated assertions from RBA governor Philip Lowe that a rates rise is not on the horizon, this may be the right time for first home buyers to […]
November 3, 2020

The RBA’s interest rate statement for November 2020

At its meeting today, the RBA Board decided to lower the cash rate by 15 basis points to 0.10 per cent. Statement by RBA’s Philip Lowe: At its meeting today, the Board decided on a package of […]
October 27, 2020

Now you own your data: the new world of ‘open banking’ explained

The promise of open banking is big; a new, simpler way to share your personal financial data between banks, lenders and financial companies. It started on July 1. Here’s how it works and what it means to […]
October 26, 2020

Remember the banking royal commission? Changes are coming your way

Had it not been for COVID-19, a number of royal commission-led changes to the banking and finance industry would already have been in place – with more to come in December. Here’s what that means for brokers […]