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LATEST NEWS
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January 25, 2021
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
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
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
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
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
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 22, 2020
In late June, during an online panel discussion hosted by ANU’s Crawford School of Public Policy, RBA Governor Philip Lowe said what many had already assumed: “I think it’s likely we’re going to see interest rates at […]
October 21, 2020
Australia’s cash rate is now the lowest it has been in 23 years, a reaction initially to stunted economic growth and now to the impact of COVID-19 on the local and global economic landscape. As the uncharted […]
October 20, 2020
It’s never a bad idea to have a little help managing your money – and when you’ve got monthly mortgage repayments to make, balancing the books is extra important. There’s a great range of apps and tools […]
October 6, 2020
At its meeting today, the RBA Board decided to leave the cash rate unchanged at 0.25 per cent. Statement by RBA’s Philip Lowe: At its meeting today, the Board decided to maintain the current policy settings, including […]