The ANZ bank announced a 0.27 percent interest rate cut to its standard variable home loan on Friday 10 May, going over and above the 0.25 percent rate cut announced by the Reserve Bank of Australia (RBA), reports Fairfax Media.
Read More
Home loan owners will be rejoicing over yesterday's news of the Reserve Bank of Australia's (RBA) decision to cut interest rates by 0.25 percent to a new record low of 2.75 percent. However the news is also highlighting a number of concerns.
Read More
All eyes will return to the Reserve Bank of Australia (RBA) on Tuesday when it makes its May interest rate decision, while those with home loans will be cheering for a rate cut, any cuts could have an impact on the Aussie dollar's exchange rate.
Read More
According to the latest research by Mozo, when it comes to their banking products, Australians are most unhappy with their personal loans but when it comes to making a switch and saving money, the rich switch while the poor stick.
Read More
While interest rates on home loans may currently be at record lows, there is another issue facing Australia's housing market that the Housing Industry Association (HIA) is now hoping to have addressed.
Read More