This no-interest and no-repayment financing aims to disrupt Australia’s real estate investing
Sydney-based fintech startup MyBrix will be rolling out what it claims to be the world’s first “no-interest and no-repayment property finance&rdq...
What does CommBank's first-home buyer data reveal about the Home Guarantee Scheme?
First-home buyers participating in the Home Guarantee Scheme are able to improve their equity position since 2020 despite the rate hikes and market downturn,...
Cutting spree continues — check out the latest TD rate cuts, 18 August
Some providers continue to cut their term deposit rates over the week ending 18 August, but other still rolled out increases.
Can the impact of fixed-rate cliff explain the rise in new listings?
The rise in new property listings appears to be preparing the market for a warm spring-selling season — to what extent can this be explained by the bor...
This home loan has no monthly repayments — how does it work?
Midkey rolls out a “No Monthly Payments” home loan, a first-of-its-kind loan that allows Australians to take advantage of the equity in their hom...
How does Northern Inland Credit Union’s Capped Home Loan work?
Northern Inland Credit Union (NICU) has introduced a capped home loan, which provides borrowers with certainty against rising interest rates.
Mortgage rates rise sharply, outpacing RBA cash rate increases
Recent data collated by the RBA shows new variable mortgage rates outpaced that of the 25 basis point cash rate increase in June.
Deposit peak over? Banks continue to cut term deposit rates, 11 August
There seems to be a cutting spree among term deposit providers, reducing their rates over the past week.
Here’s why households and small businesses must contact their energy providers now
Australian homeowners and small businesses are urged to reach out to their energy provider as market prices for electricity exceed the regulated safety net.
Overdue trade payments reflect deteriorating business conditions
New research from illion showed how overdue trade obligations in high-risk industries were a strong indicator of the risk of business failure.
Teachers Mutual launches 5.50% savings account in quiet non-RBA hiking month
Teachers Mutual Bank and its subsidiaries launched a savings account featuring a 5.50% p.a. interest rate, one of the highest in the market.
RBA sheds light on how high deposit, lending rates have risen amid hikes
While banks have increased lending and deposit rates, it appears both have risen by less than the cash rate over the Reserve Bank of Australia’s tighte...
Check out these latest TD rate movements, 4 August
Some term deposit (TD) providers adjusted their rates by introducing several cuts over the week ending 4 August, while NAB and ANZ elected to increase.
Victoria records the greatest number of refinancers in FY 2023
The growth in refinancing activity trumped the increase in new home loans issued over the 2023 financial year, according to the latest PEXA Mortgage Insights...
Is the RBA done with rate hikes? Experts say it shouldn't be
Two of the top economists in Australia have said the RBA should not have left the cash rate on hold at 4.10%, because the softer economic data doesn't tell t...
Rate pause continues, leaving RBA cash rate at 4.10%
The Reserve Bank of Australia (RBA) decided to hold the cash rate again, leaving it at 4.10%.
Rate hikes keep refinancing levels high in June
The value of total home loan refinancing remained high, despite the monthly fall in June.
CBA launches digital refinance application, shaving approval times
The Commonwealth Bank has launched a digital refinancing application process, to make it quicker for homeowners to seek a better deal.
CommSec rolls out international share trading platform
CommSec has set up a new platform that will help Australians investors get access to 13 international equity markets.
Sharesies launches subscription service for share trading
Micro-investing app Sharesies has launched a subscription service starting at $5 a month.
Majors roll out changes to term deposit rates, 28 July
Three major banks rolled out increases in their term deposit rates, a week prior to the August monetary policy decision of the Reserve Bank of Australia.
...Does 6% inflation mark the end of the RBA rate hike road?
Inflation data released by the ABS shows a further fall in the CPI, down to 6% in the 12 months to June.
Credit demand slows as Aussies spend less amid rising costs
More Australian mortgage holders and auto loan borrowers are falling behind their payments as demand for credit slows down amid rising costs of living and in...
Mutual bank rolls out digital home loans for refinancers
Newcastle Permanent and Greater Bank’s merged outfit has rolled out digital home loans which is initially available to refinancers and will be offered ...
