Check out the latest term deposit rate movers this week, 21 July
This week has seen various movements in term deposit rates — while Westpac reduced its 6-month special rates across its brands, other institutions are ...
Which lenders are increasing variable home loan rates despite the RBA hold?
Bendigo Bank and AMP were among several banks to increase variable home loan rates this week - at least for new customers anyway.
Will the impending peak in interest rates indicate a potential halt in surging rents?
The looming end to rate hikes could potentially bring a sigh of relief to renters who have been grappling with the skyrocketing rents.
Risk of defaulting on the rise among Australian borrowers
Illion's Credit Stress Barometer suggests that the likelihood of Australian borrowers defaulting on their loans is on the rise.
More Aussies to receive $500 in matched savings through nationwide rollout of ANZ's Saver Plus
After assisting over 57,000 Australians since 2003, ANZ-backed Saver Plus is now available across the nation with up to $500 on offer for eligible participan...
How non-bank lenders are helping borrowers amid rate hikes
Australian borrowers are increasingly turning to non-bank lenders for their home loan needs, but what do they actually provide amid a rising rate environment...
How you can save on your energy bills this winter
On 1 July, electricity and gas prices rose by up to 25%, so saving as much as you can on your bills is more important than ever.
Find out the latest term deposit rate movers this week, 14 July
Several term deposit providers, including ANZ, rolled out increases in their rates for regular and business term deposits.
ANZ holds firm on stress test amid changes from other majors
ANZ currently has no plans to ease its stress test even if all other majors have already rolled out changes to help refinancers.
Which lenders are increasing their variable rates despite the July RBA hold?
Despite the pause in rate hikes, some lenders are starting to make out-of-cycle increases in variable rates this month.
Capital cities mark longest stretch of rental growth
The property market conditions continue to be favourable to existing investors as rents reach historic highs.
Fixed home loan rates more competitive than variable - is it time to lock it in?
The latest RBA data suggests owner occupiers that opted for a fixed rate for three years or fewer in May got a better deal than those that opted for a variab...
Mortgage competition, house price rises pose a consumption headache for the RBA
Despite a pause to the cash rate in July so the RBA can look around, household wealth, consumption and property price gains are proving a headache for the ce...
Competition continues to heat up in term deposits despite RBA hold
Competition remains exciting among term deposit providers, with Firstmac and Judo Bank reasserting themselves as the leader in terms of offering the highest ...
RBA leaves cash rate untouched in July
The Reserve Bank of Australia holds the cash rate as it finds the June economic data not definitive enough to warrant an increase.
Mortgage borrowers continue to switch lenders at near-record levels
The value of new loans and refinancing commitments for housing rose in May, with the latter even reaching a new high in the owner-occupier sector.
Time to lock-in a term deposit? Interest rates could be near the peak
Over the past week, providers like Firstmac and Judo Bank unveiled the industry’s highest rate for 12-month term deposits.
How long did it take for property prices to double?
Australian home prices took more than 15 years to double based on the current median for May 2023.
CommBank defies other majors' expectations, says RBA will hold in July
CommBank is expecting the Reserve Bank of Australia (RBA) to leave the cash rate on hold in July before making one final hike in August.
July rate hike still possible despite drop in inflation
While the Consumer Price Index (CPI) for May 2023 showed a significant deceleration, the Reserve Bank of Australia (RBA) might still push through with a rate...
Are car loan rates being impacted the same way as home loan rates?
The upwards trajectory of cash rate appears to be affecting mortgages more than personal loans, particularly car loans. But is this really the case in the cu...
Which suburbs boast high mortgage serviceability amid rate rises?
A report from PropTrack listed 20 suburbs with the most serviceable mortgage for houses and units.
Which providers joined the 5% club for 12-month term deposits?
Australians chasing high returns on term deposits (TD) are now spoiled with more choice as several providers joined the 5% club for 12-month TDs.
Insurance providers to return $815m to customers: ASIC
The corporate regulator has slammed Australian insurance providers for failing to deliver on their price promises, costing customers hundreds of millions.
