NAB to offer 5% savings account after latest rate hike in major-bank-first
NAB was the first bank to fire the shot after Tuesday's RBA cash rate increase, and along with a slew of rate hikes, one savings account rate will be pushed ...
Is the latest RBA hike one too many for mortgage holders?
The Treasurer said a 25 basis point rate hike will make life hard for Aussies "already doing it tough", but an economist says the "harsh reali...
RBA increases rates to 4.35%
A 25 basis point increase means the cash rate is now at 4.35%, the highest since November 2011.
RBA gearing up to hike rates tomorrow: Experts
The nation is on track to come to a halt twice tomorrow: Once for the 163rd running of the Melbourne Cup and once m...
Term deposit rate wrap, November 3th
If you’re in the market for a new term deposit facility, you might have found yourself in luck.
Home loan rate changes, October 30th-November 3rd
Some of Australia's biggest lending institutions moved home loan rates this week, both up and down, ahead of Tuesday's RBA meeting.
Lending and credit growth is weak, so why are home prices skyrocketing?
The growth of lending volumes and credit in the system used to generally track dwelling price growth, but lately they've decoupled - CBA economists have expl...
CommBank hikes interest rates on certain credit cards
Australia’s largest bank has increased the interest rates charged to those carrying a balance on its credit c...
Property prices rebound to pre-rate hiking peak
Australian property prices rose another 0.9% through October, and despite some signs of the rate of growth slowing, underlying conditions point to affordabil...
75% of Aussies plan to slash spending this Christmas as rate hike looms
More Australian shoppers are setting their sights on a cheaper holiday season in 2023 amid data suggesting the Rese...
CommBank to offer interest free finance on solar systems
CommBank has partnered with solar and battery provider UPowr to offer interest free finance on solar systems as part of its new InstalPay product.
Renters beware: Vacancy rates crash to record low while prices soar
The supply of new rentals continued to decline amid roaring demand, driving prices skywards, a new report has found...
The lenders that changed home loan rates this week, 27 October
Major bank NAB headlined a relatively subdued week of home loan rate movements. Another prominent bank to shake things up was AMP.
Term deposit rate wrap, October 27th
This week saw a couple of term deposit providers cut rates, but Aussies will be gearing up for some big upcoming increases now a cash rate hike in November i...
Never doubt the dove: Bullock playing horsey with tough talk on rate rises
COMMENT: In less than 48 hours, RBA Governor Michele Bullock's language has changed ever-so-slightly around inflation and the central bank's blunt instrument...
Bendigo Bank white labels new NRMA home loans product
Bendigo Bank has expanded its footprint, white labelling yet another home loan product - this time from insurance giant NRMA.
Electrification could reduce Australian households’ energy bills by $450 annually
Removing gas from the energy mix of Australian homes could save households $4.9 billion each year, or around $450 p...
Party over? Two top savings account providers lower rates
From Tuesday 24 October, two market-leading rates in savings account land will decrease by 10 basis points.
BNPL's last gasp draws ire of financial counsellors
COMMENT: Afterpay's move to a subscription model didn't do much to move the needle on payments innovation, but drew the ire of industry heads and financial c...
Michele Bullock vows RBA ‘will not hesitate’ to hike interest rates
Recently-crowned Reserve Bank of Australia (RBA) governor Michele Bullock has promised the central bank’s boa...
Will the upside surprise in inflation be enough to sway the RBA?
Compared to the September quarter in 2022, the consumer price index rose 5.4% which came ahead of forecasts and has the RBA rankled.
Where to find cheap rental properties
With median rents in Australia's capital cities rising more than 10% in the year to September, seeking out the suburbs where rental rates are lowest can mean...
These banks and lenders altered home loan interest rates this week
There were plenty of home loan interest rate moves this week, with one mutual bank slashing variable rates by as much as 35 basis points.
Term deposit rate wrap, October 20th
It was a relatively quiet week for term deposit rates, but several of Australia's largest banks still altered rates.
