millennials save money

RBA rules out negative interest rates

Australia's central bank has further explained the motivations for its second cash rate cut in March, and ruled out negative interest rates in the process.

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millennials save money

Morrison Government announces six-month moratorium on rental evictions

The Prime Minister announced a six-month moratorium on residential and commercial evictions on Sunday night.

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Nearly half of Australian businesses negatively affected by coronavirus

New data has revealed 49% of Australian businesses have already been negatively affected as a result of COVID-19.

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How will the ban on auctions and open houses affect the Australian property market?

Prime Minister Scott Morrison announced on Tuesday night a restriction on in-room auctions and open house inspections.

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Students on Youth Allowance entitled to extra $550 coronavirus stimulus payment

The government has included students on Youth Allowance, Austudy and Abstudy in the COVID-19 stimulus package.

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Government announces second round of deeming rate cuts

Prime Minister Scott Morrison has announced further cuts to the deeming rates.

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House prices in Australia could drop up to 20% due to coronavirus

A new report has found a 'worst case' scenario for COVID-19 could have a devastating effect on house prices.

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RBA Governor explains emergency rate cut and outlines future coronavirus impact

The head of Australia's central bank has given a speech on the motivation behind Thursday's emergency cash rate cut.

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How did ANZ, Commbank, NAB and Westpac respond to the emergency March rate cut?

Australia's central bank has cut the cash rate twice in a month for the first time ever: So how did the big four banks respond?

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millennials save money

RBA implements quantitative easing in Australia for the first time

Australia's central bank today announced it would use the full extent of its monetary policy powers to stem the economic fallout from COVID-19.

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