The average Australian home just got $4,000 dearer in a month
CoreLogic's Home Value Index report in February found the average value nationally was $549,918, versus $545,622 in January.
March 02, 2020
Hume Bank, Summerland Credit Union, ME Bank cut home loan rates
Customer-owned institutions led the charge this week in cutting rates on home loans, with one cutting by as much as 25 basis points.
February 28, 2020
BP allowed to rev up Qantas points program
The ACCC today allowed Qantas and petrol giant BP to team up and offer BP Rewards and Frequent Flyer rewards for five years.
February 27, 2020
Say baaaaa bye to your RAMS 2.00% p.a. savings account
Westpac-owned RAMS will cut its savings rate by 10 basis points to 1.90% p.a, effective Friday 28 February.
February 26, 2020
Bad credit ratings can cost borrowers an extra $177,000 in mortgage repayments
Credit ratings provider Credit Simple found a bad credit rating can cost an extra $177,607 in repayments over a 25 year home loan.
February 25, 2020
It takes first home buyers 44 hours to find a property
It takes longer than the average working week for first home buyers to find their 'dream' property, according to new research from St. George.
February 24, 2020
ANZ slashes fixed home loan rates by up to 86 basis points
ANZ has today made a raft of cuts to its fixed rate home loans for both investors and owner-occupiers by as much as 86 basis points.
February 21, 2020
Unemployment is now 5.3%, heightening chance of RBA rate cut
Unemployment data for January released by the ABS today is up 0.2% to 5.3%.
February 20, 2020
Real wages fell in the December quarter by 0.2%
Wages rose 0.5% in the December 2019 quarter, while inflation was 0.7% in the same period.
February 19, 2020
RBA hints another rate cut could happen by mid-2020
Despite better than expected unemployment figures and the recent acceleration in home loan lending, Australia's central bank has left the door open to a rate cut in 2020.
February 18, 2020
