How the big four banks responded to the RBA rate cut

All of the big four banks have announced cuts to their home loan interest rates after the Reserve Bank of Australia (RBA) dropped its cash rate to a record low of 1% yesterday.

RBA rate cut July: Who’s passing on another cut?

For the second month in a row, Australia’s cash rate has been cut, but fewer banks and lenders are expected to fully pass on this month’s cut to home loan interest rates. Savings.com.au will keep you updated with the latest rate cut announcements.

RBA cuts interest rates two months in a row

The Reserve Bank has continued to shake up the status-quo, cutting the official cash rate by 25 basis points for the second consecutive month in a bid to stimulate the economy.

Banks vs credit unions vs non-banks: what’s the difference?

Not all banks are created equal. There can be a distinct difference between banking with a big four behemoth like CommBank compared to, say, an online-only non-bank lender, or a not-for-profit community bank in a surfing village.

Could you be sitting on a granny flat goldmine?

More than half a million home owners across Australia are sitting on ‘pots of gold’ and could be increasing the value of their property by up to as much as 30%, new research shows.