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.

ASIC looks to end dodgy bank products

The Australian Securities & Investments Commission (ASIC) is reviewing how to use new powers allowing it to stamp out financial and credit products it perceives as damaging for consumers.

Who’s passed on the RBA rate cut to term deposits?

With Australia’s central bank cutting interest rates this week, much of the focus has been on home loan rates – but plenty of institutions have been quietly moving term deposit rates too, and not all of them have been cuts either.