Can customer-owned banks keep pace with rate cuts?

With interest rates on many savings accounts and term deposits already at or approaching 0% p.a, many banks, particularly small customer-owned institutions, are expected to struggle to pass on future rate cuts to home loan customers.

Petrol prices set to skyrocket after Saudi Arabia attack?

Global oil prices have surged following attacks on Saudi Arabian oil production, leaving motorists wondering whether it’s a good idea to fill up their car now ahead of an inevitable rise in petrol prices.

First Home Buyer 5% Deposit Scheme hits parliament

Consultations with lenders regarding their participation in the Federal Government’s new First Home Loan Deposit Scheme are due to begin following the introduction of draft laws.