October RBA rate cut all but confirmed

Reserve Bank of Australia (RBA) Governor Philip Lowe has given his strongest indication to date that the cash rate will be cut again in October.

New trends emerge among first home buyers

Australians have become more pragmatic when buying their first home, with many looking at buying a small apartment and trading up within five years.

The ACCC wants another banking inquiry

ACCC chairman Rod Sims has reportedly sought approval from Treasurer Josh Frydenberg to conduct another inquiry into banks, according to government and regulatory sources.

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.