Home Loan News

Quarterly inflation hits zero, May RBA rate cut looks more likely

Australia’s latest set of inflation figures have underwhelmed economists, sparking fierce calls for the nation’s central bank to cut interest rates as soon as next month.

By Dominic Beattie ● April 24, 2019

Remaining majors join fixed-rate cut trend

Majors and non-majors are scrambling to keep their rates competitive after Westpac and CBA recently implemented significant rate cuts.

By Emma Duffy ● April 23, 2019

RBA rate cuts ‘may have to wait’: March employment data smashes expectations

Despite Australia’s unemployment rate rising 0.1% points to 5%, employment growth in March was relatively strong, surprising many economists.

By Dominic Beattie ● April 18, 2019

Real unemployment figure jumps to 10.9%

The number of unemployed Australians has skyrocketed to 10.9% according to Roy Morgan Research.

By Emma Duffy ● April 17, 2019

RBA: Cash rate cut ‘appropriate’ if unemployment rises amid stagnant inflation

Members of Australia’s Reserve Bank Board are strongly considering the prospect of cutting the cash rate should Australia’s economy experience rising unemployment in the absence of rising inflation.

By Dominic Beattie ● April 16, 2019

86 400 ‘one step closer’ to launching its first home loan

Would-be bank 86 400 is readying the launch of its home loan offering after securing national distribution with a major mortgage broker network.

By Dominic Beattie ● April 15, 2019

Under pressure: the Australian middle class is in trouble

A global report by the OECD has revealed the Australian middle class is struggling compared to other countries, with 40% of them financially at risk.

By William Jolly ● April 12, 2019

Suncorp’s new fixed home loan rates among the lowest on the market

Suncorp Bank is now offering fixed home loans with some of the lowest advertised interest rates on the market.

By William Jolly ● April 11, 2019

Commonwealth bank, Bendigo Bank drop home loan rates

Two of Australia’s biggest lenders, Commonwealth Bank and Bendigo Bank, have dropped interest rates on some of their key home loan products.

By William Jolly ● April 10, 2019

Household lending up 2.6% in February, smashing expectations

The value of new lending commitments to households was up by 2.6% in February in seasonally adjusted figures, data from the Australian Bureau of Statistics (ABS) shows.

By Emma Duffy ● April 09, 2019

Let us come to you. Get Savings in your inbox.

Let us come to you.
Get Savings in your inbox.