No Cup Day cash rate cut from the RBA

Australia’s central bank has not cut the cash rate at this month’s meeting, instead keeping it on hold at 0.75%.

UBank, Westpac, Teachers Mutual & others chop home loan rates below 3%

It’s been a big year for home loan rate cuts, and with the RBA not expected to cut the cash rate again till next year, this week’s cuts by Westpac, UBank, St George, Bank of Melbourne and Teachers Mutual Bank could be among the last we see in 2019.

Loans.com.au cuts fixed rates below 3%

Leading online lender Loans.com.au has slashed its fixed interest rates by 20 basis points across the board, bringing some of its fixed rates below 3% for the first time.