RBA

Why are home loans rates climbing when the cash rate is still 0.10%?

A fair number of lenders raised rates on home loans this week, including Bankwest, Newcastle Permanent, and Greater Bank. But why?

By Harrison Astbury ● April 16, 2021

Credit card debt up by $6.6 million in a month

Reserve Bank data indicates total Australian credit card debt was $20.85 billion in February 2021, up $6.6 million from January.

By Harrison Astbury ● April 07, 2021

RBA holds cash rate steady at 0.10% in April

At its post-Easter meeting today the Reserve Bank held the cash rate steady at 0.10%.

By Harrison Astbury ● April 06, 2021

NZ tries to rein in its runaway housing market. Will Australia follow?

New Zealand is phasing out tax loopholes and has increased capital gains tax on investment properties, while building a slew of new residential dwellings.

By Harrison Astbury ● March 24, 2021

Reserve Bank hints at its own digital currency

In a conference speech today, Reserve Bank Governor Dr Philip Lowe said the central bank is considering its own digital currency.

By Harrison Astbury ● March 15, 2021

RBA leaves cash rate on hold at 0.10% in March

At its meeting today, the Reserve Bank has left the cash rate on hold at 0.10%.

By Harrison Astbury ● March 02, 2021

Credit card debt fell 25% in 2020, but rose in December

Aussies collectively paid off more than a quarter of their credit card debt over 2020, but were less disciplined in December.

By William Jolly ● February 08, 2021

Credit cards show signs of life after busy Black Friday period

Credit card reports from Citi, Westpac, and CommBank all showed a sharp uptick in credit card use in late November.

By Harrison Astbury ● December 09, 2020

RBA says no to Christmas cash rate cut

After last month's highly anticipated rate cut, the Reserve Bank has held the cash rate at 0.10% in December, as was expected.

By William Jolly ● December 01, 2020

RBA warns against ending stimulus measures early

Social groups have been loud and clear about the dangers of ending stimulus early, and today Reserve Bank Deputy Governor Guy Debelle said the same.

By Harrison Astbury ● November 24, 2020

Refinance home loans.Rates from 1.69% p.a.

Low-rate car loansRates from 3.94%

Savings ratesof up to 1.50%

Term deposit ratesof up to 1.60%

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

Refinance home loans.
Rates from 1.69% p.a.

Low-rate car loans
Rates from 3.94%

Savings rates
of up to 1.50%

Term deposit rates
of up to 1.60%

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