RBA

Former ACCC Chair urges borrowers to consider non-bank lenders

If you’re wondering why your bank hasn’t passed on interest rate cuts in full, former ACCC Chair Graeme Samuel says fed up borrowers should take their business to smaller lenders.

By Emma Duffy ● October 15, 2019

Treasurer announces ACCC inquiry into mortgage prices

Treasurer Josh Frydenberg has today asked Australia’s competition watchdog to conduct an inquiry into the banking sector’s refusal to pass on recent interest rate cuts in full to its customers.

By William Jolly ● October 14, 2019

86400, Up Bank and BOQ the latest to cut interest rates on savings accounts

New digital banks 86 400 and Up Bank, plus Bank of Queensland have all slashed the interest rates on their market-leading savings accounts.

By Emma Duffy ● October 11, 2019

UBank cuts savings rate by 31 basis points

Popular online bank UBank has slashed the interest rate on its savings account products by 31 basis points – more than the official cash rate cut.

By William Jolly ● October 11, 2019

ANZ, CBA, NAB and more cut fixed rates post-cash rate change

While much of the focus has been on variable rates, there’s been plenty of cuts to fixed rates following the latest cash rate cut.

By William Jolly ● October 08, 2019

“Smaller lenders have actually done the right thing”: Treasurer Josh Frydenberg throws shade at the big four

Treasurer Josh Frydenberg has slammed the big four for not passing on the rate cut in full, as smaller lenders seize the moment.

By Emma Duffy ● October 04, 2019

Cash rate falls to 0.75%

The Reserve Bank of Australia has cut the official cash rate by 25 basis points to a new low of 0.75% in its October meeting today.

By William Jolly ● October 01, 2019

RBA Rate Cut October: Which home loans are getting the cut?

Australia’s cash rate has been cut for the third time in four months. Savings.com.au will keep you updated with the latest home loan rate cut announcements from some of the nation’s most popular lenders.

By Dominic Beattie ● October 01, 2019

ING cuts fixed home loan rates ahead of Reserve Bank’s widely tipped interest rate cut

Popular online lender ING has jumped the gun, cutting rates on a number of its fixed home loan products for owner-occupiers and investors by up to 75 basis points.

By Emma Duffy ● October 01, 2019

NAB, ANZ, Westpac & more: The banks who cut term deposit rates in September

More than 50 banks made changes to their term deposit rates this month, with the vast majority of these changes being cuts.

By William Jolly ● September 27, 2019

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