ANZ and RAMS shearing more points off savings account rates

As the ongoing interest rate on ANZ’s online saver account approaches zero, one of Australia’s highest-rate accounts will also have its interest rate cut tomorrow in spite of the Reserve Bank’s decision to hold the cash rate steady this month.

NAB says RBA may cut interest rates to near zero

NAB economists have changed their mind on the Reserve Bank outlook and now believe the RBA could cut the cash rate to as low as 0.25% by mid-2020 unless there is “meaningful stimulus”.

Cash rate on hold again in September

The official cash rate has been held at 1.00% for the second consecutive month, the Reserve Bank confirms.

Consumer finances at record highs: ANZ

Australian consumers are feeling better about the current state of their finances than they have in over a decade, according to the latest ANZ-Roy Morgan survey.

Reserve Bank keeps cash rate steady

The Reserve Bank has decided not to go for the hat-trick of rate cuts and has instead maintained the official cash rate at 1.00%.

RBA rate hold August: Get your own rate cut

Australia’s cash rate has not been cut again this month, which means if you want a rate reduction on your home loan, you’ll have to do it yourself.