Larry Fink says 30-year fixed rate mortgages could change Australia
BlackRock CEO Larry Fink says 30-year fixed rate mortgages could supercharge Australian economic growth and dynamism. And he ...
Cash returns fall to zero as RBA slashes interest rates
Aussie savers already been going backwards will fall further behind following the Reserve Bank’s move to cut rates.
Australia's ANZ's impaired assets rise in the first quarter, shares fall
ANZ Group , Australia's fourth-biggest lender, said on Thursday that asset impairments jumped to their highest levels since ...
Armed robbery in Revesby1d
Interest Rates Slashed, But Not All Benefit
The Reserve Bank's decision to cut interest rates for the first time in four years has triggered a round of celebration.Author Isaac Gross Lecturer ...
More than 500,000 Australian households get an RBA rate cut for the first time
The Reserve Bank’s decision to cut interest rates will be a shot in the arm for Australian households as the major banks ...
thenightly2d
RBA interest rates: Here’s how much you’ll save after the central bank finally delivered home loan relief
At last, after the harshest rate-hiking cycle in a generation, there’s finally a reason to rejoice. Home loan customers are ...
Reserve Bank cuts interest rates to 4.1 per cent after 13 rate hikes — as it happened
The Reserve Bank cut interest rates on Tuesday afternoon for the first time since November 2020, after keeping rates on hold at 4.35 per cent for more than a year.
Did the ASX 200 banks pass on the RBA rate cut in full?
ASX 200 bank shares closed lower after the Reserve Bank of Australia cut official interest rates by 0.25% today.
Townsville Bulletin4d
Deposit rate decline: The new risk facing investors
A rate cut from the RBA this week will ring the bell for the end of a long period when “risk-free” savings rates offered by ...
The Citizen5d
Consumers warned against taking on more debt despite third repo rate cut
It is better not to use the few rands you save on interest to pay for more credit but rather save it or use it to repay ...
How homeowners are allowing banks to rip them off by up to $10,000 a year
Homeowners are blindly allowing the banks to rip them off by up to $10,000 a year by failing to shop around for a better ...
Cantech Letter7d
What calculation method does Australia use for inflation rate?
Australia measures its inflation rate primarily using the Consumer Price Index (CPI), which is calculated by the Australian ...