Economy

Rismark Home Value Index Release   Read more

 Less than 24 hours after Citibank announced it would cut the interest on its three year fixed rate to 6.25% and a free rate lock for 60 Days.   Read more

The big four banks are capable of cutting interest rates on loans in April while protecting their profits thanks to lower funding costs.  Read more

The RBA kept rates on hold, again, as expected in October, but is progressively becoming more dovish in tone. The RBA has now hinted at the possibility of cutting rates if needed.   Read more

The Dow Jones fell over 600 points, the worst single day fall since December 2008. At the close the index had lost just over 5.5%. The collapse came on the back of Standard & Poor’s downgrade of U.S. debt and government backed mortgage debt.  Read more