In a bid to determine whether or not Australia’s lenders were appropriate to move their rates independently of the cash rate, the Reserve Bank of Australia has launched an investigation into the true cost of funds. Read more
Finance
News and updates on all things finance. We look at all issues that affect you and your mortgage whether you are a first time home buyer, looking to refinance or an investor.
Cup Day & Cut Day - The RBA Cuts Rates by 0.25%
For the second consecutive year the Reserve Bank of Australia has upstages the Melbourne Cup. Read more
11 – 0: The RBA Keeps Rates on Hold for the Eleventh Straight Month.
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 Claytons Rate Hike
The interest rate ‘hold’ decision today marks ten straight months of flat rates; the most stable interest rate environment for five years. Anyone would be forgiven to raise an eyebrow at that; the spectre of an interest rate rise has been lurking since at least March when inflation once again moved above 3%. Read more
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