Coronavirus & mortgage assistance from the banks
Australian banks have offered assistance to current mortgage clients, in light of the Covid-19 virus. Here is a summary of …
Interest rates cut by 0.25% for Australian mortgages
The Reserve Bank has taken the official cash interest rates in Australia to a record low of 1.5% after cutting …
Australian interest rates cut by 0.25 percent in February 2015
Australian mortgage interest rates were cut by an average quarter of a percent (0.25%) in February, after the central bank …
December 13 Australian Interest Rate Review
Recent interest rate cuts designed to depreciate the Aussie dollar might be under threat with fears of over-stimulating the housing …
Australian Reserve bank Interest rate watch – December 2012
Today the Reserve Bank of Australia made a decision to cut cash rates by 0.25% – after cutting rates in …
Australian Reserve Bank Interest rate watch – October 2012
After cutting rates so far this calendar year by 75 basis points (0.75%) in May and June, the board decided …
Aussie banks hold back rate cuts
In response to the 1 May Reserve bank meeting, as of today, 11 May all 4 major banks have announced …
Australian Reserve Bank Interest rate watch – May 2012
After 4 months of no changes to the cash rate since December (when the cash rate was lowered by 0.25%) …
Major Australian banks act independently to hike interest rates
In an unprecedented move, major banks ANZ and Westpac, of course acting independently, decided today that despite the Reserve Bank …
Home Loans Continue to Rise
The number of home loans approved has expanded for the seventh consecutive month. Although this latest rise is only around …