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Media Room

Media Enquiries
Laine Lister: +61 2 8096 9491
Media Releases

Savings rates heat up despite cash rate freeze
1st April, 2014
Competition in the savings space is heating up, new research from Australia’s leading financial comparison site, RateCity (, shows.

Refinancing soars as rates remain on hold
4th March, 2014
With the cash rate left on hold again at today’s Reserve Bank board meeting, marking 7 months unchanged at 2.5 percent, more Aussie home owners are seeking rate cuts of their own by refinancing, research shows. A analysis of Australian Bureau of Statistics figures shows the number of owner occupiers refinancing their home loans was up by 17 percent to $27 billion in the first half of the 2013-14 financial year.

Men vs women: who is smarter in money matters?
20th February, 2014
To gain insight into the way Australians approach and handle their personal finances, Australia’s leading financial comparison website RateCity ( has released an extensive consumer study, uncovering the impact money has on relationships, health and wellbeing.

Rates on hold for now – will next move be up?
4th February, 2014
At its first meeting of the year, the Reserve Bank board has kept the cash rate on hold at 2.5 percent, amid growing expectations that a rate hike is looming.

Aussies waste $1b in unnecessary account fees
3rd February, 2014
Australians are wasting more than $1 billion in transaction account-keeping fees each year, according to new research from Australia’s leading financial comparison website, RateCity (

More reason to fix your home loan?
23rd January, 2014
Despite recent optimism for a New Year interest rate cut, latest inflation figures have damped enthusiasm, according to RateCity.

What do you know about your credit history?
14th January, 2014
Whether signing up for a mobile phone plan, a business loan or a home loan, approval can come down to one thing: a person’s credit history. But many Australians have never checked their credit file, nor do they have a clue how to do so.

How to keep balanced these holidays
23rd December, 2013
With more than 15.5 million credit cards currently in circulation, and an average of $22 billion spent on credit card purchases every month in the past year, it’s fair to say Australians are fond of paying with plastic. If used correctly, credit cards can be an incredibly useful tool. But there are common credit card traps that can turn spending into bad debt – particularly at this time of the year, according to RateCity.

Make the most of low interest rates
17th December, 2013
With Australia’s official cash rate at a record low of 2.5 percent, some Australian home owners are enjoying lower mortgage repayments than ever.

Australian kids behind on financial education?
10th December, 2013
Australia is now out of step with global leaders when it comes to financial literacy at a school level, according to RateCity.

Rates on hold…indefinitely so for credit cards?
3rd December, 2013
The Reserve Bank of Australia passed on the last chance for the year to boost borrower confidence before Christmas, by keeping the official cash rate on hold at 2.5 percent today.

Aussies' $10.7m 'gift' to banks
25th November, 2013
Credit card users owe a massive $48.8 billion on their cards, with more than $34.2 billion accruing interest, latest Reserve Bank figures show. And RateCity estimates that plastic debts will balloon by 2 percent in January as the nation deals with Christmas spending hangovers.

Fixed rates rise further in November
21st November, 2013
A growing number of institutions are increasing the interest rates on their fixed home loans – a move that shows their hand on where they think the market might be heading.

How government can really help first home buyers
15th November, 2013
Despite record low interest rates, first home buyers now account for less than 10 percent of all new home loan dollars financed – a record low. Yet an opportunity to support a savings initiative for first home buyers is going to waste, according to Australia’s leading financial comparison website, RateCity (

Fixed rates: have borrowers missed the lowest point?
8th November, 2013
After two years of ongoing interest rate cuts, which have pushed interest rates to an all-time low, has the rate reprieve for home owners come to an end?