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Media Releases

Rates on hold – prepare ahead for rate hikes

6th of May 2014

Record low rates continue for at least another month, with the Reserve Bank of Australia leaving the cash rate on hold at 2.5 percent for the eighth consecutive board meeting (9 months).

Refinancing soars as rates remain on hold

5th of 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 of 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.

Aussies waste $1b in unnecessary account fees

3rd of 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?

24th of 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 of 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 of 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 of 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.

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