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Media Releases

RateCity urges more Australians: make the most of your tax returns!

1st of July 2013

RateCity’s Tax Time Sentiment Survey shows many still cautious to spend money. But almost just as many Australians not planning to save or pay down debts with tax returns. RateCity shows how Australians could be missing out on thousands of dollars by not making the most of your tax returns!

Most credit card holders miss out on latest rate cut

20th of June 2013

Only 13 out of 222 personal credit cards dropped rates since May 7 rate cut. Credit card demand slowed: 1 in 3 electronic purchases are with credit cards. Competition at the top end: card holders can find their own discounts by comparing deals online!

First home buyer splurge: cheaper now but paying for it later!

28th of May 2013

RateCity's First Home Buyer Affordability Index shows more affordable than 12 months ago. But new borrowers taking on more debt. Cost escalates with higher rates: $400,000 mortgage costs extra $108,716 in interest than $300,000 loan over 30 years. National and state-by-state breakdown

RateCity Rate Alert: 3rd lender to drop more than RBA

13th of May 2013

39 lenders announced variable rate cuts since RBA cash rate drop last week. Macarthur Credit Union 3rd lender to drop more than RBA – by 0.26 percentage points. Will more lenders pass on bigger cuts than RBA?

RateCity Rate Alert: 24 lenders announce rate cuts

9th of May 2013

20 lenders will pass on RBA’s full 0.25% to standard variable rates. Greater Building Society to cut by 0.30%: first lender to cut rates lower than RBA cash rate. Rate cut “game-changer”: borrowers warned to compare home loans online!

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