Is my bank or lender required to pass on rate cuts?

After weeks of speculation about a potential rate cut, the Reserve Bank of Australia (RBA) has officially lowered the cash rate to 0.10 per cent.

Banks axe savings rates as RBA tipped to make Melbourne Cup Day rate cut

Thirty-one banks across Australia, including the likes of Westpac and ANZ, have trimmed savings rates in the past two weeks, according to RateCity data.

Some of the best owner-occupier home loans in October 2020

The first recession in 30 years has done little to dampen the spirits of home loan borrowers.

The incentives available to Australian first home buyers, state-by-state

First home buyers are out in full force despite COVID-19, and that may well be thanks to the many financial incentives available to them.

ANZ reduces savings and term deposit interest rates

ANZ has shaved rates on some of its savings and term deposit accounts, as savers continue to feel the pinch from low interest rates.

Financial stress due to COVID-19 easing but still rife

Money worries due to COVID-19 are easing for many households, but not everyone is out of financial strife yet.

First home buyers could lose out due to higher interest under government scheme

What first home buyers could save by purchasing a new property under the First Home Loan Deposit Scheme won’t be enough to offset the extra interest costs they could be facing over the life of the loan.

The four numbers you need to know in your life

Many Australians are not across some of the most important numbers in their lives, which can have serious financial implications.

Homes could sell at a loss as time ticks for struggling borrowers with mortgage deferrals

More property owners could be facing losses when selling this year as mortgage repayment deferrals come to an end, though investors may be more susceptible to risk.

Federal budget 2020: job switchers to automatically keep super accounts

Australians will have their super accounts “stapled” to them as they move jobs, but concerns have been raised that workers could find themselves trapped in an inferior fund.