CPI comes in lower than expected but rate pause not out of the question

Australia’s Monthly Consumer Price Index Indicator has dropped to an annual rate of 5.6 per cent for May, down from 6.8 per cent recorded in the previous month.

Changes afoot across housing, energy and super from 1 July 2023 – what it means for your hip pocket

A raft of changes are coming into effect from 1 July, as new policies, prices, thresholds and eligibility criteria move into the new financial year.

The hikes keep on coming: CBA and Westpac increase new customer rates… again

Australia’s two biggest home loan lenders, CBA and Westpac, have increased new customer variable rates by up to 0.15 percentage points.

CBA follows Westpac by slashing stress test for refinancers – with a catch

Australia’s biggest bank, CBA, has announced it will lower the stress test on select refinance applications from 3 percentage points to just 1 percentage point.

Westpac bows to pressure, announcing savings rates hikes

Westpac has this afternoon announced it will be increasing the rates on select savings accounts, effective 20 June, following last week’s RBA rate hike announcement.

CBA, NAB and ANZ increase savings rates

Three of the big four banks, CBA, NAB and ANZ, have increased their savings rates today on the back of the June RBA cash rate announcement.

June RBA variable hikes kick in as CBA piles on extra for select new customers + CBA, NAB and ANZ fixed rate moves

Borrowers with a CBA, NAB or ANZ variable mortgages will see their interest rates rise by 0.25 percentage points today, as the RBA’s June hike from last Tuesday takes effect.