A Senior Finance Writer with RateCity, Liz Seatter is an experienced journalist and producer across the wide media landscape. Her background has seen her covering finance, property, economics, current affairs, and world news. Since 2004, Liz has worked for some of Australia's biggest mastheads, including Sky News, Nine News, Today, Weekend Today, as well as New Zealand's Newstalk ZB.
57 articles written by Liz Seatter
Westpac lowers serviceability floor to accommodate for low rates
Australia’s second largest bank, Westpac, has taken action to help some people borrow more from the bank and its subsidiaries.
No RBA cut but home-owners can save three times more by refinancing
The Reserve Bank has left the cash rate on hold today at 0.25 per cent but has left the door open to a future cut.
Home loan rates tumble in the last six months, despite no RBA cut
Australia’s banks have continued to cut home loan rates for new customers, despite no RBA cash rate move in the last six months.
CBA, Westpac, ING cut home loan rates as RBA cash rate speculation increases
CBA, Westpac and ING have all cut variable rate home loan rates as speculation of an imminent RBA rate cut increases.
$5.5 billion credit card debt wiped out during COVID
Australians have wiped a total of $5.5 billion of debt accruing interest from their credit cards since the start of COVID-19, a drop of 20 per cent.
No RBA cut likely, yet banks keep stinging savers
Savers are continuing to be stung by falling interest rates even though the Reserve Bank isn’t expected to cut the cash rate today.
Eight lenders now offering home loan rates below 2%
There are now eight lenders offering home loan rates under 2 per cent, with People’s Choice Credit Union today cutting its 1-year-fixed rate to 1.99 per cent.
Australians wipe $4.2 billion off credit card debt since COVID
Australians have wiped a staggering $4.2 billion dollars off the national credit card debt accruing interest since the COVID pandemic hit.
Savings rates keep falling as CBA, NAB and ING all make cuts
Savings rates continue to tumble, despite no move to the cash rate, with NAB the most recent big four bank to cut its rates today by up to 0.10 per cent.
Battle of the banks – Australia’s lowest variable rate hits 2.17%
Variable home loan rates continue to drop with Freedom Lend today, the new leader in the mortgage rate wars.