Media Room
Big bank home loan war as ANZ slashes fixed rates to 2.68%
Australia’s fourth largest lender, ANZ, has today slashed its fixed rate home loans by up to 0.86 per cent.
CBA cuts fixed rates by up to 0.50%
Australia’s largest bank, CBA, has today cut fixed rate home loans by up to 0.50 per cent.
Christmas shoppers give credit cards a workout
Australians spent $25.1 billion on their credit cards in December 2019 – $1.3 billion more than the previous year, according to today’s RBA figures.
First home buyers surge to decade high
Today’s ABS figures show first home buyers continue to make a comeback; reaching the highest level since December 2009, in seasonally-adjusted terms.
RBA shines spotlight on mortgage loyalty tax
The Reserve Bank Governor has today urged loyal mortgage customers to “shop around” to get a better home loan rate.
Low rates here to stay as RBA holds cash rate
The RBA has left the cash rate on hold at 0.75 per cent today with Governor Philip Lowe confirming low rates are here to stay.
Aussies wipe $2.45 billion off credit card debts in past year
Australians have taken an axe to credit card debt, slashing balances to the lowest level in almost 13 years, according to new RBA figures released today.
Big banks offering zero per cent deals to put credit cards back in Aussie pockets
Credit card lenders are offering attractive ‘zero per cent’ introductory deals this summer in a bid to get new customers on to their books.
First neo home loan hits the market: how do the rates stack up?
New kid on the block 86 400 has today started offering home loans, making it the first neo bank in Australia to do so.
Home loan lending up despite investors retreat
There’s been a steady increase in the value of new owner-occupier home loans, according to ABS data released today.