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Home Loans

ANZ cuts variable rates, doubles down as lowest among big four

ANZ has today cut the rates on its Plus and Simplicity Plus home loans by up to 0.15 percentage points, but only for new customers.

Laine Gordon

Laine Gordon -

22 Nov, 2024 -

3 min read

Home Loans

3 of big 4 banks predict May cash rate cut as ANZ updates forecast

ANZ has today updated its cash rate forecast, pushing the first projected cash rate cut out from February to May 2025.

Laine Gordon

Laine Gordon -

29 Nov, 2024 -

3 min read

Home Loans

Total home lending market soars

The latest APRA monthly authorised deposit-taking institution statistics, released today for the month of October show the total value of housing loans to households, which includes both owner-occupied and investor loans, increased by $9.8 billion in the month, or 0.4 per cent.

Laine Gordon

Laine Gordon -

29 Nov, 2024 -

3 min read

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Savings Accounts

CBA’s surprise RBA move – some savers to see rates rise by 0.60%

Australia’s largest bank has announced it is passing on 0.60% point rate increases onto its popular GoalSaver and Youthsaver accounts.

Liz Seatter

Liz Seatter -

09 Sep, 2022 -

4 min read

Savings Accounts

CBA rewards savers as the bank announces its RBA response

Australia’s biggest bank, CBA, has followed NAB, by announcing it will pass on yesterday’s 0.25 percentage point RBA hike in full to its variable mortgage customers. Unlike NAB, CBA has also revealed what it will do for its savings customers, announcing rate hikes for each of its key savings accounts, in most cases by more than the 0.25 percentage point hike.

Laine Gordon

Laine Gordon -

02 Nov, 2022 -

3 min read

Savings Accounts

Select savers get a boost as CBA and Westpac announce RBA responses

Australia’s two biggest banks, CBA and Westpac, have today confirmed they will pass on the 0.25 percentage point hike to variable mortgages. However, CBA has upped the ante by announcing it will increase one of its savings rates by triple this.

Laine Gordon

Laine Gordon -

09 Feb, 2023 -

6 min read

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Credit Cards

CBA cuts 11 interest-free days from its rewards cards

Australia’s biggest bank, CBA, has decreased the number of interest-free days available on its rewards cards in the latest credit card shakeup.

Eden Radford

Eden Radford -

01 May, 2024 -

4 min read

Credit Cards

CBA increases interest rate on select credit cards

CBA, Australia’s largest bank, has increased the interest rate on a range of credit cards by up to 1.25 percentage points.

Eden Radford

Eden Radford -

01 Nov, 2023 -

5 min read

Credit Cards

NAB increases rates on select credit cards

Australia’s second largest credit card provider, NAB, has today increased interest rates across select cards.

Eden Radford

Eden Radford -

13 Feb, 2024 -

6 min read

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