Home Loans

The official cash rate tends to influence financial products which could see you paying more, or less, on your loans. But what is it, why does it fluctuate and how could it affect you?

Alex Ritchie -

02 Aug, 2023 -

6 min read

Home Loans

Learn the difference between fixed and variable rate home loans. Make an informed choice regarding what’s better for your situation.

Vidhu Bajaj -

23 Oct, 2023 -

6 min read

Home Loans

You may have heard friends or family mention the “dangers” of taking out a variable rate home loan. Let's explore the risks and the benefits of a variable rate home loan.

Alex Ritchie -

24 Aug, 2023 -

5 min read

Personal Loans

Your personal loan repayments will drop with a new, lower interest rate. However, you will typically need to negotiate or refinance for a lower interest rate, as a personal loan rate may not fluctuate with the RBA's cash rate. 

Alex Ritchie -

18 Sep, 2023 -

5 min read

Personal Loans

There are a few distinct differences between fixed interest and variable rate personal loans, so it’s important to weigh up your options before determining which type is right for you and your financial situation. Don't forget to also consider other features of the loan you're applying for.

Peter Terlato -

21 Nov, 2022 -

4 min read

Personal Loans

When you apply for a personal loan or any other form of credit, it’s important to make a decision that will work for your household’s financial situation and your personal goals. It can also be worth looking at some statistics to see how your credit plans fit in with the wider Australian economy, so you can be more confident about the decisions you are making.

Mark Bristow -

24 Nov, 2022 -

4 min read

Nonspecific

The RBA cut the cash rate to a new record low of 1.75 per cent today on the back of last week's shock inflation figures which for the first time in 8 years, saw the price of everyday goods go down. t's now up to each lender to pass this cut on - either in part or in full. Find out what this could mean to your variable home loan repayments using our chart below.

Car Loans

It might be common knowledge that any change the Reserve Bank of Australia (RBA) makes to the cash rate will have an effect on home loans, but can it impact your car loan in the same way?

Georgia Brown -

05 Aug, 2020 -

3 min read

Savings Accounts

Savings can provide a safety net for individuals and households during periods of financial difficulty or stress. But how much does the average Australian actually have stashed away in their savings account?

Peter Terlato -

15 Nov, 2023 -

3 min read

Savings Accounts

The governor of the Reserve Bank of Australia, Glenn Stevens, is urging Australians to keep their funds in savings accounts while the domestic economy adjusts to the mining investment boom.

Laine Gordon -

11 Mar, 2011 -

3 min read

Savings Accounts

A RateCity analysis reveals that institutions have slashed savings rates by 0.30 percentage points on average, which is more than the RBA's 0.25 percentage point cut.

Laine Gordon -

16 May, 2013 -

2 min read

Credit Cards

RateCity research shows that the average credit card interest rate is now 17.21 percent - almost six times the RBA's official cash rate.

Laine Gordon -

27 Mar, 2013 -

3 min read

Credit Cards

Credit card rates rocket

Credit Cards

Laine Gordon -

21 Jun, 2013 -

3 min read

Term Deposits

The best term deposit interest rates change regularly – at least as often as when the Reserve Bank of Australia (RBA) changes the cash rate, and in fact more often

RateCity -

19 Apr, 2011 -

2 min read

Term Deposits

How do old term deposit rates compare against today’s interest rates? Are there lessons to be learned from historical term deposit interest rates?

Jodie Humphries -

27 Jan, 2021 -

4 min read

Bank Accounts

Savers struggle to keep their heads above inflation as record low cash rate continues

Bank Accounts

Australians are still paying unnecessary ATM fees but there are ways to avoid the sting. RateCity investigates. In today's fast-paced world, one of the most convenient ways to access your money from your everyday transaction accounts is through an automatic teller machine (ATM). However is this convenience worth the fees?

Laine Gordon -

23 Jul, 2010 -

3 min read

Bank Accounts

For many students living on a miniscule budget, savings of any size are welcome. That's why it may come as a surprise to discover that students and young Australians are the most frivolous group when it comes to accruing fees on their transaction accounts, according to Reserve Bank of Australia (RBA) figures.

Laine Gordon -

11 May, 2011 -

3 min read