After a prolonged period of high interest rates at 4.35 per cent in Australia, mortgage holders are looking for relief in 2025. Economists anticipate that the Reserve Bank of Australia …
banks
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- Finance
Prospects of an Early 2025 Rate Cut Fade as ANZ Joins Two Other Banks in Revising Forecasts
by adminANZ has revised its prediction regarding when the Reserve Bank of Australia (RBA) is likely to start reducing interest rates, becoming the third major bank to do so. According to …
- Finance
No respite for aspiring first-home buyers as regulator maintains buffer rate at 3 per cent.
by adminAustralia’s banking regulator, APRA, has declined to reduce the serviceability buffer for new mortgages, maintaining it at 3 per cent despite calls from the Australian Banking Association, NAB, ANZ, and …
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ANZ has recently followed Commonwealth Bank and NAB in reducing its variable home loan interest rates, despite the Reserve Bank of Australia’s (RBA) indication that an official interest rate cut …
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Digital-only banks, or neo banks, are transforming the financial landscape, with Up recently achieving a significant milestone by reaching one million customers. This innovative bank is resonating with Australians by …