finance

Australia may soon witness a reduction in interest rates, possibly dropping by one full percentage point, according to the Organisation for Economic Co-operation and Development (OECD). This prominent financial organisation, …

Australia’s leading superannuation body has indicated that a comfortable retirement requires more savings than ever, despite a recent slight decline in retirement costs. A drop in petrol and electricity prices …

ANZ 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 …

RBA Governor Michele Bullock has firmly dismissed any notions that recent positive inflation figures would precipitate an early interest rate cut. While inflation has dropped to its lowest since the …

Many Australians are keen to maximise their savings during this year’s sales, with around 50% planning to adopt various tactics beyond standard discounts, according to recent Canstar Blue research. The …

Inflation in Australia has remained at its lowest level in over three years, with the consumer price index (CPI) holding steady at 2.1 per cent for October, matching the previous …

Australia’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 …

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 …

Westpac has revised its forecast for the first cash rate cut, now expecting it in May 2025 instead of February. This update aligns with NAB’s recent predictions. In a positive …

A recent report from ANZ and CoreLogic highlights the escalating financial burden Australians face regarding housing costs. On average, households earning around $101,000 are now dedicating an unprecedented 33% of …