interest rates

The Reserve Bank of Australia’s decisions on cash rates significantly affect the 3.2 million Australians with home mortgages and influence the broader economy. Key factors governing these decisions include inflation …

NAB has announced a pre-Christmas reduction in its basic variable home loan rate, targeting new mortgage customers despite the Reserve Bank’s interest rates potentially remaining steady for months. The bank …

Australia’s unemployment rate holds steady at 4.1 per cent for the third consecutive month, aligning with economists’ forecasts, although subtle signs of market weakness have emerged. Recent Australian Bureau of …

Australian consumers have recently displayed a modest uptick in spending, with a 0.8 per cent increase reported in October, as revealed by the Commonwealth Bank’s Household Spending Insights (HSI) index. …

The Commonwealth Bank of Australia (CBA) has revised its forecast regarding interest rate cuts by the Reserve Bank of Australia (RBA) and no longer expects a reduction before December 2024. …

Inflation in Australia has reached its lowest point since the pandemic, decreasing to 2.8 per cent for the year ending in September, down from 3.8 per cent in June. This …

ANZ has made another adjustment to its fixed home loan interest rates, becoming the final major bank to lower these rates. However, the new, reduced rates are only available to …

The burning question across Australia, especially for the 3.2 million mortgage holders facing a collective debt of $2.2 trillion, is: what will happen to interest rates? Predicting these rates has …