How can you make the most of record low interest rates? Many people believed that the low RBA cash interest rate, that had remained unchanged over the last couple of years, was about as low as it would go. But in the last few months the Reserve Bank of Australia…
Haven likes Diverse, funny, insightful and perfectly suited to fit into busy lives, the podcast’s popularity shows no sign of abating. Delivering bite-size chunks of entertainment and information, if you’re not already onboard the podcast train, here are a few to whet your whistle. The Five of My Life – Nigel…
For the 3rd time in five months the Reserve Bank of Australia has decided to reduce the official cash rate, this time to 0.75%, in a concentrated effort to boost the economy. In making the decision to lower rates again the RBA has strongly reinforced its focus on supporting employment…
With the uncertainty of tax changes gone, a lessening of borrowing restrictions, and a new scheme to help first home buyers – coupled with two interest rate drops – it looks like things are swinging back into the borrowers’ favour. The election result took most of us by surprise. The…
Aeroplane horror stories Australians love to travel. It’s in our blood, it’s a part of our collective psyche. So, we know that a good number of our readers will likely have an aeroplane horror story to regale us with. Be it an airsick stranger wedged alongside you on a long…
The Reserve Bank of Australia has decided to leave the official cash rate unchanged at 1% as it awaits fresh economic data to allow it to assess the impact of its June and July cuts. In making this decision not to drop rates again the RBA will have considered some early evidence of an improving housing market following its previous cuts. It will also have considered the impact a reduction in rates would have on the Australian dollar and overseas competitiveness.
We appreciate your feedback, that’s why each month we give our customers who have recently settled a loan the chance to go in the competition to win a small thank you gift. This month’s winner is Taylor, and he’s won a $500 Bunnings voucher. Congratulations Taylor!
