interest rates Tag

  A proposal from the Australian Labor Party (ALP) aims to reform negative gearing, and News.com.au says that Aussies are conflicted on the issue. But what is negative gearing, and why are the proposed changes so controversial? What would change? To first cover the basics, negative gearing is when a homeowner takes out a...

  The Reserve Bank of Australia (RBA) has kept the cash rate unchanged at a record-low 1.50%, continuing the longest run of inaction in almost 22 years. Governor Philip Lowe had this to say in his official statement: “The housing markets in Sydney and Melbourne have slowed. Nationwide measures of housing prices...

  Being aware of your interest rate can save you money in the long term. As the official cash rate and other financial conditions change, it's possible that your interest rate is no longer the best it could be. Therefore, it's important to regularly review your mortgage. So, when exactly should you...

  A panel of economists has predicted three major trends within the Australian property market for the year ahead, says finder.com.au Insights Manager, Graham Cooke. These expected trends come after the panel correctly predicted that the cash rate would remain at 1.5 per cent following the Reserve Bank of Australia's final...

  The Reserve Bank of Australia has today announced the official cash rate for February following its monthly board meeting. The RBA board has decided to keep the cash rate at 1.5 per cent, a move predicted by most industry experts. All of the 25 surveyed experts on the finder.com.au panel correctly predicted...

  Setting your New Year's resolutions is the easy part. It's actually following through on those goals that tends to be where a lot of us slip up. Now that we are in February here are three helpful tips for taking control of your financial situation this year. Cut back on unnecessary...

  Australians take out personal loans for various reasons. Buying a new car is the most popular choice, with finder.com.au estimating that more than 1.32 million people use personal loans for this purpose. Debt consolidation (399,000), holidays (381,000) and funding education (381,000) also rank highly for Australians. But getting the right personal...

  CASH RATE REMAINS ON HOLD FOR CHRISTMAS The Reserve Bank of Australia (RBA), which has kept its benchmark cash rate unchanged at a record-low 1.50% for the past year has announced that it will leave the rate on hold for yet another month. Governor Philip Lowe had this to say in...

  CASH RATES REMAIN AT HISTORIC LOW The Reserve Bank of Australia (RBA) has announced that it will leave the cash rate on hold at 1.50% for another month. Governor Philip Lowe had this to say in his official statement: “Growth in housing debt has been outpacing the slow growth in household...