Fixing drops to new record low as borrowers hold their breath on rates

The proportion of borrowers opting for a fixed rate hit a new record low of just 1.40 per cent in March, according to the latest ABS statistics.

And then there were 9: Westpac subsidiaries to step out of the cashback game

Westpac subsidiaries St George, BankSA and RAMS have announced they will be shelving their home loan cashback incentives from next month.

CBA cuts 11 interest-free days from its rewards cards

Australia’s biggest bank, CBA, has decreased the number of interest-free days available on its rewards cards in the latest credit card shakeup.

Australians sitting on $1.47 trillion in deposits - another record high

Money in the bank from households hit another record high in March, with new figures from APRA revealing Australians stashed more than $8.2 billion in the bank in just one month.

CBA pares back cash rate cut prediction to just one in 2024

Australia’s biggest bank, CBA, has revised its cash rate forecast, reducing the number of predicted RBA cuts in 2024 from three 0.25 percentage point cuts, to just one, scheduled for November.

Interest Rate Predictions & Forecast Australia | RateCity

The Reserve Bank of Australia is forecast to make at least one cut to the cash rate this year. Here's when the experts predict it could happen.

Westpac changes cash rate call on the back of slow-moving CPI figures

The inflation figures for the March quarter, released today from the ABS, are a timely reminder borrowers cannot bank on an RBA rate cut in 2024.

Wisr's Joanne Edwards on tips to manage your debt

Navigating a tough financial situation can be tricky - so to help provide some guidance, RateCity spoke to Joanne Edwards, Chief Operating Officer of Wisr, a neo-lender and fintech that is focused on improving the financial wellness of all Australians and helping them make smart decisions.

What impact will stage 3 tax cuts have on your borrowing capacity?

For anyone looking to secure a home loan, the stage 3 tax cuts - and the subsequent increase to your take home pay - could mean your borrowing capacity, gets a bump too.

ATMs are back in fashion

The ATMs of Australia have been getting a workout, with a significant increase in the total value of cash withdrawals recorded for January and February, according to data from the RBA.