Another 0.25% RBA hike likely tomorrow – how high could repayments go?

The Reserve Bank is tipped to hike the cash rate again tomorrow by 0.25 percentage points, taking it to 3.10 per cent – the highest rate in over a decade.

Home lending continues to slide as rate hikes take their toll

The value of new home loans being approved dropped for the ninth month in a row, as Australia’s cash rate rises take their toll on the home lending market.

CBA slices new customer variable rates as fixed rates continue to climb

CBA has turned up the heat on competition in the variable mortgage market by slicing rates, yet again, in a bid to win new business.

Cash rate pause now a live option, but 0.25% hike most likely on Tuesday

The Reserve Bank is likely to be weighing up whether to raise the cash rate by another 0.25 percentage points next week, or hit pause in December, following today’s drop in annual inflation figures.

ANZ cuts new customer variable rates as existing borrowers face 8th hike in 8 months

ANZ has today cut the rates on its basic home loan for new customers, as existing variable borrowers face their eighth hike in as many months.

BNPL industry to face tougher regulation, as survey finds users still falling into strife

RateCity.com.au welcomes the government’s move to regulate the burgeoning buy now, pay later sector, and warns any change must protect people from accessing multiple debts they can’t afford to repay.

CBA overhauls mortgages in bid for ideal customers

Australia’s biggest bank, CBA, has slashed its advertised package rates by up to 2.03 percentage points for new customers with big deposits.

Fixed rates continue to defy gravity, with ANZ the latest to hike

Australia’s fourth largest lender, ANZ, has today hiked fixed rates by up to 0.30 percentage points for owner-occupiers and investors.

RBA hikes kick in for variable borrowers

Australians with a CBA, NAB and ANZ variable home loan will see their interest rates rise by 0.25 percentage points from today, as the RBA’s November hike takes effect.

The 5-minute move that could boost savings by up to $1,968 in a year

Australians with money in the bank are finally starting to see some decent rates on their deposits after seven RBA hikes. However, not all savers are being treated equally as banks pick and choose which accounts to reward with higher rates.