RBA sees no reason to lift rates right now

The Reserve Bank doesn’t feel under any pressure to change the cash rate, according to the minutes of its last monetary policy meeting.

Banks tighten the screws on small-deposit mortgages

New research from RateCity shows banks have put the brakes on lending to people with small deposits, slashing the number of mortgage products with a maximum loan-to-value ratio (LVR) of 95 per cent in the past three years.

Real estate agents aim to lift their game

Real estate agents will have to commit to higher training standards and a code of ethics, under a new proposal by Australia’s peak real estate body.

Small lenders offering low-rate car loans

Australians who are in the market for a new car can take out a car loan for under 5 per cent, a new analysis of the car loan market has found.

ATO busts myths, flags crackdown

As tax time approaches, the Australian Taxation Office has warned that it will pay close attention to claims for work-related clothing and laundry expenses.

Australia praised for its strong economy

Moody’s has affirmed Australia’s AAA credit rating, although it has also warned of “two key vulnerabilities” to the economy.

Government speeds up payment of early super

People who successfully apply for early access to their superannuation will “receive funds sooner”, under a change made by the federal government.

Macquarie owner-occ mortgage lending jumps 17.5%

Macquarie Bank has been growing its owner-occupier home loans business more than twice as fast as the big four banks.

Westpac changes its fixed-rate mortgages

Westpac has made a series of changes to its home loan interest rates, with some falling by as much as 30 basis points and others rising by as much as 15 points.

Debt management firms 'can leave people in a worse financial situation'

Australia’s financial services regulator has warned consumers to be wary of companies that claim they can fix poor credit ratings.