The Reserve Bank of Australia (RBA) has today reduced the official cash rate by 0.25 percentage points, a move widely anticipated by economists and market watchers. The current cash rate now sits at 3.60%. This decision follows several key indicators pointing to a cooling economy and easing inflationary pressures for the June 2025 quarter: Inflation: […]
Temperatures are starting to cool down and many of us are breathing a sigh of relief that the kids have returned to school. As housing affordability plunges to an all-time low, a tree change looks more appealing than ever. You certainly get more bang for your buck outside the city, but we look at some
Congrats to our April Winner — Jayden wins a $500 Bunnings voucher! 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 Jayden, and they’ve won a $500 Bunnings voucher.
After most of us were forced into a gentler, slower pace of life due to COVID-19 restrictions, the idea that we’re hard up against a cult of busyness isn’t lost on many. Why has busyness become such a badge of honour and what does it mean to your wellbeing? To unpack this topic, psychologist Claudia
A combination of tighter home loan lending regulations and the uncertainty in our new COVID world have made looking after your living expenses an essential part of creating a more secure future for you and your family. Many people are finding out the hard way that it’s not as easy to get a home loan
After a challenging year, the RBA has met for the final time in 2020 and decided to leave the cash rate unchanged. After reducing the rate three times during the year, including to a record low of .10% last month, the RBA opted to wait until its next meeting in February to further assess the
Helping your kids get a handle on money can set them up with good habits that last forever. It’s no surprise to learn that the younger you start teaching kids about money – how it works and how to manage it – the better prepared they are for the rest of their lives. So what’s
Australia has gone into recession for the first time in 28 years. What effect could it have on you? Australia has had a very good run when it comes to continued economic growth. Twenty-eight years without a recession is a record achievement, with the previous one in 1991. So what is a recession, and what
Congrats to our November Winner – Richelle wins a $500 Coles Myer voucher! 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 Richelle, and she’s won a $500
As the country tunes in for the 2020 Melbourne Cup, the cash rate decision for November has been announced and rates have been cut. In response to the economic impact being caused by the COVID-19 crisis, the RBA reduced the cash rate by 0.15% to a new record low of 0.1%. In making this change