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The Reserve Bank could cut interest rates by as much as 1 percent next month as the economy continues to show signs of slowing.
The Reserve Bank has delivered a pre-Christmas bonus to homeowners with a 50 basis point cut in official interest rates.
As Australians prepare for the race that stops a nation, homeowners will be eyeing events in Martin Place as keenly as punters checking the odds at Flemington
Borrowers facing job loss can relieve themselves of significant stress if they keep their lenders abreast of their situation, a leading non-bank lender says.
The Australian property market is eerily becalmed following the global financial markets crisis. The trickle of interest that dripped into the property market after September's 0.25 percent cut in the cash rate, dried up in October as global share markets plunged. Would-be buyers retreated to the sidelines as economists battled it out for forecast-supremacy in the media stadium.
The Commonweath Bank has followed ANZ and National Australia Bank (NAB) by cutting variable mortgage interest rates.
The Commonweath Bank has followed ANZ and National Australia Bank (NAB) by cutting variable mortgage interest rates.
No matter what the season, insulation can make a huge difference. We’re looking forward to summer soon and insulation helps there when winter returns, insulation keeps your home warmer.
The federal government has welcomed today's official rate cut of 100 basis points and called on major banks to pass on the cut to home borrowers "in full".