Switch lenders if rate cut is not passed on: RBA
Mortgage holders and business operators are being encouraged by the RBA to switch lenders if their bank doesn’t pass on the latest cash rate cut.
Entries by Ben Behar
RBA trims cash rate to new record low 0.10%
If you didn’t back a winner on Melbourne Cup Day then fret not: the Reserve Bank of Australia (RBA) has delivered mortgage holders a win by cutting the official cash rate by 15 basis points to a new record low of 0.10%.
Housing affordability best it’s been in a decade: report
Great news for homeowners and prospective buyers: housing affordability is at its best level in a decade and should continue to improve throughout 2021.
Flow of credit to small businesses remains strong
Small business owners in need of credit will be buoyed by new data that shows the approval rate for loans has remained strong throughout the coronavirus crisis.
Housing market confidence ‘booms’, cash rate cut expected
Consumer sentiment is surging, confidence in the housing market is booming, and the number of experts tipping a Melbourne Cup Day cash rate cut is increasing. Let’s look at why households and businesses are becoming increasingly optimistic.
