RBA cuts cash rate to record low amid coronavirus concerns
The Reserve Bank of Australia (RBA) has cut the official cash rate by 25 basis points to a new record low of 0.50% as the coronavirus outbreak impacts global financial markets.
Entries by Ben Behar
Employers granted one-off super amnesty
Employers who have underpaid their staff superannuation have been granted a one-off amnesty to make things right, but that doesn’t mean they’re completely ‘off the hook’.
How long does it take to find and secure your dream home?
It takes most first home buyers longer than a full working week to house hunt and apply for finance for their ‘dream’ property, according to new research.
Downsizers tipped to be a ‘powerful force’ in 2020
Downsizers are tipped to take advantage of ‘the perfect storm’ and get the most out of the property market this year, predicts the national body representing professional buyers’ agents.
Are you being stung by the loyalty tax?
Once upon a time you were rewarded for loyalty. But borrowers with older mortgages are typically paying a higher interest rate than customers on new loans, confirms the RBA.
