#Interest Rates
Interest rates expected to rise again today
The RBA is expected to increase the cash rate today, adding to already mounting pressure on Australian households and businesses.
RBA tipped to raise interest rates today
The Reserve Bank of Australia (RBA) could potentially raise interest rates today for the first time in 11 years.
U.S. Federal Reserve signals rate hikes in March
U.S. central bank, the Federal Reserve, has decided to maintain its interest rate at the current record low. For now.
ANZ only big bank to fully pass on RBA cut
ANZ has again become the only big four bank to reduce variable mortgage rates in full following the Reserve Bank’s cash rate cut, while rivals CBA, NAB and Westpac will be passing on only part of the amount this time. ANZ was widely criticised last month when it passed on just 0.18 percentage points of […]
Funding made reasonable: a quick guide to fixed business loan interest rates
There is nothing more vexing than trying to bring your dream business to life, yet funding stands in your way like an ill-created bump in the road. However, there are many options that can give you the financial push that you need without you having to sell your soul and your right kidney. Fixed business […]
Securing a soft or hard loan for your SME
The modern business environment is tough, and fraught with challenges that can make or break your business. These days, it’s not enough to simply offer a quality service or product. The characteristics that set aside successful modern businesses are simple – agility and innovation. The ability to react quickly to opportunities is paramount to the ongoing […]
How will the economy Impact SMEs in 2017?
September 2016 was a mixed month for the Australian economy, and one that brought both incredible milestones and sudden, unexpected troughs. To begin with, the end of the month saw Australia complete its 100th consecutive quarter without a recession, continuing a 25-year growth streak that is the second highest in history. Given that this period […]
The need to be shrewd in the property boom: How one FinTech business ensures buyers secure the best mortgage deal
It’s said that buying a property is one of the most stressful life events. Further, mortgage lender incompetence, bank and finance problems are in the top 20 most stressful aspects of selling a property. For two people, those frustrations spawned the next big idea to hit the FinTech industry. Mandeep Sodhi, a loyal customer to […]
“Dr Doom” predicts Aussie dollar to drop 20 per cent
A renowned US economist has endorsed a pessimistic outlook for the Australian economy over the next 12 months, warning of a Chinese slowdown, halting GDP growth and a 20 per cent drop in the value of the Australian dollar. Roubini Global Economics, founded by Dr Nouriel Roubini, has warned that a tight federal budget, lower […]
RBA slashes cash rate to 2.75 percent
The Reserve Bank today announced a cut of 25 basis points to lower the cash rate to 2.75 percent.
Interest rates on hold
The Reserve Bank of Australia (RBA) announced that the cash rate would remain at 3.0 percent earlier today.
Our business forecast for 2013
Australia’s economic conditions are predicted by some to take a downward turn in 2013, meaning employers large and small are growing anxious about an economic slump and the potential for China’s growth to go into reverse.
How to get out of credit card debt
No one is immune to the risks of accumulating credit card debt. Here are some tips for paying off your cards as soon as possible.
RBA leaves rates unchanged
The Reserve Bank of Australia (RBA) has left interest rates unchanged at 3.25 percent, citing a rise in inflation as a driving factor behind its decision.
Slowing growth brings about rate cut
The Reserve Bank of Australia cut the official cash by 25 basis points today, citing slowing economic and credit growth as two of the key drivers behind its decision.
RBA leaves cash rate unchanged
The Reserve Bank has again left the official cash rate on hold at 3.5 percent, citing on trend inflation and growth as well as a rise in the number of businesses applying for credit.
Interest rates held by RBA at 4.25 percent
The Reserve Bank of Australia has held the official interest rate for the third consecutive month, citing close to trend growth, inflation and lending rates.
RBA holds rates at 4.25 percent
The Reserve Bank of Australia (RBA) has left interest rates unchanged at its monthly meeting today, with Governor Glenn Stevens saying it doesn’t appear the world economy is headed for another deep downturn.
What’s going on with lending interest rates?
We’re obsessed with interest rates in Australia, keeping a keen eye on RBA decisions and subsequent reactions from lenders. But just what’s going on with rates at the moment? MYOB’s Kristy Sheppard explains…
Banks drag the chain on business rate cuts
When the Reserve Bank cut interest rates, home owners arm-wrestled the banks into passing on the cut. But, as Rohan Gamble finds, small businesses aren’t as lucky: “Small businesses aren’t just missing out on full rate cuts, business lenders are taking almost double the amount of time to implement the rate reductions.”
Interest rate cut cheers small businesses
The Reserve Bank (RBA) has cut the national interest rate to 4.25 percent, the second consecutive cut it has made in its monthly meetings—the first back-to-back monthly cuts since April 2009.
Business leaders cautiously welcome mini-Budget
The Federal Government has revealed a round of spending cuts to the tune of $6.8 billion over the next four years to help the nation’s balance sheet return to black.
To fix or not to fix interest rates?
Brad Callaughan looks at whether you should be fixing your interest rate. “The RBA will need to cut rates to keep the economy going, especially coming into Christmas…”
RBA cuts rates in time for Christmas, banks follow suit
The Reserve Bank of Australia (RBA) cut interest rates by 25 basis points yesterday, taking the cash rate down to 4.5 percent in time for the all important Christmas season.