March 2020 interest rates hit historic low of 0.50%

2021-07-10T18:12:58+08:003rd March 2020|Finance, News|

While the autumn wind blows colder, things are heating up in the property market as the Reserve Bank of Australia (RBA) decided to slash the official cash rate to a historic low of 0.50% at its meeting today. At the previous meeting, RBA governor Philip Lowe said that despite expectations of stronger global growth this [...]

Interest rates on hold at RBA’s first meeting for 2020

2021-07-10T18:12:59+08:004th February 2020|Finance, News|

At its first meeting for 2020, the Reserve Bank of Australia (RBA) decided to keep the official cash rate unchanged at 0.75%. This is still the lowest it’s ever been! While the first 2020 decision is to hold the cash rate, economists are predicting more rate cuts to occur early this year. However, RBA governor [...]

Rates on hold for September 2019

2021-07-10T18:13:00+08:003rd September 2019|Finance, News|

The RBA has kept the official cash rate on hold at 1.0% at its September meeting today. The RBA Board has hinted an extended period of low interest rates are required to reduce unemployment and achieve inflation targets. Following cash rate cuts in June and July, there's been speculation about further cuts before the end [...]

Mortgage Focus August 2019

2021-07-10T18:13:00+08:0020th August 2019|News|

It's been an exciting few months in the property world, with plenty of chatter about a potential market rebound. Back-to-back interest rate cuts, looser lending conditions and increased confidence following the May federal election have seen buyers returning to the market. In July, five of the eight capital cities recorded a slight rise in dwelling [...]

Rates on hold at 1.0% August 2019

2021-07-10T18:13:01+08:006th August 2019|News|

The RBA has decided to keep the official cash rate on hold at 1.0%. The cash rate remains at its lowest level in Australian history. The RBA's recent decisions have prompted plenty of movement in interest rates amongst the big lenders. Some have passed on sizeable reductions in variable rates, while others have been slammed [...]

Make the most of the EOFY 2019 car sales

2019-06-17T13:31:50+08:0017th June 2019|Finance, News, Tips|

Are you looking for a fantastic deal on a car purchase? Organise your car loan with us now and you'll be in a good position to save at the end-of-financial-year (EOFY) car sales! You can expect to see some exceptional deals before the EOFY, as car dealers will be rushing to clear their stock and [...]

Historic low interest rate – 1.25% for June 2019

2021-07-10T18:13:02+08:004th June 2019|News|

Great news for homeowners and borrowers! At its June meeting today, the Reserve Bank of Australia (RBA) cut the official cash rate to just 1.25% - the lowest level in Australian history. Analysts widely predicted a rate cut would follow hard on the heels of the Federal Election and during May, many lenders started to [...]

Go to Top