Laine Gordon

NAB hikes fixed rates for the fourth time this year

Australia’s third largest home loan lender, NAB, has today hiked fixed rates for the fourth time this year.

No end in sight: Westpac, ANZ hike fixed rates again

Big four banks, Westpac and ANZ, have both hiked fixed rates again today, as the cost of fixed rate funding continues to surge north.

CBA hikes fixed rates by up to 0.90%

Australia’s largest bank, CBA, has today increased fixed rates by up to 0.50 percentage points for owner-occupiers paying principal and interest, but all the way up to 0.90 percentage points for some investors.

Big banks update RBA forecasts – how high will interest rates now go?

Economists from all four big banks now believe the cash rate will start rising from May, with Westpac and NAB the last of the major banks to bring forward their forecasts.

Australia’s credit card debt rises for 4th month in a row

The national credit card debt has risen for the fourth month in a row to $17.44 billion, according to new data from the RBA today.

Westpac closes the door on fixed rates starting with a ‘2’

Australia’s second largest bank, Westpac, has today hiked fixed rates for owner-occupiers and investors by up to 0.30 percentage points.

3 in 4 borrowers will need to cut back expenses when RBA hikes rates

New research shows three in four borrowers will have to cut back their spending to meet the forecasted RBA hikes.

Investors dip out of the market for the first time in 18 months

The value of new home loans dropped from its record high last month as investor lending posted its first drop since October 2020.

Rate fever: Westpac slashes lowest variable, as its fixed rates soar

Competition in variable home loan rates is heating up with Westpac the latest big four bank to slash its lowest variable rate.

Variable home loan competition heats up as NAB cuts to 2.19%

Competition in the variable home loan space is heating up, as NAB today trims its base variable rate by 0.10 per cent – but only for new owner-occupiers.