Laine Gordon

RBA set to hike the cash rate again tomorrow – what it means for borrowers

The Reserve Bank is set to raise the cash rate again tomorrow, just five weeks after pulling the trigger on the first hike in over a decade.

NAB joins the Buy Now, Pay Later party – how it compares to the competition

NAB has announced it will launch a buy now, pay later option in July, with pre-registrations opening today.

Westpac hikes fixed rates by up to 0.80% – when will they hit 5%?

Australia’s second largest lender, Westpac, has today hiked fixed rates for owner-occupiers and investors, in some cases by up to 0.80 percentage points.

Pros and cons of the Liberal Party’s new super first home buyer scheme

The number of first home buyers could rise on the back of a new proposal to allow Australians to use part of their super to buy their first home. However, the scheme favours those with larger super balances and has the potential to push up property prices.

Australia’s credit card debt drops after 4 months of rises

Australia’s credit card debt has made a surprise drop in March after four consecutive months of rises, according to new data from the RBA today.

Westpac matches CBA and ANZ, hiking by 0.25% for variable customers AND hike select savings accounts

Australia’s second largest lender, Westpac, has tonight announced it will pass on the cash rate hike in full to its variable rate mortgage customers, effective 17 May 2022.

ANZ follows in CBA’s footsteps – hikes by 0.25% for variable borrowers

ANZ will pass the RBA cash rate hike in full to its variable rate mortgage customers, effective 13 May 2022.

3 of the big 4 banks predict RBA will hike in May - how high will rates go?

Three of the big four banks forecast that the RBA will pull the trigger on a rate rise in May, bringing the cash rate up for the first time in over a decade.

End of an era: RBA hikes for first time in 11.5 years

The RBA has today hiked official rates for the first time in 11.5 years by 0.25 percentage points, taking the cash rate to 0.35 per cent. Discover how this may impact your home loan repayments.

After 11.5 years of cuts – are Australians ready for RBA rate hikes?

After more than a decade of interest rate cuts, the Reserve Bank is set to start hiking the cash rate as soon as tomorrow.