74 articles written by Liz Seatter
ANZ announces RBA hikes: how the big four now stack up
The big four banks have now all announced their November RBA rate increases - see how their savings rates now compare.
RBA rate hikes kick in for variable borrowers and select savers
More than half of Australia’s variable mortgage customers will see their rates rise by 0.25 percentage points from today as CBA, NAB, ANZ and Macquarie’s October RBA rate hikes take effect.
Credit card surprise: Record high spending as debt falls to lowest level since 2003
Australians don’t appear to be feeling the heat of the interest rate rises yet, with credit card spending hitting a record high and debt dropping to almost a two-decade low.
ING trumps market leaders with 4.05% savings rate
The market-leading savings rate for all adults has now climbed above 4 per cent, as more banks go beyond the RBA hike to attract deposits.
Big four bank RBA wrap – the winners and losers
While the big four banks have announced they will pass on the full RBA rate hike to their variable mortgage customers, many savers have, so far, missed out.
Higher home loan rates kick in today as NAB and ANZ concede some savings hikes
While variable mortgage rates are on the rise today for most big four bank customers, savings rates are also going up – but only on select accounts.
CBA’s surprise RBA move – some savers to see rates rise by 0.60%
Australia’s largest bank has announced it is passing on 0.60% point rate increases onto its popular GoalSaver and Youthsaver accounts.
Credit card debt drops by $308 million in a month
Australians gave their credit cards a much-needed break in July, with the total debt and value of transactions both dropping from the previous month.
8 banks increase savings rates beyond the RBA hikes – could rates hit 4%?
If the RBA hikes by another 0.50 percentage points this afternoon, the highest ongoing savings rate could potentially climb over 4 per cent
Highest savings rate now trumps the lowest mortgage rate
Virgin Money has hiked its top savings rate to 3.60 per cent. This means the highest ongoing savings rate on the market is now above the lowest home loan rate of 3.10 per cent.