Eden Radford

ANZ cuts the rate on its Online Saver for the first time in 19 months

ANZ, the country’s fourth largest bank, has today cut the ongoing rate on its ANZ Online Saver account by 0.10 percentage points.

ATMs and branches drop across the country – how banks are backing away from cash

The number of ATMs and bank branches has dropped by more than one in 10 in the last financial year, as banks and customers move their transactions online.

Melbourne Cup rate hike a live possibility: what a 13th hike would mean for borrowers

Australia could see the cash rate rise to 4.35 per cent as soon as the next RBA Board meeting, if inflation proves to be more stubborn than expected, with the minutes from the previous meeting citing a ‘low tolerance’ for slow progress in this battle.

Australians continue to keep a lid on debt despite 12 RBA hikes

Australia’s total credit card debt has dropped for the third month in a row, this time by $88.1 million.

Refinancing down but not out as new home lending stages a comeback

The value of refinanced loans dropped in the month of August, but still recorded the fourth highest total since the start of the hikes, after climbing to a record high in the previous month.

RBA on hold + have you pocketed a rate cut of more than 0.63% points?

The Reserve Bank has again left the cash rate at 4.10 per cent, announcing today a pause for the fourth meeting in a row.

NAB bumps up select fixed rates

The National Australia Bank has today bucked the recent trend of big bank fixed cuts, by hiking select rates by up to 0.15 percentage points.

Fixed rates continue to tumble as ANZ sharpens its rates

Australia’s fourth largest home loan lender, ANZ, has today cut fixed rates across its 1- to 3-year terms for both owner-occupiers and investors by up to 0.30 percentage points.

Westpac hikes new customer variable rates as NAB slashes rates for owner-occupiers with small deposits

Australia’s second largest home loan lender, Westpac, has today increased new customer variable rates on its Flexi First Home Loan by 0.10 percentage points.

RBA holds cash rate again - when will we see cuts?

The Reserve Bank has again left the cash rate at 4.10 per cent, announcing today a pause for the third meeting in a row and a fourth time this year.