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Financial executives unimpressed with rate cuts

Half of Australian financial executives anticipated a further drop in interest rates in 2020, while many remain “less impressed” with the results of previous cuts, a newly released study ...

Financial executives unimpressed with rate cuts
Big four move in tandem with RBA, slash rates

A host of lenders, including the major banks, have reduced their mortgage rates in response to the Reserve Bank’s fourth cut to the cash rate.

big four banks
RBA unveils market-defying rate verdict

The central bank has surprised markets after announcing its monetary policy decision.

RBA unveils market-defying rate verdict
Cash rate falls to new record low

The central bank has pulled its monetary policy lever for the fourth time in less than a year amid growing instability in domestic and global markets.

Cash rate falls to new record low
Bank cuts mortgage rates, scraps maximum loan threshold

A non-major has reduced fixed and variable rates across its owner-occupied and investment home loan offerings by up to 74 bps.

Bank cuts mortgage rates
Shaky markets, looming Fed cut, to force RBA’s hand

The Reserve Bank “should” cut rates this afternoon amid growing market instability and expected easing from foreign central banks, according to one economist.

mortgagebusiness
LATEST PODCAST: Broker market share rises QoQ for first time in 5 years

The Mortgage Business Uncut podcast is your weekly analysis of the biggest themes shaping the Australian mortgages market.

LATEST PODCAST: Broker market share rises QoQ for first time in 5 years
Darwin rent prices overtake mortgages

More than a third of properties across Australia has estimated mortgage repayments that are less than weekly rental repayments but this is least likely in Sydney.

Darwin rent prices overtake mortgages
Aussies jumped the gun with rate expectations

Almost a quarter of Australians expected a fourth cut to the cash rate from the Reserve Bank, prompting some to make premature financial decisions, according to new research.

Aussies jumped the gun with rate expectations
Moula poaches Deloitte veteran for CFO

The online SME lender has announced the appointment of Ashley Miller as its inaugural chief financial officer, effective immediately.

Moula poaches Deloitte veteran for CFO
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