Economy

The non-majors have joined their peers in repricing their mortgage offerings following the Reserve Bank’s cut to the cash rate.

The non-major has entered into partnerships with the firms as part of its “transformation” into a “digital challenger bank”.

The US central bank has cut rates by 50 bps ahead of its scheduled monetary policy board meeting in response to escalating economic fears regarding the coronavirus outbreak.

Australia’s GDP rose above expectations in the December but mounting global economic risks are set to weigh on growth in the coming quarters, according to analysts.

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 ...

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.

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

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.

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

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