YOU WONT BELIEVE: 2 - What They Never Told You

Reserve Bank likely to stay on data watch in October

The key cash interest rate is likely to remain unchanged at 4.1 per cent after the first central bank monetary policy meeting led by governor Michele Bullock.

AAP · Sep 30, 2023

Savers warned to show more interest in banking rates

Major banks will have an opportunity to explain why some of their customers are missing out on decent savings rates at a parliamentary hearing.

AAP · Jul 6, 2023

Smaller lenders offer savers more than 5 per cent, in contrast to big four

Australians are being urged to consider “breaking up” with the big banks as smaller players rush to pass on higher savings rates.

The New Daily · Jun 12, 2023

Cheap rates for new home loan customers disappearing

Several banks have started jacking up rates for new mortgage customers, reversing a trend of cutting rates to attract new business.

AAP · Apr 14, 2023

Home loan lenders offering cashback incentives to attract customers in refinancing boom

A record $19.9 billion worth of mortgages were refinanced in February, and lenders are offering major cash incentives to get new customers — but are they worth the deal?

ABC News · Apr 3, 2023

Interest rates: How refinancing and saving are shaping up after the March hike

The Reserve Bank’s tenth interest rates hike in a row last week has sparked a flurry of fresh activity from lenders.

The New Daily · Mar 12, 2023

Banks continue to drag their feet lifting savings account rates

Banks defy political pressure by not passing on higher interest rates to all savers even as they hit mortgage holders with rapid-fire hikes

The New Daily · Mar 10, 2023

Some savers still being left behind as cash rate lifts

Banks are still picking and choosing which deposit accounts to lift rates on despite pressure from the consumer watchdog to pass higher rates on to savers.

AAP · Mar 10, 2023

Reserve Bank closer to pause on rate rises: Philip Lowe

The latest rise in the official cash rate will make things even more difficult for families with mortgages, the treasurer has warned.

The New Daily · Mar 7, 2023

ACCC probe to ensure savers get fair deal

The treasurer has asked the consumer watchdog to investigate why interest rate increases on deposit products are often lower, slower or conditional.

AAP · Jan 11, 2023