Get all your news in one place.

100’s of premium titles.
One app.

Start reading

Get all your news in one place.

100’s of premium titles. One news app.

Start reading

The Latest Breaking News from Sally Tindall

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

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

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

From analysis to the latest developments in health,
read the most diverse news in one place.

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

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

Get the best deal on your mortgage after a year of interest rate hikes

There’s been no shortage of pain for Australian home owners this year as the fastest interest rates hikes in decades hit families.

The New Daily

The best and worst gift cards at Bunnings, Kmart, JB Hi-Fi, Amazon and more this Christmas

Looking for a last minute holiday gift this year? Gift cards are a popular option for those tight on time, but buyer beware.

The New Daily

Read news from The Economist, FT, and more,
with one subscription

Lenders tempting borrowers to jump ship

Three of the big four lenders are pulling out all the stops to attract new customers by offering discounted deals and cash sweeteners.

AAP

Fixed mortgage ending soon? How you can prepare for rising repayments as interest rates climb

Many borrowers jumped to lock in record low interest rates over the past couple of years. But the good times are almost over, with a wave of fixed-rate terms coming to an end next year.

ABC News

RBA tipped to lift cash rate again at board meeting as mortgage cliff looms

Economists widely predict 25 basis point rise but some say central bank may consider pausing rates after seven straight hikes

The Guardian - AU

Fixed-rate borrowers brace for jump in repayments as cheap home loans end

Most home owners who fixed their mortgages at record lows last year will soon see their loans revert to a variable rate. For some, it will mean their repayments will increase by thousands each month, leading to financial stress.

ABC News

Big mortgage savings are on offer for ideal borrowers. Here’s how to tell if that’s you

Consider yourself an ideal mortgage payer? If so, you might be able to escape the worst of the home loan squeeze.

The New Daily

Fixed or variable? A look at how home loan rate options across Australia stack up

After crunching the numbers, it’s clear that mortgage holders shouldn’t just do nothing, says RateCity’s head of research

The Guardian - AU

Reserve Bank set for another double-sized interest rate rise as borrowers brace for pain

The average mortgage borrower will be paying $760 a month more than they were just five months ago, if the Reserve Bank hikes interest rates as expected today, with existing borrowers slugged harder than newer customers.

ABC News

Get all your
news in one place.

100’s of premium titles.
One news app.

The Canberra Times

Why Canberra is so expensive - and how it's going to get worse

For many Canberrans, the high cost of living is less of a pinch and more of a punch.

The New Daily

Home loan cashbacks are surging. Are they worth it?

As competition for home loan customers peaks among major banks, a near-record number of lenders are attracting customers with sweeteners.

ABC News

If there's a double interest rate rise this week, more borrowers become 'mortgage prisoners'

As banks impose tougher lending standards and interest rate hikes drive property prices down, more Australians who borrowed at the height of the pandemic housing boom will find themselves in a mortgage trap, unable to refinance.

The Guardian - AU

Australians abandon buying first home as loan costs outweigh property price drops

Reserve Bank is expected to again lift the cash rate, extending the most rapid spate of rises since 1994

Get all your
news in one place.

100’s of premium titles.
One news app.

ABC News

Borrowers to feel the heat as RBA raises rates again, but new customers get cheaper deals

As the economic outlook became more uncertain, lenders are competing harder for new customers, providing a good opportunity for home buyers with large deposits and owners who have paid off a sizeable portion of their property.

ABC News

As fixed mortgages end and rates rise, many risk losing their homes

Almost 40 per cent of Australians with mortgages who have locked in ultra-low fixed interest rates will roll off them as soon as next year, raising fears that more people will default on their loans, creating financial system instability.

The Guardian - AU

Double-digit drops in capital city property prices likely after RBA rate hikes

Borrowers may find themselves in a ‘mortgage prison’ but low jobless rate means most households should still be able to pay off their loan, experts say

The New Daily

Why savers are unlikely to benefit much from the RBA rate hikes

RBA governor Philip Lowe jacked up the cash rate by a surprise 50 basis points on Tuesday. But savers are unlikely to benefit much in the short term.

The New Daily

‘Mortgage prison‘: Home owners facing budget squeeze as interest rates rise

Australians are being hit with a double whammy of rising mortgage costs and falling property prices as interest rates rise.

The Guardian - AU

Interest rates: RBA weighs up risk of ‘climb shock’ ahead of decision

Economists split on how much Reserve Bank will lift cash rate on Tuesday as it looks to rein in inflation

ABC News

HomeBuilder and first home buyer grants made housing less affordable says Reserve Bank

Government subsidies such as first home buyer grants and HomeBuilder have boosted demand for homes and helped push up house prices, with "pervasive" impacts on housing outcomes for some Australians, according to the Reserve Bank.

1 2 3

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Australian Bureau of Statistics

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.