Category: Interest Rates

Latest interest rate news, economist forecasts and the latest rates from the major banks and other lenders.

How frequently will the RBA convene in 2024? No RBA Meeting this Week – Interest Rates On Hold

Starting this year, the RBA will deliberate on whether to raise, maintain, or reduce interest rates eight times annually. This will give them more time to weigh up economic indicators before make interest rate decisions. Previously, the board convened 11 times per year, holding a meeting at the commencement of each month except for January. 
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RBA Increases Interest Rates from 4.10% to 4.35%

  The Reserve Bank of Australia (RBA) decided to increase the cash interest rate by 0.25% in its November 2023 meeting. This will increase the cash rate from 4.10% to 4.35% which will result in a hir mortgage holders paying more for their home, investment, business and commercial loans.   The decision in November followed
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Home Loan and Investment Loan Interest Rate Update October 26th

Interest rates have remained stable for the last few months but there are still inflationary pressures still exerted on the Australian market. It seems that the RBA will have no choice but to increase interest rates before the end of the year. Please visit our website for more information regarding. Home Loans Investment Property Loans
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September Commercial Loan Interest Rate Update

Commercial property loan interest rates have not made many changes for the month of September 2023. There has been fixed rate movements but these have not been significant amongst lenders. Business loans have also remained stable. Usually, these interest rates are subject to the business type, loan amount and security offered. Below is a list
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