Banks are expected to hold back on passing on today's rate cut in full as they seek to balance out mortgage rates with deposit rates for savers.
banks
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With the RBA taking the knife to the official cash rate for the first time since August 2016, it's time for consumers to cash in.
The RBA has slashed interest rates in the first cash rate move in almost three years. The move was widely expected, and no doubt the focus will now turn to mortgage rates; how low will they go?
The market rose more than 2% on Monday following the surprising election result, as short-sellers scrambled to cover positions, with banks some of the big winners.
Planning to move overseas for work and join the global community of expats? Here's a money checklist to ensure your financial and property affairs are in order.
The recent profit season has proved it will be a slow road to better times for the big banks, so what should you do if you own shares in the Big Four?
With slick technology, no branches and limited products, neo-banks are on the rise in Australia, but can they match the big banks on price?
Josh Frydenberg will unveil the Federal Budget, his first as treasurer, in Canberra tonight. With all eyes on Prime Minister Scott Morrison as he prepares to announce the date of the next federal election, tonight's Budget is an important step in the Coalition's bid for re-election.
Westpac will pay its interim dividend nine days earlier on June 24 in a strategy that appears to be designed to get around Labor's promised changes to the franking tax policy.
You need to own the banks and mining companies, wisdom has it. But do these two cornerstornes of a typical portfolio still deserve their place?
