interest rates

Hi Paul, We have recently purchased a vacant block of land and are going to build a new home to live in. The total value of the land and house is about $900,000 and it should be completed in June 2021. We paid off our current townhouse, valued at $630,000 ... More

Is now a good time to consider fixing interest rates? My preference has always been a variable rate, but it appears the Reserve Bank doesn't have much room or appetite to move lower. I am currently on a variable rate for all my three property mortgages ... More

Prospective mortgage holders, those with variable loans or those looking to refinance have been denied further relief from the Reserve Bank of Australia (RBA), which decided to hold the cash rate at 0.25%. While RBA governor Philip Lowe left the door ... More

The banks are taking off the gloves in their fight for market share with the buy now, pay later (BNPL) providers, with National Australia Bank (NAB) and Commonwealth Bank (CBA) both rolling out no interest credit cards. On Thursday, NAB launched the ... More

Savings and term deposit account holders have missed out on about $1.6 billion dollars over the last half year as banks slowly lower rates. The research by comparison site Mozo.com.au observed 257 rate cuts to bank accounts, 635 rate cuts to savings ... More

Michael Tomalaris, SBS newsreader, veteran sports reporter and long-time advocate of the Tour de France is spending his first July in Sydney for many years. Normally he would be in France covering the Tour which he's done for the past 24 years ... More

The arrival of open banking - which allows financial institutions to share customer data - should give households the ability to track down better deals and products. But it also raises concerns about the privacy and security of personal information. ... More

What do you wish you knew before you bought your first property? When we put this question to four members of the Money team, it wasn't a list of boom suburbs they wished for, but a better understanding of just how mortgages and the cost of home-ownership ... More

I am 91 and my wife is in her mid-80s. She is conservatively inclined in regard to her funds but has become progressively depressed as to how to retain the integrity of her capital. In the past few years she has taken some pride in playing one bank ... More

Livinia Nixon began her career in TV commercials in the 1990s before moving to children's television show Plucka's Place , iconic Aussie classic Hey Hey It's Saturday and then to radio before returning to television hosting quiz shows Temptation ... More