The RBA held the cash rate at the historic low of 0.75% today, as Australians lose confidence in their household finances and the nation's economic outlook.
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Australia's big four banks are back in the hot seat, this time for their failure to pass on central bank rate cuts to consumers.
In recent months we have heard noise about a possible recession across global economies, so should we still be concerned?
While you could sit back and hope your current lender passes on the latest rate cut in full, taking charge and seeking out a better deal instead could see you shave thousands off your annual home loan repayments.
A strong rebound in Sydney and Melbourne housing values wasn't enough to stave off a rate cut today, with the RBA slashing interest rates to a new record low.
The economy appears to be at a turning point as Reserve Bank Governor Philip Lowe hints at another rate cut next week.
The RBA held interest rates at its September meeting today, and the resurgence in Sydney and Melbourne housing values was likely a key topic of conversation.
