The Reserve Bank of Australia (RBA) was widely expected to cut rates at its latest monetary policy meeting. However, that decision did not come to pass. Some would-be homebuyers may be tempted to hold off on entering the market until further cuts are announced.
The Reserve Bank of Australia (RBA) has kept the cash rate unchanged at its latest meeting, despite all of the Big Four banks, most economists and the ASX futures market predicting a cut.
If life insurance or other personal cover is on your mind – perhaps you have a family to protect, a career with unique risks, or simply want the security of knowing you're prepared for unexpected events – then finding a sustainable way to manage premium payments can be a real challenge.
It was a week of fancy footwork as banks repositioned deposit and home loan products before the Reserve Bank of Australia (RBA) rate call next Tuesday. ANZ sliced fixed rates, only to flip its rate cut forecast hours later — which means all Big Four banks are now betting on a rate cut on Tuesday.
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If you're one of the thousands dealing with the aftermath of this week's wild weather, the clean-up phase can be a massive job. With the NSW State Emergency Service (SES) responding to over 4,000 incidents, from flooded homes on the South Coast to widespread wind damage across Sydney, your home insurance plays a key role as you pick up the pieces.
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The new financial year has just arrived, making it the perfect time to consider giving your superannuation a significant boost. Making a concessional contribution is a smart way to save for retirement, reduce the tax paid on that income, and potentially place you into a lower tax bracket.