RBA rate cut: Is now the time to refinance?
The RBA has cut rates by 0.25% for the second time this year and much to the relief of borrowers across Australia most banks and lenders are following suit.
The RBA has cut rates by 0.25% for the second time this year and much to the relief of borrowers across Australia most banks and lenders are following suit.
If you’re a small business owner, having the right financial products at your disposal to help you scale and grow your business is just as important as having the right employees, marketing plan, and operations strategy.
This week we’re back with another bumper edition of Money Moves, as just over one week after the Reserve Bank of Australia (RBA) delivered the rate cut, mortgage relief is finally starting to kick in.
As the end of financial year (EOFY) approaches, homeowners are ramping up their refinancing efforts – and with good reason. After two Reserve Bank cash rate cuts in 2025, borrowers are seizing the opportunity to reset their home loan and improve their financial footing heading into the new financial year.
IMB Bank has sliced 40 basis points off its two- and three-year fixed rate home loans – almost doubling the Reserve Bank’s May cut of 0.25% – and further cementing its place as one of our top picks for the cheapest home loans currently available.
Australians are embracing the shift from physical bank and ATM cards, with smartphone-powered payments leading the charge. However, the next frontier in how we pay may not be in your hand – but on your wrist or even in your palm.
The June 30 tax deadline is fast approaching, and there’s a key update to superannuation you may have missed: the annual limit for concessional (tax-deductible) super contributions increased to $30,000 for this 2024/25 financial year, up from $27,500.
Whether you’re running an online store, freelancing after hours or delivering Uber Eats on your bike, your side hustle could be under the tax microscope at the end of the financial year (EOFY).
When it comes to taking out a home loan, it’s all too easy to stick with the familiar names – the big banks, the flashy ads, similar offerings. But savvy borrowers are increasingly looking beyond the usual suspects and discovering that smaller, regional lenders can pack a serious punch when it comes to value, service, and flexibility.
Australians are embracing online share trading platforms as advanced technology, increased financial literacy, and competitive pricing reshape the way people invest.
Welcome back to Mozo Money Moves, your weekly personal finance wrap that dives into the data, to share what’s been happening behind the scenes in retail banking.
This week, the Reserve Bank of Australia (RBA) delivered its second modest rate cut of the year, signalling a clear downward trend in interest rates. While this might seem like bad news for savers, there’s still time, and strategy, to make the most of what’s left on the table.
The Reserve Bank of Australia (RBA) trimmed the cash rate for the second time in 2025 – down 25 basis points from 4.10% to 3.85%.
Welcome to Money Moves, your weekly rundown of what’s shifting in the world of interest rates and financial products. This week, potential homebuyers are in somewhat of a wait-and-see mode ahead of next Tuesday’s cash rate decision – but that hasn’t stopped a wave of pre-emptive action by the banks on term deposits and home loan rates.
Clunky interfaces, confusing navigation, and feature bloat have long plagued the digital banking experience, especially when you’re just trying to do the basics. But that tide is starting to turn.
Today, Mozo is thrilled to announce the winners of the Mozo People’s Choice Awards for banking and finance for 2025, after more than 4000 Aussies had their say, revealing their picks for the best of the best across a range of categories.
Today Mozo unveils the winners of the Mozo People’s Choice Awards for insurance in 2025, after more than 4000 Aussies voted for the best brands across a range of categories.
With the Reserve Bank of Australia (RBA) widely expected to deliver another interest rate cut on 20 May, time is running out for savers to lock in higher term deposit rates before they slip further.
Welcome to Mozo Money Moves, your go-to weekly finance wrap, unpacking the latest shifts in Australia’s financial landscape.
With home loan rates finally coming down following the February rate cut, there's never been a better time to compare how much you could save on your mortgage repayments.
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Looking for a super fund that delivers strong performance and operates purely for your benefit? Aware Super and HESTA are leading profit-for-member choices that have both received consistent recognition within the industry.
If you find yourself behind the wheel more than you get to spend relaxing at home, you probably have a good sense of what matters most on the road: a dependable and safe car, regular upkeep like oil changes and tyre rotations, and knowing the best routes to take.
When most of us check our bank account, it’s for one of three reasons: Has my pay landed? What’s my balance? And seriously – did I really spend that much on sushi last month?
The ‘Bank of Mum and Dad’ is handing out record amounts to help kids buy homes, but Mozo’s latest data reveals even a massive $74,000 gift isn't enough. Aspiring homeowners still need an annual income nearing $150,000 to manage a mortgage on an average-priced property, according to the Mozo Bank of Mum and Dad Report 2025.
After a short hiatus – thanks to the Easter gift of multiple long weekends – we are back with a bumper edition of Mozo Money Moves.