Interest rates news and advice

All the latest news on interest rates in Australia.

Money moves 16 may 2025

Mozo Money Moves: Deposit rates dip, further fixed rates fall ahead of RBA call, plus the latest personal loan perks and People's Choice Awards

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.

What is a trumpcession and what does it mean for australia

What is a 'Trumpcession' – and what does it mean for Australia?

The term 'Trumpcession' is a mash-up of 'Trump' and 'recession', referring to a potential economic downturn linked to US president Donald Trump's policies. With Trump now back in the White House, his administration has moved quickly to implement a series of tariffs on a range of imports – including those from China, Canada, Mexico, and from here in Australia.