Interest rates news and advice

All the latest news on interest rates in Australia.

Money moves 19 jul 2024

Mozo Money Moves: Big Four TD rates follow cash rate forecasts

This week’s Mozo Money Moves dives into how term deposit rates are shifting and the latest unemployment data. With just over two weeks left until the Reserve Bank of Australia (RBA) meets to decide the direction of the cash rate, the new data from the Australian Bureau of Statistics (ABS) has reaffirmed Mozo’s stance that a 14th rate hike is unlikely.

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What will home loan interest rates do in 2024

What will home loan interest rates do in 2024?

The last two years have been chaotic ones for home loan interest rates. Between May 2022 and November 2023, the official cash rate jumped a staggering 4.25%, bringing average home loan rates up by almost the same amount in the Mozo database.

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