What is shrinkflation?
Shrinkflation is the practice of shrinking the size of consumer products while maintaining the price.
What is the cash rate and how does it affect you?
Official interest rates, also known as the cash rate, have been the source of countless news stories in recent years, with each movement generating plenty of chatter about the state of the economy, monetary policy, and the general direction it’s all heading.
What is a comparison rate and how is it calculated?
When shopping for a home loan, you’ve probably noticed something called a comparison rate sitting beside the interest rate. But what is the difference between the two? Why is the comparison rate important?
Has Australia hit the interest rate peak? What an RBA hold means for deposits and home loans
The Reserve Bank of Australia has held interest rates steady for two months in a row. Inflation has slowed meaningfully enough for the central bank to wait and see for now, which is great news for those struggling under the weight of rate hikes.
Got a loan or deposit? Compound interest calculator explained
Rainy day funds are essential, and earning interest is a fantastic and easy way to give them a boost. But how do the banks calculate your interest payments?
Calculate interest on loan
When you take out a loan, whether it’s a car loan, home loan or amount on a credit card, you’ll have to pay back both the amount you borrowed and interest on top of it. But what do we mean by that?
Annual interest rate
There are a lot of things you need to research and consider before making any kind of financial decision. One of those is your interest rate.
What are interest rates?
Good question. An interest rate is a fee you're charged for borrowing money, expressed as a percentage of the total amount of the loan.
Fixed interest rate
The flip side of variable interest rates, fixed interest rates are one of the two main types of interest you’ll come across when choosing a loan or bank account.
Variable interest rate
Mozo has compiled this handy guide to give you the rundown on the facts, features, pros and cons of variable interest rates.
Interest rate news
Mozo Money Moves: Inflation climbs, borrowing caps tightened, first home buyer restrictions, and a hack to save $100k on your home loan
This week in Australian finance was dominated by regulatory intervention and stubborn inflation data. Australia's financial safety regulator took action to pre-emptively cap the growth of riskier mortgages, a move swiftly echoed by Australia’s largest bank in its treatment of complex trust lending. Meanwhile, official October inflation figures surprised the market by increasing more than expected, largely driven by soaring housing and electricity costs, confirming that the prospect of a Christmas interest rate cut is now firmly off the table. As consumers head into the Black Friday sales weekend, forecasts suggest a shift toward intentional, value-driven spending, while Mozo provides critical data on how homeowners can save over $100,000 by slightly adjusting their repayment frequency and amounts.
Mozo Money Moves: rate cuts ruled out, deposits blow out, savings fall short, and energy winners
This week, shifting monetary expectations, surging housing credit, and rising cost-of-living pressures shaped the national conversation. Two of the Big Four banks have now ruled out further Reserve Bank of Australia (RBA) cash rate cuts in this cycle, entrenching the ‘higher for longer’ narrative and prolonging the pain for mortgage holders banking on relief in 2026. At the same time, new analysis of home loan deposit requirements shows just how far out of reach the market has moved for single first-home buyers.
Mozo Money Moves: No more rate cuts in 2025, mortgage stress mounts in NSW, holiday borrowing, and a pre-Christmas cash crunch
Australia’s cost-of-living squeeze is showing no sign of easing. This week, the Reserve Bank of Australia (RBA) held the official cash rate steady. For households already stretched thin, the decision offered little relief. Mortgage stress has surged to record highs, household spending remains sluggish, and a growing number of Aussies are dipping into their savings to combat fiscal pressures.
Mozo Money Moves: RBA likely to hold rates, still some home loan cuts, Gen Z investing in their future, and a superannuation wake-up call
Next Tuesday is Melbourne Cup Day. All eyes will be on “the race that stops the nation”, but the chances of the Reserve Bank of Australia (RBA) cutting the cash rate is a real long-shot. It's looking likely rates will remain “held in the gates” until 2026.