Interest Rates and Inflation

Tuesday, April 5th, 2011

Mark Bouris explains what happens to mortgage rates when banks push up deposit rates. This video is a small excerpt from a seminar presented by Mark Bouris at the Melbourne Trading & Investing Expo & Seminars earlier this year about Interest Rates. Mark Bouris believes that all Australians deserve access to ...

Westpac lifts rates by 35 basis points

Monday, November 15th, 2010

Bank's mortgage rates now highest of big four. 13 Nov 2010 7:25 AM View full post on WBC | RSS Business News Feed | Business Spectator

Westpac lifts rates by 35 basis points

Monday, November 15th, 2010

Bank's mortgage rates now highest of big four. 13 Nov 2010 7:25 AM View full post on WBC | RSS Business News Feed | Business Spectator

RBA Leaves Interest Rates On Hold

Tuesday, July 6th, 2010

The Reserve Bank has opted to keep interest rates steady at its board meeting today. It was a widely expected move and will give mortgage holders another welcome breather from the six rate hikes they have endured since September last year. "It looks as though the earlier interest rate hikes are already ...

RBA Raises Rates Again to 4.25%

Tuesday, April 6th, 2010

8 out of 15 economists had predicted what almost the entire country was certain of happening today - The Reserve Bank Of Australia raising interest rates by another 0.25% to 4.25%. With a decline in inflation and the appearance of unemployment having peaked at lower than expected levels quoted as being ...

RBA Raises Interest Rates By Another .25%

Tuesday, March 2nd, 2010

As expected, the Reserve Bank of Australia has today raised interest rates once again, after stronger than expected house sales, a drop in unemployment to 5.4% and other dominating factors indicating a significant improvement in the economy. "With the risk of serious economic contraction in Australia having passed, the Board ...

Interest Rates Are Going Up!

Tuesday, August 4th, 2009

Ahead of the Reserve Banks announcement this afternoon regarding interest rates, where they are expected to hold at current levels once again, yesterday Westpac Bank decided to increase it's fixed interest rates by quite a substantial amount. All of the fixed term mortgage rates offered by Westpac have risen by between ...

New feature for Interest Rate Comparison

Tuesday, May 19th, 2009

For those of you who haven't already noticed, we have added a nifty little new feature to our site - the ability to quickly view whether an updated interest rate has moved up or down. This can be seen from any page on our site that lists interest rates, such ...

Early to rise, slow to fall

Friday, February 20th, 2009

It never ceases to amaze me how quickly banks will raise mortgage rates when the official cash rate goes up (in some cases even before!) and yet how slow those very same banks are to pass on a rate saving to the customer. I noticed after the last reserve bank announcement ...