Reason behind ASX plunge
After Wall St sank lower overnight, the Aussie sharemarket wiped off 0.8 per cent of its value with the big four banks all finishing lower.
After Wall St sank lower overnight, the Aussie sharemarket wiped off 0.8 per cent of its value with the big four banks all finishing lower.
The Aussie share market plunged on Tuesday to its lowest level in six months following a rout in US Treasuries overnight.
Borrowers have been offered some brief reprieve with the RBA’s latest decision, but it’s come with a warning.
Australians are paying an enormous chunk of their income in mortgage and it’s about to get a whole lot worse for millions.
THE RBA has shrugged off Brexit fears to leave the official cash rate on hold at 1.75 per cent, but most experts are tipping a cut next month.
HOME owners are being offered unprecedented five-year fixed rate deals in a move that indicates rates will stay low for some time yet.
THE RBA has left the official cash rate on hold at its historic low of 1.75 per cent, but borrowers can look forward to some more relief soon.
DESPITE record low interest rates credit card rates are nearly 10 times the nation’s cash rate — the highest ever ratio. What you need to know.
FIXED-rate interest rate deals have hit an all time low in Australia as borrowers enjoy some of cheapest-ever costs to pay back their loans. But don’t be too easily lured.
DELAYING interest rate announcements after this month’s Reserve Bank decision has left many customers feeling let down by mortgage lenders.
HOME loan customers are missing out on significant savings thanks to banks taking their time to pass on interest rate cuts. Which is the slowest of the big four?
WITH the Reserve Bank cash rate tipped to fall even further in coming months, experts detail how home loan borrowers should ensure they aren’t ripped off.
LOYALTY to the big four banks is costing customers as their standard variable home loan interest rates remain higher than the rest of the market.
A STRONGLY tipped cash rate fall next week could leave borrowers no better off with expectations lenders will not give them a break.
Original URL: https://www.adelaidenow.com.au/business/economy/interest-rates/page/175