Mortgage relief with rates to be halved
INTEREST rates are tipped to fall to 3.75 per cent rate by March so that the Government can steer the country away from recession.
Interest Rates
It’ll be bad, but not that bad, RBA says
CONSUMER prices will rise faster than expected, and some jobs will probably go, but Australia is likely to avoid a crushing recession, according…
Aussie drops rates again
AUSSIE Home Loans has dropped its standard variable mortgage rate by a further 40bp.
Rudd ‘tough as marshmallow’ on banks
PRIME Minister Kevin Rudd is about as “tough as marshmallow” in demanding that retail banks pass on the latest official interest rate cut in full,…
St George cuts interest rates
ST GEORGE has cut its standard variable rate by 62bp, making it the last of the big banks to move after the RBA’s cut on Tuesday.
AMP passes on full rate cut
MORE banks cut their interest rates yesterday, but only one has passed on the full 0.75 per cent cut made by the RBA.
Banks slow to react to rate cut
THE big banks have been slow to react after the Reserve Bank cut interest rates by a larger-than-expected 75bp yesterday.
Interest rates likely to keep falling
THE Reserve Bank is likely to keep slashing interest rate, economists say, after cutting its key rate by 75 basis points today.
CBA first bank to cut mortgage rates
CBA was the first major bank to cut its variable home loan interest rates, after the central bank eased official rates.
Rate cut the hot tip on Cup day
IF economists are right, the safest bet you can make on Cup Day is that the Reserve Bank will cut interest rates when it meets.
Inflation limits rate cut scope – RBA
AHEAD of next week’s interest rate announcement a top RBA policymaker says high inflation will limit the scope for rate cuts.
Westpac, St George cut home loan rates
WESTPAC are the latest bank to cut rates, slicing 0.2 percentage points off standard variabe home loans.
Rates tipped to drop under 5pc
AUSTRALIAN interest rates are tipped to fall to the lowest level since the aftermath of the September 11, 2001, terror attacks as the central bank worries about a recession.
NAB, Westpac cut fixed interest rates
NAB has joined Westpac in cutting fixed interest rates on home loans.
Bendigo Bank cuts home loan rates
BENDIGO Bank has followed Australia’s major lenders in passing on an 80 basis points cut to its variable home loan rate.
BankWest cuts rates by 80bp
BankWest has cut its standard variable rate by 80 basis points from 9.25 per cent p.a to 8.45 per cent per annum.
Economists predict global wave of rate cuts
AUSTRALIAN economists are now betting central banks worldwide will slash cash rates in a unified assault on the global financial crisis.
Bold rates move for a soft landing
AUSTRALIA is still heading for a sharp economic slowdown — or even recession — despite yesterday’s drastic rate cut.
Westpac cuts rates, big banks follow
WESTPAC was the first bank to lower home loan rates today, after the RBA cut the official rate by a huge 1 percentage point.
Borrowers shouldn’t expect much rate relief
THE RBA is widely expected to cut official interest rates today but borrowers have been warned not to expect too much relief.
Banks on $25 billion gravy train
AUSTRALIA’S banks will reap an estimated $25 billion if they pass on only half of the expected 0.5 per cent interest rate cut.
Rates set to be slashed – will banks follow?
INTEREST rates will be cut deeper and faster than previously expected, as the global financial crisis continues to bite.
CBA won’t commit to further rate cuts
COMMONWEALTH Bank of Australia says it is unable to guarantee matching any further reduction in official interest rates.
Weak dollar could delay rate cuts
A WEAKER dollar could delay an interest rate cut due to worries about the effect of higher petrol prices on inflation, economists say.
NAB won’t commit to rate cuts
NAB says it can’t commit to passing on any further rate cuts because of increased volatility in international credit markets.
St George cuts fixed home loan rates
ST George is cutting its fixed interest rate home loans by up to a quarter of a percentage point.
Rate cut ‘still likely’ in October
THE turmoil in world financial markets has increased the chance of a follow-up interest rate cut in October, economists say.
Westpac cuts fixed rate home loans
WESTPAC will drop its fixed interest rates for both new and existing customers by up to 0.3 percentage points from tomorrow.
ANZ cuts fixed interest rates again
ANZ will drop its fixed interest mortgage rates for new customers by up to 0.2 percentage points from Monday.
Rates relief will be slow
THE economy will continue to slide for at least six months as rates fall only gradually — painfully slow relief for struggling families.
Original URL: https://www.news.com.au/finance/economy/interest-rates/page/76