RBA trims cash rate to new record low 0.10%

If you didn’t back a winner on Melbourne Cup Day then fret not: the Reserve Bank of Australia (RBA) has delivered mortgage holders a win by cutting the official cash rate by 15 basis points to a new record low of 0.10%.

When you should refinance

Found a cheaper rate Have you ever thought: “My lender is charging me a higher home-loan rate than I see advertised elsewhere. Can I change lenders?” This is the main reason most people change lenders and a broker can help you work out the potential savings. When shopping around, a… Read more