Refinance News

Sluggish Wage Growth and Rising Costs Recent data from the Australian Bureau of Statistics (ABS) shows wage growth slowing down, with the Wage Price Index (WPI) rising just 3.5% for the quarter ending in September. For the first time since mid-2023, WPI growth has dropped below 4%, and average hourly wage increases have slipped to …

Wage Growth in Australia Slows Down: Here’s What It Could Mean for Interest Rates and Your Wallet Read More »

This week, big four bank NAB changed its prediction for the RBA’s first rate cut from May 2025 to February. This gave people more hope for a rate cut in the near future. It happened after CommBank pushed back its own rate cut forecast from November to December. This suggests that the market is starting …

Huge Savings Up for Grabs: Banks Slash Rates Read More »

The observed decline in trends has compelled lenders to lower interest rates, thereby creating a favorable opportunity for both prospective homebuyers and current homeowners to explore their mortgage options. Today’s update. South West Slopes Bank Launches Lowest Fixed Rate Home Loan in a Year • South West Slopes Bank, has finally launched the building’s new …

Homeowners Save Thousands as Mortgage Rates Continue to Drop! Read More »