Congrats to our November Winner — Robert wins a $500 Bunnings voucher! We appreciate your feedback, that’s why each month we give our customers who have recently settled a loan the chance to go in the competition to win a small thank-you gift. This month’s winner is Robert, and they’ve…
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The Reserve Bank of Australia (RBA) has announced a hold on the cash rate of 4.35% at today’s meeting. The decision to keep the cash rate unchanged reflects a balance between domestic and global economic factors. Inflation in Australia is currently at a three-year low, with the Consumer Price Index (CPI)…
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RBA Rate Fluctuations: Historical Context. The Reserve Bank of Australia (RBA) has had a dynamic interest rate journey in recent years. In response to the COVID-19 pandemic, the RBA slashed rates to a historic low of 0.10% to support economic recovery. However, beginning in May 2022, as inflationary pressures intensified,…
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Congrats to our October Winner — Darrell wins a $500 Bunnings voucher! We appreciate your feedback, that’s why each month we give our customers who have recently settled a loan the chance to go in the competition to win a small thank-you gift. This month’s winner is Darrell, and they’ve…
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The Reserve Bank of Australia (RBA) has just announced a hold on the cash rate of 4.35% at today’s meeting. August 2024 data shows unemployment rates steady at 4.2% but this is up from a low of 3.5% in mid-2022. The US Federal Reserve reduced its interest rates by 0.50%…
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Congrats to our September Winner — Warren wins a $500 Bunnings voucher! We appreciate your feedback, that’s why each month we give our customers who have recently settled a loan the chance to go in the competition to win a small thank-you gift. This month’s winner is Warren, and they’ve…
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Do you have some small, overlooked patches of earth at your place that you think are good for nothing? Check out our chat with clever gardeners Kat and Kushla, who prove that even 50cm strips of unused space can produce delicious edible bounty. We take the microscope to property prices…
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Congrats to our August Winner — Susan wins a $500 Coles Myer voucher! We appreciate your feedback, that’s why each month we give our customers who have recently settled a loan the chance to go in the competition to win a small thank-you gift. This month’s winner is Susan, and…
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The Reserve Bank of Australia (RBA) has just announced a hold on the cash rate of 4.35% at today's meeting. With the June 2024 quarter Consumer Price Index (CPI) coming in slightly lower than some expected at 3.8% and monthly unemployment rising to 4.1% in June 2024, this decision reflects…
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The cost of living The cost of living is high at present, one way to fee up some more cash and relieve cost of living pressures, would be to consider consolidating your debts. Example below. Existing Loans. Home Loan $600,000.00, current interest rate 6.50%, repayments $4,052.00 per…
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