May 2009 News Archive

6th Interest Rate Rise in a Row

News 146
Posted at 01 June, 2009

The Reserve Bank has again slugged the nation's borrowers, raising its key interest rate today for the third month running as it moves to keep inflation in check. The central bank lifted its cash rate by a quarter of a percentage point to 4.......

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Building Approvals Up

News 122
Posted at 01 June, 2009

Building approvals rose across Australia for a second consecutive month in March helped by lower interest rates and boosts to governments grants for first home buyers, economists say. Australian building approvals rose 3.......

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Fixed Rate Time?

News 121
Posted at 01 May, 2009

Borrowers are enjoying generational low interest rates but should consider switching at least a part of their home loan to a fixed mortgage, a leading mortgage broker says.......

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