Dashcam may reduce your car insurance premiums
Your Money

A good hack to bring your car insurance premiums down

- February 23, 2024 2 MIN READ

You may already have what you need to bring your car insurance premiums down an average of 4.15 per cent. Usually, small black boxes are associated with expensive rings, but what if one that many drivers already have could be saving you money instead? Car insurance comparison website Compare the Market (where I am Economic… Read more »

RBA interest rates
News

A hefty dose of RBA financial therapy

- February 9, 2024 3 MIN READ

A tumultuous week for finance nerds like me who for years have excitedly marked the first Tuesday of the month in our calendars as “Reserve Bank Board Meeting Day”. This week was the last RBA board meeting on the first Tuesday of the month… the next one will be Tuesday March 19 as the RBA… Read more »

Government and home loans
News

My challenge to the government to ensure you get the best deal on your home loan

- February 9, 2024 3 MIN READ

Interest rates may be on hold after this week’s RBA board meeting but thousands of homeowners are still paying more for their home loan because they have fallen onto so-called “back-book” rates. Back-book rates are where existing loyal customers are being charged a higher interest rate than new “front-book” customers. That difference is as much… Read more »

Interest rates on hold
News

No more rate hikes — but they won’t come down anytime soon

- February 2, 2024 3 MIN READ

For weeks I’ve been pointing toward Wednesday’s December quarter Consumer Price Index (CPI) announcement as being crucial to setting the tone for interest rates this year.  Well, the result was really encouraging and basically signalled the top of this interest rate cycle. The headline CPI rose 0.6 per cent for the December quarter and 4.1… Read more »