RBA keeps interest rates steady

Business as usual at the RBA

- October 6, 2023 3 MIN READ

RBA Board meeting week and it was steady as she goes. A change in RBA Governor from Philip Lowe to Michele Bullock made no difference at all… and I suspect that was the point. There was all sorts of talk in the lead up to the meeting about whether Michele would stamp her own unique… Read more »

Is this the end of interest rate rises?

Is this the end of interest rate rises?

- July 7, 2023 3 MIN READ

Yes, it’s that time of the month when the Reserve Bank decides your mortgage repayments. This time they’ve given us a breather. On Tuesday, the RBA kept official interest rates on hold at 4.1 per cent. BUT (yes, I deliberately put this in capitals) don’t think this is the end of the rate hike cycle.… Read more »

Increase your borrowing capacity with these tips
Your Money

How to boost your borrowing capacity as interest rates rise

- March 24, 2023 4 MIN READ

Yes, rising interest rates stealthily reduce your borrowing capacity. Fortunately there are a few simple things you can do to increase it. I’ve talked about this a few times over the last couple of months. Not only do rising interest rates increase loan repayments, they also reduce your borrowing capacity because the so-called “serviceability test”… Read more »

Is Aussie inflation slowing

Is Aussie inflation slowing?

- December 2, 2022 4 MIN READ

A big week for getting a temperature on the economy leading into Tuesday’s RBA interest rate decision… and that pesky Aussie inflation figure looks to be heading in the right direction. Consumer prices, CPI, rose 0.2 per cent in October and 6.9 per cent over the year, which is slowing down and came in well… Read more »

Healthy signs for the Australian economy

Two very healthy signs for the Australian economy

- November 11, 2022 3 MIN READ

Here are two clear signs that things are looking pretty good for the Australian economy right now. 1. We’re coping with the interest rate increase impact on our home loans When Westpac declared their disappointing earning result this week – which hammered its share price – I was interested in the page summarising the state… Read more »