RBA’S FIRST CASH RATE IS OUT
The Reserve Bank of Australia has announced its decision on the official cash rate for this month amid speculation that a rate rise may happen sooner than expected. However, it remained on hold, fuelling further speculations by analysts that the cash rate is likely to increase later this year.
GIVE YOURSELF A RATE CUT
The Reserve Bank of Australia has held the official cash rate for 2022. As it chose to maintain the current 0.1% – a record low, questions linger. And as we gear up for possible interest rate rises later this year, how can Aussie homeowners keep their rates and repayments low? Here are a few tips.