Borrow Smart

01/08/2023

For the second consecutive month, The Reserve Bank of Australia (RBA) has decided to hold the official cash rate at 4.10%. The decision to keep the official cash rate at 4.10% follows the annual household inflation rate falling from 7% in the March quarter to 6% during the June quarter.

04/04/2023

Following ten consecutive rate rises, the Reserve Bank of Australia (RBA) today decided to hold the official cash rate at 3.60%. Today’s decision was spurred by turmoil in global banking markets and the monthly CPI indicator showing local inflation had eased last month.

08/03/2023

The Reserve Bank of Australia (RBA) today decided to increase the official cash rate for the tenth consecutive time, this time by 0.25% to 3.60%. Despite a slightly lower inflation figure of 7.4% in January, stronger than expected January retail sales have encouraged the RBA to remain on the increas...

19/10/2022

Thinking of purchasing a home but unsure how the loan process works? We’ve got you covered with our handy guide taking you through the process step by step. Head over to our website to find out all you need to know.

http://greatfinance.smartonline.com.au/loan-help/explaining-the-loan-process/

07/10/2022

With rising interest rates, you may be looking to the market in search of refinancing opportunities. To aid you in your decision-making, we've developed a useful guide that weighs up the pros and cons of fixed and variable home loans. https://bit.ly/3ITAMhG

Want to know more? Get in touch today to discuss your options.

28/09/2022

As interest rates begin to trend upwards, you may have concerns about what the future will have in store. That is why we have developed this useful resource sheet to answer some of your questions and help you navigate through the climate of rising rates. https://bit.ly/3JceNmj

Want to know more? Get in touch today to discuss your options.

06/04/2021

The RBA met today and as predicted by most economic experts left the cash rate at 0.10%. The RBA has previously stated that it does not expect rates to increase until it sees sustained wage growth and inflation returning to within its target range of 2-3%. With growing speculation that...

02/03/2021

The RBA met today, leaving the cash rate at 0.10%, in line with their previous guidance that they expected rates to remain unchanged for some time.

The RBA met today, leaving the cash rate at 0.10%, in line with their previous guidance that they expected rates to remain unchanged for some time. The market has been speculating that rates may rise as early as late next year based on optimism around the vaccine rollout, surging iron...