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...

02/02/2021

Latest RBA rate announcement is not surprising but watch this space as house prices continue upwards. House prices have now increased above pre-COVID-19 levels. How will the RBA manage a potential bubble? If you want to know more or how this may impact you, contact me for a chat.

Today the RBA met for the first time in 2021 and have decided to leave the cash rate unchanged at 0.10%. Our central bank will have been encouraged by recent better than expected unemployment and CPI numbers. It will also be keeping a close eye on rising house prices, lending...

01/12/2020

After a challenging year, the RBA has met for the final time in 2020 and decided to leave the cash rate unchanged. After reducing the rate three times during the year, including to a record low of .10% last month, the RBA opted to wait until its next meeting in...