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Interest rates are coming down. Here’s what homeowners should know about refinancing

  • Written by Ama Samarasinghe, Lecturer, Financial Planning and Tax, RMIT University
Interest rates are coming down. Here’s what homeowners should know about refinancingdoublelee/Shutterstock

On Tuesday, the Reserve Bank of Australia cut the target cash rate by 0.25 percentage points. It now sits at 3.85% – the lowest since May 2023.

Australia’s big four banks were all quick to announce they would be passing the cuts on to borrowers. If you’ve got a mortgage, you might be wondering if this is...

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Thryv wins national accolade at 2025 Australian Service Excellence Awards

  Thryv® (NASDAQ: THRY), Australia’s provider of the leading small business marketing and sales software platform, announced that Greg Nicolle, G...

pay.com.au unveils first-of-its-kind FX rewards feature, becoming the most flexible rewards solution for Aussie businesses

pay.com.au, the end-to-end payments and rewards platform, today announced the launch of International Payments, Australia’s first foreign exchange...