Category : Banking


RBA Cash Rate Hits 4.1% After Split Vote

The Reserve Bank of Australia has increased the cash rate to 4.1%, marking a new high after a divided vote among board members, intensifying pressure on borrowers.

RBA Rate Hike to 4.1%: Extra Costs for Australians

The Reserve Bank of Australia has increased the official cash rate to 4.1%, leading to higher mortgage repayments. This article details the extra costs for homeowners and the broader economic impact.

RBA Raises Rates to 4.1% in Second Hike of 2026

The Reserve Bank of Australia has increased the cash rate by 0.25 percentage points to 4.1% at its March meeting. This marks the second consecutive rate rise in 2026, following February's increase to 3.85%.

CBA Reports $1 Billion Mortgage Fraud to Police

Commonwealth Bank has alerted authorities to a potential $1 billion mortgage fraud scheme involving AI-generated documents. Cybersecurity experts warn of sophisticated identity theft using stolen data from major breaches.

Best Savings Returns as Interest Rates Rise

Financial expert Nick Bruining shares where savvy savers can secure the highest returns on their money amid rising interest rates, offering key insights for maximizing savings.

IMB Bank Profit Up 7%, Strengthens Illawarra Base

IMB Bank has announced a 7% increase in annual profit, highlighting its strong financial performance and ongoing commitment to supporting the Illawarra region through local investments and community initiatives.

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