The nation’s central bank didn’t stop there, indicating it will cut rates again if employment, economic growth and the global economy don’t improve.
News
Commonwealth Bank has slashed its mortgage rates stoking competition in lending market
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26 September 2019
Commonwealth Bank has stoked the fire of competition among the big banks by slashing its fixed interest rates by up to 90 basis points across its mortgage products.
Unemployment figures add the pressure for another rate cut
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23 September 2019
The economic growth forecast for Australia has been heavily reduced, increasing the likelihood of an imminent interest rate cut.
Five ways technology is improving the finance process
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13 September 2019
The spectre of automation and technology hangs over a lot of industries in 2019 and the finance and mortgage sectors are not immune from innovation and evolution.
Price gap widens between house and apartment in Melbourne's favourite suburbs
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10 September 2019
The huge flood of new apartment construction in recent times has left apartment prices close to the city stagnating.
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