Network Finance

Blog by Network Finance

RBA lifts cash rate for the third month in a row to 1.35%
The Reserve Bank of Australia (RBA) has increased the official cash rate by another 50 basis points to 1.35% amid continuing inflation pressures. How much will this third consecutive rate hike increase your monthly mortgage repayments?
05.07.22 03:08 PM - Comment(s)
Financial hardship arrangement reporting is about to change
With interest rates on the way back up, there’s no doubt some households around the country are starting to do it a bit tough. Coincidentally, some big changes kick in on July 1 when it comes to recording financial hardship arrangements.
30.06.22 12:13 PM - Comment(s)
Want a first home buyer scheme spot? Heres how to get the inside lane
We’re just days away from 35,000 first home buyer scheme spots becoming available on July 1. If you’re keen to snare a place in the scheme – and buy your first home sooner – here’s how to get ahead of the pack.
30.06.22 12:13 PM - Comment(s)
Refinancing numbers are surging across the country, heres why
Rising interest rates got you feeling a little vulnerable? It might be time to take some control back by refinancing or asking for a rate review. Here’s why we’re seeing refinancing numbers surge across the country.
30.06.22 12:12 PM - Comment(s)
RBA increases cash rate for second consecutive month, to 0.85%
The Reserve Bank of Australia (RBA) has increased the official cash rate by 50 basis points to 0.85%. How much extra should you expect to pay on your home loan?
30.06.22 12:11 PM - Comment(s)