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New SME Recovery Loan Scheme welcomed

Lenders have welcomed the government’s new SME Recovery Loan Scheme for businesses receiving JobKeeper, citing it as a “thoughtful exten...

RBA rate forecasts defy global view

The RBA has laid to rest any chance of a rate rise before 2024 despite expectations that other central banks could raise rates next year and in 2023.

Major bank slashes fixed rates

Westpac has lowered mortgage rates across the banking group on its fixed rate owner-occupier and investment loans by up to 20 bps, effective 9 March.

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