Making broker news this week, a new franchise operation has officially launched; ANZ has announced the departure of their mortgage channel head; and a shock move by the RBA saw cash rates slashed
After leaving the official cash rate on hold for a year, a senior official at one of Australia’s biggest banks believes the RBA could announce another cut in the coming months
Mortgage interest rate cuts have continued following the RBA's decision to trim the official cash rate by 25 basis points this week
The major banks have wasted no time in responding to the RBA's cash rate cuts, but not all major banks have passed the rate cut on in full
The latest NAB monthly survey shows a slide in business sentiment, yet the overall environment remains promising.
In a move that will likely come as a surprise to many the Reserve Bank of Australia has elected to cut the official cash interest rate following today’s board meeting