Rachel Wastell

2 weeks ago | mozo.com.au | Rachel Wastell |JP Pelosi

Welcome to Mozo Money Moves, your go-to weekly finance wrap, unpacking the latest shifts in Australia’s financial landscape. This week, rate cut speculation ramped up as NAB broke ranks with a bold prediction: a 50 basis point cut as soon as May. Meanwhile, mortgage buffers are being reconsidered and term deposit rates are getting smashed – potentially signalling a faster than expected easing cycle. NAB also announced big cuts to its fixed home loan rates ahead of May's cash rate meeting.

1 month ago | mozo.com.au | Rachel Wastell

Welcome back to Mozo Money Moves, your weekly interest rate wrap that keeps you up to date with what’s been going on in the world of personal finance. This week, sticky unemployment figures didn’t do much to move the needle on the consensus that the Reserve Bank of Australia (RBA) will hold the cash rate at 4.10% at their next cash rate meeting. Meanwhile, the Big Four banks made money moves in home loans and savings to ‘click and collect’ digital customers.

1 month ago | mozo.com.au | Rachel Wastell

This week’s Mozo Money Moves takes a step back from our recent focus on how variable home loan and deposit rates have responded to the RBA move. Most lenders have now passed on the 0.25% interest rate cut to savers and mortgage holders after the Reserve Bank of Australia (RBA) cut the cash rate last month, so this week we’re diving into analysing what’s happening in other lending categories. We also share our latest analysis on how Trump’s Tariffs could impact interest rates.

1 month ago | mozo.com.au | Rachel Wastell

Welcome back to Mozo Money Moves, where each week we bring you the latest insights in personal finance. This week we’re diving into how 49 lenders have now passed on the recent Reserve Bank of Australia (RBA) rate cut, and the competitive home loan rates on offer. We also look at how 77 banks have trimmed savings rates and the hidden costs for savers who don't meet conditions, how term deposit  rates have been slashed both before and after the cut and the RBA’s reasoning behind last month’s cut.

1 month ago | l8r.it | Rachel Wastell

As interest rates continue to dominate the headlines after the Reserve Bank of Australia (RBA) cut the cash rate last week, Mozo’s database has been flooded with a downpour of thousands of rate changes across savings and home loan products.