Hatch Financial Services News

ANZ is a favourite lender of mine. But its decision to raise its variable home loan interest rate beyond RBA official rate movements has ruffled my feathers and those of many clients. Read more

At its meeting today, the Board decided to leave the cash rate unchanged at 4.75 per cent. Read more

I do not think that this headline will be “news” to many but thought that those wishing to understand the housing market might find this information helpful to know and understand… Read more

Predictions are strong for continued interest rate rises in 2011, but the good news is that many economists believe the cash rate will remain well below 2008 levels. Read more

The Federal Treasurer announced a raft of “initiatives” on the weekend aimed at increasing competition in the banking sector.  According to the Treasurer, competition is being inhibited by the dominance of the 4 big banks. Read more

A panel of experts was recently asked where they thought the RBA cash rate would be in 12 months time (currently 4.5 per cent). Here is a snapshot of what they said: Read more

At its meeting today, the Reserve Bank Board decided to raise the cash rate by 25 basis points to 4.5 per cent, effective 5 May 2010.  The RBA Governor released the following statement: Read more

At its meeting today, the Board decided to raise the cash rate by 25 basis points to 4.0 per cent, effective 3 March 2010. Read more

ANZ & CBA have both moved immediately following the RBA announcement today to lift their variable home loan rates by 0.25% passing on the full RBA rate rise (but no more). Read more

With interest rates on the rise, and further rate rises expected it is not surprising the clients are starting to worry about how they are going to manage. Our financial landscape is changing.  Read more