RBA gives APRA’s use of macro tools a tick of approval
Ahead of an expected move to impose tougher lending rules on the banks, the Reserve Bank has looked into previous attemp...
Making headlines this week, The Daily Telegraph has reported that Australia’s major banks could soon cut their variable rates.
In the last few weeks, the major banks' lending margins have eased slightly, giving them breathing room to offer more competitive rates.
Yellow Brick Road founder Mark Bouris agreed and said it is only a matter of time before one of the big banks slashes its SVR in a bid to grab more market share.