RBA makes cash rate call for August
The Reserve Bank of Australia has made its latest call on the official cash rate. ...
New research from independent market analyst Datamonitor has found that innovative product offerings successfully stimulated interest with first home buyers.
The bank created the FamilyLink product in a bid to reward the first time buyers and their family for savings.
The product allowed family members of a mortgage customer to earn bonus interest by linking their deposit accounts, which can include multiple accounts with a different purpose, such as a savings account for a family member, or a payroll account for an employee.