The banks reacting to the rate cut

The banks reacting to the rate cut

It’s no surprise a number are still deciding on a course of action, considering Reserve Bank of Australia governor Dr Philip Lowe considered the situation facing Australia, and the world more broadly, as “extraordinary and challenging” and is attempting its own...
Over $100bn to encourage lending to SMEs

Over $100bn to encourage lending to SMEs

The Morrison government announced on Thursday an investment of up to $15 billion to enable smaller lenders to continue supporting Australian consumers and small businesses. The government’s actions will enable customers of smaller lenders to continue to access...