Today the ANZ decided to increase its variable rate by 0.06% to 7.36%, taking it in line with Westpac.

In the same meeting they decreased their 3 year fixed rate by 0.15% to 5.99%.

See below points from ANZ's media release.

We are expecting other lenders to follow suit so stay tuned for further updates.

ANZ’s monthly interest rate review which considered:

• the intense pressure on retail and business margins in recent months being ...

The RBA today has decided to leave rates unchanged. Their decision to do so would have been encouraged by a perceived improvements in Global sentiments from an improving American economy to positive actions to improve the situation in Europe.

Although consumer spending in Australia is still soft, and this being the first the RBA meeting for 2012, it appears that they will adopt a wait and see approach.

This will give the RBA time to see if the improvements in ...

We often get ask the question, “should we pay cash for our car, or finance?”

The answer to this is inevitably CASHFLOW. For most, if not all small businesses, cashflow is the life blood of their survival.

By taking out car finance, not only will businesses will be able to maintain a new fleet of vehicles, but they will also be able to keep the cashflow in their business, rather than locking it away in a motor vehicle.

Various types ...