AMP Bank

AMP customers are being warned that they may be targeted by scammers through legitimate looking text messages. The financial institution has asked customers to please remain vigilant about any potential scams being sent through SMS. “We’re…

Westpac is now expecting Australia’s official cash rate to hit 4.1 per cent by May, with three brutal rate hikes looming in the months ahead.If the major bank is correct, it will bring interest rate to an 11-year peak – even higher than…

Australia could well be heading for a recession this year as economic growth stalls and interest rates keep rising, the National Australia Bank has warned.“Looking forward, we see growth slowing sharply as consumer spending comes under…

The Reserve Bank of Australia (RBA) predicts that property prices will plunge by a whopping 20 per cent thanks to back-to-back interest rate rises. By 2024, house and unit values are expected to lose a fifth of their value – all but wiping…

Some NAB customers will see changes to their savings and deposit rates as the bank moves to lift interest rates alongside other members of the big four. The bank will increase select savings products, with one product for new customers…

Almost two-thirds of Australian homeowners are worried about meeting their mortgage repayments as interest rates continue to be hiked, with younger people who purchased in the past 12 months “acutely” at risk, new research has revealed.If…