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Finance News from Personal Loans Australia

Personal Loans Australia is pleased to present the latest financial news headlines.

To read an entire news item, simply click on the headline.

Finance News

Understanding the RBA's Recent Rate Hike and Its Impact on Your Mortgage Understanding the RBA's Recent Rate Hike and Its Impact on Your Mortgage
28 May 2026: Paige Estritori

On 13 February 2026, the Reserve Bank of Australia (RBA) implemented a 25 basis point increase in the cash rate, bringing it to 4.1%. This decision has significant implications for Australian borrowers, particularly those with variable-rate mortgages. - read more
Australians' Credit Card Spending Hits Record High: What It Means for Your Finances Australians' Credit Card Spending Hits Record High: What It Means for Your Finances
28 May 2026: Paige Estritori

In November 2025, Australians charged a record $29.9 billion to their personal credit cards, marking an increase of $757 million (3%) from the previous month and an 8% rise compared to November 2024. This surge in spending has raised concerns about potential increases in credit card debt and the financial well-being of consumers. - read more
The Vital Role of Financial Counsellors in Safeguarding Australians' Financial Health The Vital Role of Financial Counsellors in Safeguarding Australians' Financial Health
28 May 2026: Paige Estritori

The Australian Financial Security Authority (AFSA) has recently underscored the indispensable role that financial counsellors play in protecting Australians from financial distress and insolvency. As economic challenges persist, the guidance provided by these professionals becomes increasingly vital. - read more

Personal Loans Articles

The Ultimate Guide to Repairing Your Credit Score Fast
The Ultimate Guide to Repairing Your Credit Score Fast
A credit score is a numerical representation of your creditworthiness. It's derived from your credit history, which includes the total amount of debt you have, your payment history, and other financial behaviours. - read more
The Ultimate Budgeting Checklist for First-Time Loan Applicants
The Ultimate Budgeting Checklist for First-Time Loan Applicants
Before diving into the world of loans, it's essential to understand why budgeting is crucial. Budgeting provides a clear picture of your financial status, helping to ensure you can meet future loan repayments without undue stress. - read more
Essential Steps to Take Before Applying for a Loan
Essential Steps to Take Before Applying for a Loan
Before considering a loan application, it's crucial to have a clear understanding of your current financial position. Start by noting down all sources of income, including salary, any additional earnings, or government benefits. This will give you a comprehensive view of your financial inflows. - read more


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Knowledgebase
Liquidity:
The ease with which an asset or security can be converted into cash without affecting its market price.