Ridgway Accounting & Ridgway Financial Services

05/05/2026

Oh dear. More bad news for home owners. Another rate increase. 😭

Macquarie Bank has become the first big lender to confirmed it would pass on Tuesday’s cash rate hike to variable rate customers.

17/03/2026

For those who follow the market, this is not really a surprise. The rate rise was widely predicted by many economists.

As always, there is good and bad in the increase. Those with money in the bank are likely to earn a little bit more, but those with mortgages will have higher repayments.

Household budgets are set to be stretched after the RBA announced back-to-back rate hikes.

03/02/2026

Well, the first RBA announcement of the year is a bit disappointing for Aussie home owners.

Follow along as we bring you all the build-up, as well as all the reaction, to the RBA's interest rate call.

09/12/2025

No real surprises here. The last few economic updates we have attended indicate the next interest rate movement is likely to be up, but could not tell us when it might happen.

Mortgage holders will be breathing a sigh of relief after the Reserve Bank of Australia chose to hold the official cash rate.

04/12/2025

Our team get together for morning tea once a week. Sometimes we also get cake for birthdays or special occasions. Today, one of our directors hit a major milestone.

Congratulations on 25 years in accounting, Todd! Oh, and happy birthday too.🎉

Thanks to Helen and Dan at Ridgway Cakes for the cake. There might be a little bit left for afternoon tea...maybe...😉

12/08/2025

Good news for homeowners, not so much for savers.

Cash-strapped mortgage holders have received a welcome boost after the Reserve Bank of Australia cut the official cash rate to a two-and-a-half year low.

08/07/2025

There was a lot of speculation in the lead up to the RBA's announcement today. Many economists were predicting another rate cut. Unfortunately, for homeowners, it was not to be. The RBA has elected to hold the official cash rate at 3.85%. https://www.moneymanagement.com.au/news/financial-planning/rba-makes-unexpected-rate-decision

20/05/2025

In a move, sure to please home owners, but not cash investors, the RBA cut rates at today's meeting. Read more https://www.moneymanagement.com.au/news/policy-regulation/rba-takes-measured-step-amid-uncertainty

18/02/2025

In a move that many mortgage holders will appreciate, the Reserve Bank have cut rates for the first time in four years. Some of the banks started to move their rates last week. Now, we'll wait and see what the rest of them do.

Mortgage holders have been given much-needed breathing room, with the Reserve Bank announcing inflation has fallen enough for Australia to begin its rate-cutting cycle.

05/11/2024

While most of the nation was betting on horses, the RBA was busy making the call on interest rates. Rather unsurprisingly, they have chosen to leave rates on hold again.

Mortgage holders won’t be getting any end of year relief, with economists warning households will likely need to wait until at least February for interest rate relief.