RBA cash rate for December raised to 3.10%
The Reserve Bank of Australia (RBA) today decided to increase the official cash rate for the eighth consecutive month, this time by 0.25% to 3.10%. Today’s increase follows speculation that rates may be starting to approach their peak with falling house prices in some capital cities, decreasing demand for credit and lower October inflation numbers. […]
AFG calls on brokers to help tackle youth homelessness, following strong uptake of Foyer Foundation’s AFG Independence Fund
More than 140 vulnerable young Australians have in the last year been gifted much-needed support of resources such as laptops, equipment and driving lessons to support their education or employment pathways. The gifts – each worth up to $1000 – were made available via the AFG Independence Fund – available to residents of Foyers throughout […]
RBA cash rate for November raised to 2.85%
The Reserve Bank of Australia (RBA) today decided to increase the official cash rate for the seventh consecutive month, this time by 0.25% to 2.85%. Today’s increase follows higher than anticipated September quarter Consumer Price Index (CPI) figures as the RBA continues to battle inflation. If you’d like to have a chat about what today’s […]
Pedal power
Staff at AFG’s head office in Perth have been pumping the pedals in a bid to help the planet.AFG held its inaugural Ride2Work event over the course of the week starting October 17.The event was organised by AFG’s Green Team in a bid to raise awareness about emission-friendly modes of commuting. Fourteen staff members registered […]
A walk in their shoes
As a national company with head office located in Perth, 15 head office staff members – from across a range of departments – recently met with proud Nyoongar woman Kerry Stack, at Kings Park, to learn more about her life, the Nyoongar people and culture. Ms Stack, who grew up on an Aboriginal reserve near […]
Rate rises reach tipping point
(ASX:AFG) Australian Finance Group Ltd data for the first quarter of the 2023 financial year shows the interest rate levers being pulled by the Reserve Bank of Australia (RBA) are having the desired effect with volumes down 4% on the prior period. AFG CEO David Bailey said, “Australian mortgage customers have been hit between the […]
AFG staff join forces to green the ‘burbs
Staff from AFG’s head office in Perth teamed up in late September to plant thousands of native plants at a local park, just north of the Perth CBD in Mt Hawthorn.
RBA cash rate for October raised to 2.60%
The Reserve Bank of Australia (RBA) today decided to increase the official cash rate, by 0.25% to 2.60%. In considering the size of the increase, the RBA board appears to be continuing to focus on reducing inflation against the backdrop of falling house prices in many areas of Australia, a weakening Australian dollar and concerns […]
As expected, RBA cash rate for September increased to 2.35%
As widely expected, the Reserve Bank of Australia (RBA) today increased the official cash rate by 0.50% to 2.35%. This brings the total of increases made since May to 2.25% as the RBA continues to battle a very stubborn inflation foe. In making this latest increase our central bank will have had a close eye […]
Proud in Purple – AFG showcases support for LGBTQIA+ community
AFG staff across Australia came out in force to celebrate Wear it Purple Day on August 26, showing their support for young LGBTQIA+ People based across Australia. Although AFG supports acceptance of the LGBTQIA+ community year-round, staff donned their best purple on the day to show we stand in solidarity and celebrate our rainbow colleagues, […]