The Savings Tip Jar

106: RBA rate cut to 3.85% - the right call? AMP's Shane Oliver explains


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This week we addressed the big elephant in the room - Tuesday's RBA rate cut - with Shane Oliver, the chief economist at AMP Capital. We talked about what it means for homeowners - potential and existing - borrowing power, savers, and the outlook on the economy. It's always great talking to Shane!

Head to savings.com.au to stay abreast of what all the banks and lenders are doing, and when, in the wake of this cut.

And we spoke with resident finance journalist Bernadette Lunas about her latest article on InfoChoice discussing how renters are getting creative amid the ongoing rental crisis. Think pet sitting, co-operative living and so on.

Plus all the latest news and savings tips, of course

00:00-02:00 - Intro
02:00-04:00 - Savings Tips, cash jobs and Latitude roaming sim
04:00-06:58 - RBA rate cut to 3.85%
06:58-10:15 - Unemployment and wages growth still strong
06:58-12:40 - Lending levels down
12:40-24:14 - Bern on alternative renting methods
24:14-36:39 - Shane explaining the RBA rate cut
36:39-37:59 - Outro

Bern's article

https://www.infochoice.com.au/home-loans/how-are-people-avoiding-the-rent-crisis-in-australia

Lender rate cuts

https://www.savings.com.au/news/rba-rate-cut-may-2025

Savings rate cuts

https://www.savings.com.au/news/rba-savings-accounts-may-2025

Compare home loans

https://www.savings.com.au/home-loans/


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The Savings Tip JarBy Savings.com.au