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Life moves fast: interest rates shift, new loan products hit the market, and your goals might look very different from a year ago. That’s why spring is the perfect time to step back, review your finances, and set yourself up for a more secure, cost-effective future.

The Reserve Bank of Australia (RBA) has cut the official cash rate by 25 basis points this August, moving it down to 3.6%. While this is a smaller adjustment than some economists anticipated, even modest rate changes can have a real impact on loan repayments - particularly over the long term.

Your credit score is one of the most important factors influencing the finance products and interest rates available to you. Whether you’re applying for a personal loan, car finance, or a mortgage, lenders use your score to assess your creditworthiness.

As the end of the 2024–25 financial year approaches, it’s an ideal time for Australians to review their financial plans, make tax-effective moves, and understand how the coming months might impact their borrowing costs.