Interest Rates: Will it drop?

In this episode of our monthly chat with our finance advisor Bishwas Bhattarai, we try to find if the interest rate will come down and whether the banks are ready to pass on that change. Other issues we have discussed are: Is it becoming difficult to get a home loan? Will banks ever loosen up to give loans more freely? "Fixed Rate" or the "Variable Rate"? Which is better and why? How is the ATO planning to tax bitcoin earnings? What if the bank does not accept to reduce your interest rate?

Owner-occupiers home loans were up 0.5 per cent in January, while commercial loans were steady. (AAP) Source: AAP