Simple vs compound interest
It’s easy to get bored with interest rates amidst the noise of politicians and faceless banks, especially when it feels like nothing is changing.
July 25, 2019
Home sellers confident about price increase by the end of 2019
There has been a 73% increase in the proportion of Australian home sellers believing prices will increase within the next six months.
July 25, 2019
Ola users to earn Velocity Frequent Flyer points for everyday rides
Uber rival, Ola, has teamed up with Virgin Airlines to allow travellers on its app to earn Velocity Points.
July 24, 2019
Auction markets record highest clearance rate in over a year
Falling Australian home prices may see a reprieve with new data showing an increasing number of buyers at auctions, compared to the same time last year.
July 23, 2019
Commonwealth Bank slashes savings account rates
Commonwealth Bank has stung savers by cutting interest rates on its savings accounts by up to 25 basis points, making it the last of the big four to reduce savings rates this month.
July 23, 2019
ASIC looks to end dodgy insurance telemarketing
The Australian Securities and Investments Commission (ASIC) has proposed a ban on unsolicited phone call sales of life insurance and consumer credit insurance (CCI).
July 18, 2019
UBank cuts savings account interest rates again
UBank has today slashed the interest rates on its savings accounts by 19 basis points, taking the maximum rate on its ‘USaver with Ultra’ account down to 2.41% p.a.
July 17, 2019
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Westpac and ANZ cut serviceability rates for home loans
Two of the big four banks have cut their serviceability rates, in line with changes to rules by the Australian Prudential Regulation Authority (APRA).
July 16, 2019
What are deeming rates and how do they work?
You may have recently heard a fair amount of talk about deeming rates lately. Find out what they are and why they’re a hot topic right now.
July 15, 2019
NAB: Economic outlook unchanged despite tax cuts
Economists at NAB have remained firm on their predictions of sluggish economic growth up to 2021, despite the recently passed tax cuts.
July 11, 2019
