millennials save money

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.

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millennials save money

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.

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millennials save money

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.

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millennials save money

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.

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millennials save money

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.

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millennials save money

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).

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millennials save money

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.

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millennials save money

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).

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millennials save money

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.

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millennials save money

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.

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