millennials save money

New payments platform paves the way for open banking

Australia’s new high-speed payment system will allow consumers to more easily cancel direct debits, like gym memberships or Netflix subscriptions, in one of multiple new services soon to be available.

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millennials save money

What’s the difference between offset accounts and redraw facilities?

If you’re looking at taking out a home loan but don’t understand the difference between a redraw facility and offset account, Savings.com.au can help!

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millennials save money

National house prices up 2.7% over the past three months

The Australian housing market has recorded a sharp turnaround in recent months, led by capital cities.

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millennials save money

Westpac halves deposit requirements for interest-only investors

Westpac has loosened lending criteria for property investors, raising the maximum loan-to-value ratio (LVR) for interest-only loans to 90%, from 80%.

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millennials save money

Aussies feel the pinch before payday

New research from Xero has revealed one in three workers have less than $100 in their bank account in the days leading up to payday.

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millennials save money

How will consumers react to open banking?

Open banking is set to be fully introduced in Australia from February and experts say it will transform the financial sector as we know it.

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millennials save money

Superannuation fees fall for the first time in six years

Gross superannuation fees have decreased for the first time since 2013, down to $32 billion.

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millennials save money

ME Bank cuts fixed rate home loans to under 3%

ME Bank has today announced its lowest ever rate, cutting its two year fixed home loan rate to 2.88% p.a (3.96% p.a. comparison rate*).

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millennials save money

ticX: The newest path to homeownership?

The Tenant in Common Exchange, or ticX, touts itself as a solution to housing affordability.

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millennials save money

Millions of Aussies switching financial products

The Deloitte Choice in Banking Report has revealed 2.8 million customers switched to new financial providers for their home loans, credit cards and transaction accounts in the last year.

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