First Home Buyer numbers above average across Australia
New data has revealed first home buyers (FHBs) comprised the largest proportion of national owner-occupier mortgage activity since early 2012.
October 31, 2019
Consumer price inflation rises to 1.7%, Cup Day RBA rate cut unlikely
The latest data has revealed inflation in Australia rose 0.5% for the September 2019 quarter, taking the annual rate of inflation up to 1.7%.
October 29, 2019
Broker sentiment improved following Banking Royal Commission
New research from MyState Bank has found broker sentiment has risen in the months following the release of the final report of the Banking Royal Commission.
October 28, 2019
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.
October 28, 2019
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!
October 25, 2019
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.
October 24, 2019
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%.
October 23, 2019
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.
October 21, 2019
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.
October 17, 2019
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.
October 16, 2019
