millennials save money

Coronavirus sees personal credit hit 12-year low while business credit spikes

Personal credit growth declined 1.4% in March, the steepest monthly fall since the global financial crisis in November 2008.

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millennials save money

Inflation rises 0.3%, largest annual increase since 2014

Australia's rate of inflation has risen by 0.3%, taking annual inflation to 2.2% for the March quarter.

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millennials save money

NAB: Coronavirus impact could see house prices drop 30%

A worst-case COVID-19 scenario could see Australian house prices decline by a cumulative 30%, NAB research shows.

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millennials save money

Westpac: RBA cash rate to remain unchanged until 2023

Australia's cash rate will hold at 0.25% for at least three years, according to economists at Westpac.

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millennials save money

How to earn Virgin and Qantas frequent flyer points without flying

With airline travel banned for the foreseeable future due to COVID-19, how can punters continue to earn frequent flyer points?

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millennials save money

Coronavirus panic-buying sees retail spending skyrocket

Australia retail turnover rose 8.2% in March, seasonally adjusted, the highest ever monthly rise in spending.

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millennials save money

RBA: Wage growth, unemployment and GDP to shrink to 1930s levels

Australia's central bank has warned of some incredibly difficult months ahead for the economy.

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millennials save money

Jobs decrease by 6%, young workers most affected by coronavirus fallout

People under 20 have been hit hardest by COVID-19 closures, with jobs for the age group decreasing by almost 10% in three weeks.

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millennials save money

One third of Australians see incomes fall due to coronavirus

New research has revealed 33% of Australians have been negatively financially impacted since the start of the COVID-19 pandemic.

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millennials save money

Australia's unemployment rate edges up in March

Australia's unemployment rate marginally increased in March to 5.2%, from 5.1% in February, seasonally adjusted.

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