millennials save money

First Home Super Saver Scheme could be phased out

Australians may soon lose the ability to save for a deposit on a first home through their super fund, should the Labor Party win the next federal election.

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millennials save money

Cost of living a key concern for Aussie millennials

A new report has revealed that for many Australian millennials, ‘the cost of living’ is considered to be the most important issue ahead of the upcoming federal election.

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millennials save money

ASIC seeks input on responsible lending

In response to changes in technology and the release of Hayne’s final report of the royal commission, Australia’s corporate regulator has deemed it timely to review and update its guidance around responsible lending.

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millennials save money

Mortgage holders relieved by RBA’s apparent delay on rate hikes

Fears among Aussie mortgage holders that the Reserve Bank of Australia will raise interest rates soon have diminished – lifting consumer sentiment, according to economists.

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millennials save money

Household lending down 15% over year

It’s another sign of the times for Australia’s slowing property market and tightening finance sector.

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millennials save money

Aussie households continue to feel the squeeze

A combination of falling property prices, mortgage price pain, higher costs of living and falling incomes have pushed household financial confidence levels to new lows, according to research from Digital Finance Analytics (DFA).

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millennials save money

Most households feeling better about finances: ME Bank report

Amid reports of falling property values and a volatile share market, the majority of Australian households are experiencing rising levels of financial comfort, according to new survey results from ME Bank.

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millennials save money

Aussie dollar dives following RBA’s about-face on interest rates

In news that will probably disappoint Australian overseas travellers, the value of Australian dollar has had one of its biggest single-day falls in two years in reaction to a speech made by the Reserve Bank’s Governor.

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millennials save money

Cost of living for Aussie households rising faster than inflation

The annual growth rates in the cost of living across all of Australia’s household classes are higher than the current annual rate of inflation, according to data from the Australian Bureau of Statistics (ABS).

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millennials save money

Christmas shopping sales fall amid flat wages growth

Retail sales results of the biggest month of the year for shops have revealed spending fell considerably, led by falls in purchases of household goods, clothing and footwear.

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