millennials save money

Minimum wage to rise 3%: Workers set to earn extra $1,123 per year

In a decision that will affect around 2.2 million workers, Australia’s Fair Work Commission has announced from 1 July 2019, the national minimum wage will increase 3% to $740.80 per week, or $19.49 per hour.

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millennials save money

Non-bank lenders on the rise

Recent growth in Australia’s non-bank mortgage lending sector is showing no signs of slowing, an international round table has heard.

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millennials save money

Big four bank customers the most likely to switch banks

Customers of the big four banks are more likely to switch to another bank, according to a new study.

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millennials save money

Petrol prices slide in Australia’s big cities, further falls ahead?

Motorists in Sydney, Melbourne and Brisbane enjoyed falling petrol prices last week, with unleaded pump prices falling between eight to 11 cents a litre.

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millennials save money

Westpac forecasts 0.75% cash rate – home loan rates to fall below 3%?

Australia’s cash rate is set to plunge to 0.75% by the end of 2019, according to Westpac’s latest forecasts

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millennials save money

Research reveals used car prices are cheaper in second half of the year

Analysis of over a decade’s worth of used car pricing data has revealed a number of interesting trends that may be useful for used car buyers and sellers.

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millennials save money

RBA seemingly all but certain to cut the cash rate in June

The governor of Australia’s central bank has ostensibly given Australia a heads up that the cash rate will be cut next month for the first time since August 2016.

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millennials save money

Home loan borrowing power to increase under APRA’s latest proposals

The Australian banking regulator has proposed rule changes which could allow households to take out bigger loans.

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millennials save money

Housing affordability records fastest improvement in six years: HIA

Good news for wannabe first home buyers – Australian housing has recorded the biggest quarterly improvement in affordability in nearly six years, according to the voice of Australia’s residential building industry.

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millennials save money

Loans.com.au, Bankwest, UBank and others slash mortgage rates

With Australia’s central bank widely expected to cut the cash rate in the coming months, more lenders have this week made rate cuts to some of the mortgages on offer.

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