millennials save money

ANZ, Macquarie and others cut mortgage rates despite RBA inaction

While Australia’s central bank continues to sit on its hands, a number of lenders have been busy cutting home loan interest rates this week.

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millennials save money

Aussie bankruptcies hit 24 year low

Despite record high levels of household debt and mortgage stress in Australia, fewer Australians are filing for personal bankruptcy.

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millennials save money

Veteran buy now, pay later provider partners with Myer, IKEA & more

Flexigroup, the originator of ‘buy now, pay later’ in Australia, has announced its new payments platform, Humm, will now be available across several additional major retailers.

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millennials save money

RBA holds rates steady at 1.50%

Australia’s central bank has held the cash rate at 1.50% for the 30th meeting in a row.

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millennials save money

The worst is over? Home price downturn continues to slow

While Australia’s property downturn spread to other parts of the nation over April, the national rate of decline eased, with the median dwelling value recording the smallest monthly fall since September last year.

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millennials save money

Annual housing credit growth sinks to another record low

For the first time since records began in 1977, annual housing credit growth in Australia has slumped below 4%.

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millennials save money

Australians hit by nearly $500 million in scams in 2018

New figures have revealed scammers ripped off Australians by over $489 million last year, with investment fraud and romance scams hitting hardest.

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millennials save money

439,000 Aussies intend to retire in 12 months, despite meagre savings

The number of Australians planning to retire in the next 12 months has risen, with many set to rely on government benefits, according to research.

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millennials save money

Quarterly inflation hits zero, May RBA rate cut looks more likely

Australia’s latest set of inflation figures have underwhelmed economists, sparking fierce calls for the nation’s central bank to cut interest rates as soon as next month.

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millennials save money

RBA rate cuts ‘may have to wait’: March employment data smashes expectations

Despite Australia’s unemployment rate rising 0.1% points to 5%, employment growth in March was relatively strong, surprising many economists.

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