millennials save money

Working from home due to COVID-19? Here's what it means for your tax return

With more Australians than ever working from home due to the coronavirus, the ATO is bracing itself for a surge in work-related tax claims. Here's what you can claim..

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millennials save money

Coronavirus home loan support: Should you defer your mortgage repayments?

To help those struggling to repay their home loan because of coronavirus-related financial stress, some banks are allowing borrowers to defer their mortgage repayments for up to six months. But what are the ramifications of choosing to do so?

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millennials save money

Household wealth at record highs before coronavirus struck

Australian households ended the decade with surging levels of wealth, driven by rebounding property prices, new data shows.

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millennials save money

Westpac predicts unemployment will hit 11% by June

The worsening spread of the coronavirus (COVID-19) pandemic in Australia could see unemployment reach 11% by June - and that number could still rise as more businesses close their doors.

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millennials save money

Commonwealth Bank considering cutting credit card interest rates

Commonwealth Bank will consider lowering interest rates on its credit cards to ease the burden on customers struggling to pay bills during the coronavirus pandemic.

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millennials save money

Banks to defer loan repayments for six months due to coronavirus crisis

Australian banks will defer loan repayments for up to six months for small businesses who are struggling due to the coronavirus.

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millennials save money

Will the RBA make an emergency cash rate cut today?

Australia's cash rate could sink to as low as 0.25% today if the Reserve Bank pulls an unprecedented emergency trigger in a desperate bid to soften the economic blow from the unfolding coronavirus pandemic.

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millennials save money

What happens if your bank or lender goes bust?

Have you ever wondered what would happen if your bank or lender went bankrupt?

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millennials save money

How to get a refund for a flight or event cancelled due to coronavirus

Flights and events are being cancelled as the coronavirus (COVID-19) pandemic unfolds in Australia. So how can you get a refund?

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millennials save money

Australian house prices surged 3.9% ahead of coronavirus outbreak

House prices rose by 3.9% across Australia in the December 2019 quarter, but the impacts of coronavirus on the property market are still to come.

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