millennials save money

Drive around with your petrol light on? It’s a red flag for bad money habits: ME Bank study finds

We all know someone who ignores their fuel light until it’s almost too late, or only fills up the tank halfway to save money. If you’re one of the 1 in 4 Aussies with bad fuel habits, you probably have bad money habits to boot.

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millennials save money

Commonwealth Bank quietly gives away $50 to customers affected by bank outage

If you were one of CommBank’s customers affected by last week’s network outage, there could be an extra $50 sitting in your account.

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millennials save money

Hyundai joins car subscription service Carly

Netflix-style car subscription service Carly has this week signed an industry-first deal with blockbuster car-maker Hyundai.

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millennials save money

Citi, HSBC and Pacific Mortgage Group cut fixed home loan rates

With at least one more cash rate cut expected in the near future, a few more lenders have cut fixed home loan rates below 3.00% p.a. – enticing borrowers to lock in their interest rates.

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millennials save money

Bank CEO hits back at Treasurer for ‘bank bashing’

The Chairman and CEO of non-major bank MyState has fired back at the federal government over its criticism of banks not passing on interest rate cuts in full.

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millennials save money

First Home Loan Deposit Scheme gets the green light

The Coalition Government passed new laws through Parliament this week to implement the First Home Loan Deposit Scheme, which will provide a guarantee to eligible first home buyers to purchase a home with a deposit as low as 5%.

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millennials save money

One in five Aussies would rather give up social media for a month than enter the housing market

Searching for a new home is taking a toll on Aussie home buyers, with more than half saying it has affected their mental and emotional wellbeing, new research from Allianz reveals.

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millennials save money

Reserve Bank minutes reveal decision to cut rates was deeply debated, with concerns low rates could backfire

The Reserve Bank of Australia’s (RBA) October interest rate cut was deeply debated among board members who feared it may backfire, driving up house prices and failing to boost the economy.

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millennials save money

Up Bank and Transferwise announce partnership set to make sending money overseas cheaper

More than 130,000 Up Bank customers will now be able to send money abroad in 52 currencies directly from their transaction account without having to leave the app.

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millennials save money

Former ACCC Chair urges borrowers to consider non-bank lenders

If you’re wondering why your bank hasn’t passed on interest rate cuts in full, former ACCC Chair Graeme Samuel says fed up borrowers should take their business to smaller lenders.

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