millennials save money

Australians are holding onto their homes for twice as long as they were 10 years ago

The length of homeownership continues to rise, nearly doubling in the last 10 years according to CoreLogic figures.

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millennials save money

Slowest economic growth since the GFC

Australia’s economy has slowed right down, with GDP growth stalling at 1.4% – the lowest rate since 2009 in the wake of the Global Financial Crisis.

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millennials save money

Aussies losing $500 every time they travel by making these mistakes

The average Aussie traveller is losing up to $500 every time they go on holidays through unknown transaction fees, lost or stolen cash, or by not budgeting properly, new research shows.

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millennials save money

Approvals for new apartments fall to a seven-year low while appetite for established apartments grows

Approvals for new apartments have fallen to a seven-year low, down by 9.7%, as developers hold back applications for new developments at a time of high profile cladding and defect problems.

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millennials save money

Teachers Mutual, RACQ, Greater Bank & others trim fixed rates below 3%

The only way is down for mortgage rates, as home loan interest rates starting with a two become the new norm.

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millennials save money

Houses versus apartments versus townhouses: What type of property should you buy?

Do you dream of a house on a mythical quarter-acre block complete with a Hills Hoist? Maybe you’re keen on the cosmopolitan lifestyle with bars, cafes and restaurants on your doorstep. Or perhaps you just like the idea of having a gym and a pool in the building while being on top of the busway and right next to Aldi.

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millennials save money

Green shoots appearing in property market as Sydney and Melbourne turnaround

There are early signs the housing market may be recovering, with small price rises in Sydney and Melbourne – where house prices have dropped the most in recent years.

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millennials save money

What is the Household Expenditure Measure?

When you’re applying for a home loan, the fate of your application can heavily rest on one simple measurement tool, determining whether you land your dream home, or feel the soul-crushing pain of being rejected for a home loan.

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millennials save money

Mortgage debt skyrockets for older Australians, leading to worsening mental health

The amount of mortgage debt held by Australians older than 55 has blown out by 600% over the last 30 years, leading to mental distress for those who are left carrying unsustainable mortgage repayments into retirement, a new report shows.

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millennials save money

Nearly half of Australians have heard of superannuation reforms, research finds

Just over a month since the Australian Government implemented its Protecting Your Super (PYS) reform package, new research by MLC Life Insurance shows that nearly half of Australian super fund members have heard of the reform.

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