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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millennials save money

How much should you spend on rent?

For most of us, renting is a rite of passage when you move out of home. On one hand, you’re stoked to be a fully-fledged adult with your own place. On the other hand, you feel like crying when you see the amount of money being drained from your bank account every week.

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millennials save money

Last drinks called for stingy mates: 70% of us say buying drinks is “financially unfair”

Buying rounds of drinks for your mates seems like an Aussie tradition, but most of us would rather just buy our own drinks to save money.

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millennials save money

Westpac Group drop fixed home loan rates below 3%

Australians are now being offered what are some of the lowest fixed mortgage interest rates in history, with Westpac subsidiaries dropping rates below 3%.

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millennials save money

Private health insurance mass exodus continues, as number of Australians with basic hospital cover falls to a 12-year low

Record numbers of Australians are deciding private health insurance just isn’t worth it, data from the Australian Prudential Regulation Authority (APRA) reveals.

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