millennials save money

86400, Up Bank and BOQ the latest to cut interest rates on savings accounts

New digital banks 86 400 and Up Bank, plus Bank of Queensland have all slashed the interest rates on their market-leading savings accounts.

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millennials save money

Millennials want homes, but don’t understand basic deposit requirements

57% of millennials have never heard of Lenders Mortgage Insurance and some don’t know it’s possible to get a home loan with less than 20% deposit.

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millennials save money

Falling interest rates spook consumers with confidence plummeting to a four-year low

Falling interest rates have got Australians scared and bizarrely it’s borrowers who are the most spooked, according to the most recent Westpac consumer sentiment survey.

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millennials save money

“Smaller lenders have actually done the right thing”: Treasurer Josh Frydenberg throws shade at the big four

Treasurer Josh Frydenberg has slammed the big four for not passing on the rate cut in full, as smaller lenders seize the moment.

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millennials save money

A quarter of Australians weren’t taught about money as children

Your parents might be to blame for your bad money habits, with new research from Raiz revealing a quarter of us received little to no financial education from our parents.

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millennials save money

Kogan launches new credit card with $300 credit, no annual fee and uncapped rewards

After announcing they would be moving into the credit card space last year, Kogan.com have today launched Kogan Money Credit Cards.

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millennials save money

ING cuts fixed home loan rates ahead of Reserve Bank’s widely tipped interest rate cut

Popular online lender ING has jumped the gun, cutting rates on a number of its fixed home loan products for owner-occupiers and investors by up to 75 basis points.

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millennials save money

90% of millennials concerned they won’t achieve the Great Australian Dream

Despite desperately wanting to own a house, the number of millennials who have given up on the hope of moving out of home before the age of 30 has skyrocketed.

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millennials save money

Should you fix your home loan interest rate?

To fix or not to fix? That is the home loan question plaguing borrowers now that home loan rates at historic lows. So is now the time to “lock it in, Eddie”?

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millennials save money

Aussie, Gateway Bank, ME Bank and more cut home loan rates

The Reserve Bank’s monthly meeting is just around the corner with a rate cut almost a certainty, but that hasn’t stopped lenders cutting rates for new customers as the home loan war heats up.

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