millennials save money

First Home Buyer 5% Deposit Scheme hits parliament

Consultations with lenders regarding their participation in the Federal Government’s new First Home Loan Deposit Scheme are due to begin following the introduction of draft laws.

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millennials save money

NAB says RBA may cut interest rates to near zero

NAB economists have changed their mind on the Reserve Bank outlook and now believe the RBA could cut the cash rate to as low as 0.25% by mid-2020 unless there is “meaningful stimulus”.

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millennials save money

Lack of trust in financial institutions stops women investing

Women wield a huge amount of power when it comes to household finances, with four in five saying they’re responsible for the purchasing decisions at home. Yet a number of barriers continue to hold women back from investing, widening the ‘investment gender gap’.

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millennials save money

Australians spend $1,460 every year replacing items instead of fixing them

Australians are opting to throw away broken household items and replace them with new ones rather than repairing them, to the tune of $28.3 billion over the past 12 months.

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millennials save money

Should you buy a new high-rise apartment?

Imagine being evacuated from your apartment because there were fears your apartment building could be about to collapse. That was the scary reality faced by the residents of Opal Tower and Mascot Tower in Sydney.

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millennials save money

Superannuation system is failing millennial women, report says

Young women want to be completely financially independent in retirement but believe the superannuation system is stacked against them, new research says.

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millennials save money

Well Home Loans now offers what might be Australia’s lowest home loan rate

Non-bank lender Well Home Loans is shaking up the mortgage market, cutting its fixed home loan rates to the lowest rate yet – at 2.74%.

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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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