Wildcard: The reverse budgeting app
It can be hard to resist spending your entire paycheck sometimes, particularly with the temptation of buy now pay later services like Afterpay and Zip. Most young Aussies (aged 18-29) have less than $5,000 in the bank, with nearly a quarter (24%) having under $1,000, according to a 2018 triple j survey.
November 07, 2019
Australian homes up to 66% underinsured
New research from MCG Quantity Surveyors has found many Aussie property owners could have their homes underinsured by as much as 66%, potentially leading to enormous financial devastation in the event of a claim.
November 07, 2019
New car sales fall off a cliff in October
New car sales have fallen by 9.1% in October compared to the same time last year, extending a downturn in the Australian car market which is now in its 19th consecutive month.
November 06, 2019
UBank, Westpac, Teachers Mutual & others chop home loan rates below 3%
It’s been a big year for home loan rate cuts, and with the RBA not expected to cut the cash rate again till next year, this week’s cuts by Westpac, UBank, St George, Bank of Melbourne and Teachers Mutual Bank could be among the last we see in 2019.
November 05, 2019
Loans.com.au cuts fixed rates below 3%
Leading online lender Loans.com.au has slashed its fixed interest rates by 20 basis points across the board, bringing some of its fixed rates below 3% for the first time.
November 04, 2019
Gen Y are Australia’s best savers: Suncorp report finds
No amount of smashed avocado jokes peddled by our ol’ boomer mates has stopped Gen Y surpassing them to top the list as Australia’s best savers.
October 31, 2019
How to get a home loan on a single income
Being single can certainly have its challenges. There’s disastrous first dates, ghosting, and the clusterf*ck that is Tinder and Bumble. But that’s all small fry compared to getting a home loan when you’re flying solo.
October 30, 2019
Lowest number of Aussie bankruptcies since 1995
Fewer Australians are filing for bankruptcy, with the number of personal insolvencies dropping by 6.4% to a 24-and-a-half-year low.
October 30, 2019
Australians are conscious spenders who value convenience: PayPal report
Many Aussies are embracing sustainable spending and preferring to stay in and shop on their phones.
October 29, 2019
Government unveils details of First Home Loan Deposit Scheme
The scheme will be limited to those purchasing properties priced up to a maximum threshold which varies depending on the location of the property.
October 28, 2019
