millennials save money

Home buyers leave the market as lending plunges 11.6%

The value of new loan commitments for housing plunged 11.6% in May - the largest fall in the history of the data series.

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millennials save money

Credit card use plunges amid COVID-19 economic uncertainty

Millennials are limiting their credit card spending more than any other generation since the COVID-19 pandemic, new research reveals.

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millennials save money

COVID-19 impacted Australians could receive $3,000 towards rent and bills

Australians impacted by COVID-19 may be eligible to receive up to $3,000 to put towards their rent and bills.

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millennials save money

How COVID-19 is changing Australian home ownership goals

Months of being stuck in isolation has made Australians crave more outdoor space and a dedicated home office, a new study reveals.

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millennials save money

House price falls accelerate in Melbourne as state faces COVID lockdowns

National property prices have fallen for the second month in a row, led by Perth and Melbourne, as the state of Victoria faces a second wave of infections.

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millennials save money

2.5 million Australians expected to access additional early super withdrawal 

As many as 2.5 million Australians are expected to withdraw more of their retirement savings when the second round of the super early release scheme kicks off on Wednesday.

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millennials save money

First Home Loan Deposit Scheme: High demand expected for round two

Buyers are being urged to get in quick for the second round of the First Home Loan Deposit Scheme, with banks expecting a rush of applications.

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millennials save money

Young Australians could miss out on $32,000 in wages thanks to COVID-19

The COVID-19 recession could cost the average 21-year-old Australian up to $32,000 in lost wages over the next 10 years.

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millennials save money

Household wealth tumbles 2.3% per person due to COVID crisis

Average household wealth plunged by 2.3% in the three months to March 2020 - the biggest decrease since the September 2011 quarter.

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millennials save money

What is home loan serviceability and how is it calculated?

If you’ve been thinking about buying a home, you’ve probably come across the term ‘loan serviceability’.

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