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.
October 09, 2019
“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.
October 04, 2019
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.
October 03, 2019
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.
October 02, 2019
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.
October 01, 2019
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.
September 30, 2019
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”?
September 27, 2019
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.
September 27, 2019
What is a bridging loan?
Buying before selling. It’s a risky thing to do but bridging loans can help you, ahem, bridge the gap between buying your new property and selling your old one.
September 26, 2019
Household wealth hits a new record high
Australia’s household wealth has hit a new record high, smashing the previous highest ever recorded figure of $10,422 billion in September last year.
September 26, 2019
