Household financial confidence plummets to its lowest level
A combination of falling property prices, stagnant wage growth, rising cost of living and increasing levels of debt have pushed household financial confidence to its lowest level, according to Digital Finance Analytics (DFA).
May 10, 2019
How to break up with your bank
The short answer? Changing banks isn’t actually as painful as you think. Here’s how to do it in 5 simple steps.
May 09, 2019
Cost of living remains the biggest cause of consumer anxiety
Australians are feeling the pinch of stagnant income growth, as the cost of living remains the biggest cause of consumer anxiety – and it’s having an impact on their savings.
May 09, 2019
Mortgage stress heats up ahead of election
More than 1,050,000 Australian households are estimated to be in mortgage stress, equating to over 31% of owner-occupied households.
May 08, 2019
Most voters support higher minimum wages and Sunday penalty rates
Most voters believe the minimum wage should be raised and people should be paid more for working on Sundays, according to the ABC’s Vote Compass.
May 07, 2019
Superannuation rise will strip $20b from wages: Grattan Institute
Labor and the Coalition’s plan to increase compulsory employer superannuation contributions will strip $20 billion off workers’ wages once fully implemented, according to the Grattan Institute.
May 03, 2019
20 money mistakes millennials make
Your twenties are the one time in your life when you’re supposed to make mistakes: live in bad share houses with questionable housemates, date the wrong people, fail the exams, blow all your money online shopping…
May 02, 2019
Mortgage delinquencies rise as wages growth remains “stubbornly low”: ANZ
An increasing number of Australian households are struggling to meet their mortgage repayments, according to ANZ’s half-year results.
May 02, 2019
NAB cuts dividend in wake of mounting costs from royal commission
National Australia Bank (NAB) has been forced to slash its dividend after massive customer compensation bills in the wake of the Hayne inquiry.
May 02, 2019
Australians accumulating less credit card debt
Bank credit card lending in Australia has had one of the biggest annual falls, according to new figures.
May 01, 2019
