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.
July 01, 2020
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.
June 30, 2020
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.
June 29, 2020
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.
June 29, 2020
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.
June 25, 2020
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’.
June 25, 2020
How to keep your energy bill down if you're working from home
With more people than ever working from home and winter well and truly here, households are being warned to brace for their power bills to more than double due to the ‘COVID quarter’.
June 25, 2020
COVID-19 JobSeeker supplement lifts welfare recipients out of poverty
A survey of JobSeeker recipients has found that the $550 per fortnight coronavirus supplement has had a dramatic impact on the lives of welfare recipients.
June 24, 2020
Retirees fear financial ruin as COVID-19 dampens retirement dreams
Four in five retirees feel their investments are not safe from the COVID-19 economic downturn, while nearly 80% of prospective retirees don't believe they'll have enough.
June 22, 2020
Retail sales spike 16.3% in May - the largest rise in 38 years
Preliminary retail sales surged 16.3% in May, rising by $4.03 billion to $28.83 billion - the biggest monthly rise ever published in 38 years of data.
June 19, 2020
