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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millennials save money

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’.

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millennials save money

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.

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millennials save money

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.

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millennials save money

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.

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