millennials save money

Which lenders were quickest to react to RBA rate cut?

After the Reserve Bank cut the official cash rate to 0.50% today, some lenders were quick to pass on the rate cut in full.

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millennials save money

Will the RBA cut the cash rate in March?

A March rate cut by the Reserve Bank is looking more and more likely amid the coronavirus outbreak.

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millennials save money

What is the Medicare Levy and how much is it?

Despite having one of the best public healthcare systems in the developed world, many of us Aussies have trouble understanding it.

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millennials save money

Households could save hundreds a year thanks to "dodgy" energy bill change

New rules will stop energy retailers from charging excessive late fees for customers who miss a payment on a conditional discount plan.

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millennials save money

The Aussie cities where a mortgage is cheaper than rent

There are some cities where it's actually cheaper to pay down a mortgage on a house than it is to rent one.

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millennials save money

Commonwealth Bank launches Australian-first home loan protection

The Commonwealth Bank has today launched protection for owner-occupied homeowners by paying their loan repayments for up to a year if they, their spouse or dependent passes away or is diagnosed with a terminal illness.

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millennials save money

ASIC tells mortgage brokers to find best loans for borrowers

Mortgage brokers will soon be required to act in the best interests of borrowers and not push them into taking out high interest loans when better deals are available.

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millennials save money

First Home Loan Deposit Scheme: Where can buyers find a home?

First home buyers purchasing a home under the First Home Loan Deposit Scheme may be limited to the outer fringes of capital cities.

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millennials save money

"People badly want a different kind of bank": Xinja hits $200m in deposits

Neobank Xinja's new 2.25% p.a. Stash savings account has had more than $200 million in deposits in less than a month.

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millennials save money

Millennials smash avocado myth, stashing cash and sacrificing for home ownership

Millennials are more optimistic about achieving home ownership than the oft-maligned baby boomers.

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