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millennials save money

Freedom Lend slashes SMSF loan rates as sector heats up

Non-bank lender Freedom Lend has slashed interest rates on loans for self-managed super funds by up to 90 basis points, or 0.90%.

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millennials save money

Doubts over Treasury's claim that people are dying with 90% of their retirement savings

A recent Treasury paper claims retirees die with around 90% of their retirement assets, but there are question marks over the validity of this.

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millennials save money

Retail trade falls half a billion dollars as states lock down

Australian Bureau of Statistics data shows a $575.1 million decline in June retail trade as Victoria and New South Wales locked down.

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millennials save money

How does inflation affect the share market?

With US inflation at 30 year highs, there are growing concerns it could spell bad news for share markets worldwide.

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millennials save money

More relief for mortgage holders as CommBank suspends foreclosures

The prudential regulator has declared newly-deferred home loans will not be 'in arrears', while CommBank has extended the moratorium on housing foreclosures.

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millennials save money

What are the benefits and drawbacks of buying at auction?

You bid for an item on eBay because you might get a great deal, but rarely does this seem to be the case at a property auction in Australia, so why bother?

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millennials save money

Number of wage earners to fall, welfare recipients to rise: CommBank

The recent lockdowns will partially offset jobs growth seen over the past few months, according to new analysis from CommBank.

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millennials save money

Beyond Bank slashes home loan rates for FHLDS participants

It was a tale of two customer-owned banks this week, with Beyond Bank cutting some home loan rates while Heritage Bank increased.

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millennials save money

What is an RMBS?

Mortgage-backed securities, infamous for playing a part in triggering the 2007-08 global financial crisis, have a colourful reputation. You may heard of them through films like The Big Short and Inside Job. But what is a mortgage backed security? It’s a lot simpler than you think.

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millennials save money

Consumer confidence bounces back despite Sydney lockdowns

The Westpac-Melbourne Institute consumer sentiment index rose 1.5% in July, up to 108.8 from 107.2 in June.

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