millennials save money

Say baaaaa bye to your RAMS 2.00% p.a. savings account

Westpac-owned RAMS will cut its savings rate by 10 basis points to 1.90% p.a, effective Friday 28 February.

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millennials save money

Bad credit ratings can cost borrowers an extra $177,000 in mortgage repayments

Credit ratings provider Credit Simple found a bad credit rating can cost an extra $177,607 in repayments over a 25 year home loan.

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millennials save money

It takes first home buyers 44 hours to find a property

It takes longer than the average working week for first home buyers to find their 'dream' property, according to new research from St. George.

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millennials save money

ANZ slashes fixed home loan rates by up to 86 basis points

ANZ has today made a raft of cuts to its fixed rate home loans for both investors and owner-occupiers by as much as 86 basis points.

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millennials save money

Unemployment is now 5.3%, heightening chance of RBA rate cut

Unemployment data for January released by the ABS today is up 0.2% to 5.3%.

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millennials save money

Real wages fell in the December quarter by 0.2%

Wages rose 0.5% in the December 2019 quarter, while inflation was 0.7% in the same period.

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millennials save money

RBA hints another rate cut could happen by mid-2020

Despite better than expected unemployment figures and the recent acceleration in home loan lending, Australia's central bank has left the door open to a rate cut in 2020.

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millennials save money

New Aussie fintech 'Hay' to offer digital transaction account optimised for travellers

There's yet another fintech new to Australia, this time with a 'membership bonus' for its first 10,000 customers.

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millennials save money

Is it a good idea to buy a car at auction?

You can auction a house, so why not a car? Car auctions can be one way to buy a cheap set of wheels, but there are a few things you should know before sticking your hand up.

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millennials save money

How renting a three bedroom house got cheaper in the last 20 years

Analysis released by the Productivity Commission today shows how much stronger the average Aussie's purchasing power is compared to 20 years ago.

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