millennials save money

NAB and CommBank open up new First Home Loan Deposit spots

Both CommBank and NAB began accepting new requests for the First Home Loan Deposit Scheme today, after its extension was announced earlier in October.

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millennials save money

Afterpay teams up with Westpac to offer savings account

Westpac has partnered with Afterpay to provide white-labelled transaction and savings accounts, and other cashflow management tools.

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millennials save money

HomeBuilder 'highly effective' despite hodgepodge construction sector

Housing Minister Michael Sukkar has pointed to the success of HomeBuilder, despite dwelling approvals data being flat, up just 0.6% in a year.

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millennials save money

Neobank only lender to cut home loan rates in a quiet week

86 400 was the only lender in Savings.com.au's market research to cut home loan interest rates this week as speculation of an RBA rate cut grew.

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millennials save money

Will November give us negative interest rates?

Speculation of a 'Melbourne Cup cut' has been rife, with economists predicting a cut down to 0.10%, which could send the overnight rate negative.

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millennials save money

Half of renters' mental health 'negatively affected' by COVID-19 lockdowns

A survey released today revealed 40% of tenants did not have enough money for essentials after paying rent, while half are struggling with their mental health.

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millennials save money

Four months on, is HomeBuilder working?

The Government’s HomeBuilder program launched in June to stimulate the construction industry, and opinion is mixed on if it has been effective policy.

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millennials save money

'Extraordinary' consumer confidence surges past pre-COVID levels

The Westpac-Melbourne Institute October consumer sentiment survey is at its highest level since July 2018, at 105.0.

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millennials save money

Super double dippers are asking for $973 more than first timers

The latest superannuation withdrawal data indicates 1.3 million people have made a repeated withdrawal request, for an average of $8,374.

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millennials save money

Customer-owned banks cut big despite RBA hold

Both Gateway Bank and CUA cut home loan interest rates yesterday, with one loan suite cut by 129 basis points.

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