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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millennials save money

Government hangs its hat on immigration to revive property

Figures from the Budget reveal the Government expects a 14.3% decline in property tax receipts this financial year, and a rebound of 13.5% in the next year.

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millennials save money

What's in the Budget for pensioners? $250 payments explained

Those on the age pension might have been looking at the Budget through a microscope last night, as there were few direct handouts for grey nomads.

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millennials save money

Government Budget 2020: Tax Cuts, 'JobMaker' and a $213.7 billion deficit

Tonight the Government announced its Budget for 2020-2021, with tax cuts forming a large part of the agenda to tackle demand-side doldrums in the economy.

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