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.
October 16, 2020
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.
October 16, 2020
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.
October 15, 2020
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.
October 14, 2020
'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.
October 14, 2020
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.
October 12, 2020
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.
October 09, 2020
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.
October 08, 2020
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.
October 07, 2020
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.
October 06, 2020
