One in ten home loans deferred, amounting to $195bn
Data from the prudential regulator released today reveals 11% of home loans have been deferred to the value of $195 billion.
August 04, 2020
A cashless reality grows one step closer
Nearly two thirds of Australians use card payments for everything where possible, new research reveals.
August 04, 2020
A quarter of over-30s to delay retirement due to COVID-19
Survey findings released today revealed 23% of Australians aged 30-65 say they will be forced to delay retirement because of COVID-19.
August 03, 2020
What does open banking actually mean for me?
As part of the new consumer data right, open banking is now finally being rolled out, but what can you actually do with it, and why is it important?
July 31, 2020
Rate War: Another lender introduces a home loan under 2%
Last night, HomeStar Finance introduced an owner-occupier home loan fixed for one year at 1.98% p.a. (2.51% p.a. comparison rate*)
July 31, 2020
How does COVID-19 compare to previous recessions?
COVID-19 has caused a pretty big economic blow, but how does it compare to previous ‘recessions’ or economic crises?
July 29, 2020
ING lowers savings maximiser rate to 1.65%
In an email to customers, today ING announced it is lowering its Savings Maximiser rate to 1.65% p.a. from tomorrow, 30 July.
July 29, 2020
Big four banks improve trustworthiness through COVID-19
A new survey released today reveals Westpac, CBA, NAB and ANZ have improved their trust scores over the past three months.
July 29, 2020
The potential $35,000 cost of breaking a fixed home loan
With the Reserve Bank's cash rate cuts this year driving fixed interest rates on home loans down to historic lows, experts are warning borrowers about break fees.
July 28, 2020
Wealth tracker records 200% increase in debt on its platform
Wealth management platform Myprosperity has seen a 200% increase of debt recorded on its platform since the start of the year.
July 28, 2020
