millennials save money

Big banks lay an egg with latest cuts

CommBank, Westpac, NAB and ANZ have all reacted to Tuesday's Reserve Bank cash rate cut in various ways, but the end result is mixed.

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millennials save money

'Range anxiety', lack of incentives stifle fully-electric vehicle uptake

Although hybrids continue to increase their marketshare, uptake of electric vehicles has been slower, according to the latest car sales figures.

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millennials save money

Car sales down again, but some signs of positivity

October marked 31 consecutive months of new car sales declines, but sales were only 1.5% down compared to October last year.

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millennials save money

Insolvencies in construction, mining and retail spike 38%

The latest data from the Australian Financial Security Authority indicates insolvencies in construction, mining and retail have increased in the past fortnight.

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millennials save money

Should I hop on the First Home Loan Deposit Scheme?

The Government’s First Home Loan Deposit Scheme is immensely popular with first home buyers, but should you sign up to the program?

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millennials save money

Pensioners reminded to use Commonwealth Seniors Health Card

Following various stimulus measures targeted at older Australians, National Seniors Australia is advocating use of the health card.

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millennials save money

Retail trade figures point to 'smarter' Christmas spending outlook

Australian Bureau of Statistics data released today revealed retail turnover fell 1.1% in September 2020, highlighting volatility in the sector.

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millennials save money

Are pensioners' deeming rates getting cut again?

Yesterday Treasurer Josh Frydenberg said the government is monitoring deeming rates "very closely".

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millennials save money

Too big to fail: CommBank suspends foreclosures until September 2021

Commonwealth Bank is the first major bank that has introduced a moratorium on forced home sales until September 2021.

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millennials save money

Eftpos acquires Beem It payments app from big banks

Today debit card platform Eftpos acquired payments app Beem It from Westpac, CommBank, and NAB for a confidential sum.

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