millennials save money

The average Australian home just got $4,000 dearer in a month

CoreLogic's Home Value Index report in February found the average value nationally was $549,918, versus $545,622 in January.

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millennials save money

Hume Bank, Summerland Credit Union, ME Bank cut home loan rates

Customer-owned institutions led the charge this week in cutting rates on home loans, with one cutting by as much as 25 basis points.

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millennials save money

BP allowed to rev up Qantas points program

The ACCC today allowed Qantas and petrol giant BP to team up and offer BP Rewards and Frequent Flyer rewards for five years.

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millennials save money

Say baaaaa bye to your RAMS 2.00% p.a. savings account

Westpac-owned RAMS will cut its savings rate by 10 basis points to 1.90% p.a, effective Friday 28 February.

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millennials save money

Bad credit ratings can cost borrowers an extra $177,000 in mortgage repayments

Credit ratings provider Credit Simple found a bad credit rating can cost an extra $177,607 in repayments over a 25 year home loan.

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millennials save money

It takes first home buyers 44 hours to find a property

It takes longer than the average working week for first home buyers to find their 'dream' property, according to new research from St. George.

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millennials save money

ANZ slashes fixed home loan rates by up to 86 basis points

ANZ has today made a raft of cuts to its fixed rate home loans for both investors and owner-occupiers by as much as 86 basis points.

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millennials save money

Unemployment is now 5.3%, heightening chance of RBA rate cut

Unemployment data for January released by the ABS today is up 0.2% to 5.3%.

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millennials save money

Real wages fell in the December quarter by 0.2%

Wages rose 0.5% in the December 2019 quarter, while inflation was 0.7% in the same period.

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millennials save money

RBA hints another rate cut could happen by mid-2020

Despite better than expected unemployment figures and the recent acceleration in home loan lending, Australia's central bank has left the door open to a rate cut in 2020.

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