millennials save money

New data shows massive increases - and decreases - in consumer spending due to COVID-19

Commonwealth Bank credit card data shows just how much coronavirus (COVID-19) has already affected our spending habits.

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millennials save money

Should you withdraw from your superannuation during COVID-19?

The Federal Government recently announced it would allow those affected by COVID-19 to access some of their superannuation balances early.

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millennials save money

Big banks boost savers with bigger term deposit rates

Major banks have announced significant increases to term deposit interest rates, despite the Reserve Bank of Australia's emergency cash rate cut.

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millennials save money

RBA makes emergency cash rate cut to 0.25%

Australia's central bank has made history today, cutting the cash rate for the second time in a month for the first time in history.

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millennials save money

Landlords shouldn't evict tenants during COVID-19 crisis, groups say

A number of groups have called for greater protection for renters during the COVID-19 pandemic, as businesses and jobs take a hit.

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millennials save money

Westpac and RAMS cut savings account rates

Westpac, as well as its subsidiary RAMS, have both cut savings account interest rates today by 25 basis points.

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millennials save money

ANZ, NAB & Up the latest to cut savings account rates

Major banks ANZ and NAB have joined the chorus of institutions slashing savings account interest rates in March.

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millennials save money

86 400, ME, Ubank and CBA all cut savings account rates

Interest rates on some of Australia's market-leading savings accounts have been slashed in wake of last week's the cash rate cut.

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millennials save money

Buy now, pay later to double market share by 2023

The buy now, pay later market is set to grow massively, potentially doubling its market share by 2023.

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millennials save money

Government stimulus only a start: ACOSS

The Government announced a $17.6 billion stimulus package today, which includes a $750 one-off cash handout to Newstart recipients as well as pensioners.

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