millennials save money

The First Home Owner Grants in Australia

If you’re looking to buy your first home, you should be aware of First Home Owner Grants, which exist to assist new homeowners in buying their dream home. See what grants are available in each state and territory.

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millennials save money

How much does the average Australian save?

Want to know how your rate of savings stacks up against the average Australian? Wonder no more.

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millennials save money

Reserve Bank keeps cash rate steady

The Reserve Bank has decided not to go for the hat-trick of rate cuts and has instead maintained the official cash rate at 1.00%.

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millennials save money

Consumer Data Right passes: What does this mean for customers?

The Consumer Data Right (CDR) legislation was passed by the Senate yesterday afternoon, paving the way for open banking to finally begin in Australia.

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millennials save money

Term deposit, savings account rates slump to a new all-time low

Term deposit interest rates have fallen to all-time lows in the wake of two successive cash rate cuts in June and July.

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millennials save money

Where should your money be in a low interest-rate environment?

Long gone are the days of earning over 7% p.a in interest on your savings, with very few banks at present offering much more than 2% p.a. on savings accounts and term deposits. With more rate cuts possibly on the way, you may be considering alternative places to earn a return on your cash.

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millennials save money

No, your wedding reception is not tax-deductible

The Australian Taxation Office (ATO) has released a list of some of the more bizarre claims people have made on their tax returns.

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millennials save money

No pay rise for Aussies in eight years

The median household disposable income for Australians hasn’t gone up in eight years. In fact, it’s gone slightly backwards.

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millennials save money

These banks haven’t passed on a rate cut to savings accounts in July

Dozens of institutions have passed the two consecutive rate cuts onto their savings account products, hitting those who rely on earning interest to supplement their income.

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millennials save money

RACQ reveals the cheapest and most expensive cars to own in 2019

New research from RACQ has revealed which car models are the cheapest to own – and which are the most expensive.

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