Australia’s annual household savings rate is at an 11-year low
Australia’s household savings ratio fell to 3% in 2018-19, the lowest annual savings rate in eleven years.
October 25, 2019
Property market will continue to strengthen in 2020: NAB
The Australian housing market will continue to gain momentum in 2020, according to the latest research from NAB.
October 24, 2019
Many Aussies “dead wrong” about property investors
When most people think of a property investor, it’s easy to think of some fat cat in a suit hoarding up as many homes as they can on the cheap before selling them off for a profit, to the chagrin of those struggling to enter the property market.
October 23, 2019
Judo Bank launches new 2.35% p.a. six-month term deposit
New neobank Judo Bank has added another competitive term deposit to its product suite, now offering a 2.35% p.a. term deposit for six months.
October 22, 2019
Beem It now allows instant transfers to multiple bank accounts
Bank-backed payments app Beem It has launched a new feature allowing users to instantly transfer money between several different bank accounts as well as set up scheduled payments.
October 22, 2019
First home buyers don’t care much for the cash rate
Home loan interest rates may be falling to new lows each month (or so it would seem), but this doesn’t seem to always have a positive effect on first homeowner activity, according to new research.
October 18, 2019
NAB finds consumer anxiety on the rise
People’s concern about their future spending and savings rose over the September quarter, according to NAB, but still remains below average.
October 16, 2019
Treasurer announces ACCC inquiry into mortgage prices
Treasurer Josh Frydenberg has today asked Australia’s competition watchdog to conduct an inquiry into the banking sector’s refusal to pass on recent interest rate cuts in full to its customers.
October 14, 2019
UBank cuts savings rate by 31 basis points
Popular online bank UBank has slashed the interest rate on its savings account products by 31 basis points – more than the official cash rate cut.
October 11, 2019
Why you should never redeem points for products over flights
Airline points experts have crunched the numbers on rewards points and confirmed that flights remain much better value for points than consumer products.
October 10, 2019
