Home lending ticks upwards in June
The latest home lending data for the month of June shows a 1.3% monthly increase in the value of loans approved.
August 07, 2019
How much does the average Australian save?
Want to know how your rate of savings stacks up against the average Australian? Wonder no more.
August 06, 2019
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%.
August 06, 2019
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.
August 02, 2019
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.
August 02, 2019
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.
July 30, 2019
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.
July 30, 2019
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.
July 30, 2019
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.
July 26, 2019
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.
July 22, 2019
