millennials save money

Smaller banks may be hit by new tax hike, customers could pay

The Treasury has proposed new bank levies which could cause smaller banks to pay more and big banks to pay less.

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millennials save money

How ANZ, CommBank, NAB and Westpac responded to the RBA’s cash rate cut

Within hours of the RBA’s decision to reduce the cash rate by 25 basis points, each of the big four banks announced cuts to home loan interest rates.

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millennials save money

Reserve Bank cuts the cash rate for the first time in nearly three years

he monthly cash rate announcement has finally become interesting again, with the Reserve Bank of Australia (RBA) cutting the cash rate today for the first time since August 2016.

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millennials save money

Three-quarters of Australians don’t know what they pay in bank fees

Most Australians are unaware of the fees and charges they’re paying to their bank, according to new research from UBank.

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millennials save money

Term deposit movements: Three big banks drop rates

ANZ, National Australia Bank, Commonwealth Bank and a number of other banks have dropped interest rates on term deposits over the past week ahead of Tuesday’s widely-anticipated cash rate cut.

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millennials save money

Three-quarters of Indigenous Australians struggling with finance

A joint report from the First Nations Foundation (FNF), the Centre for Social Impact (CSI) and NAB has revealed the depth of the financial struggles Indigenous Australians are facing.

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millennials save money

What are low doc home loans?

Not everyone can get a regular home loan. For some, ‘low doc home loans’ are the best available option.

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millennials save money

Is superannuation to blame for millennials’ housing woes?

A research paper has claimed millennials are better off without compulsory superannuation because owning a home is more important for retirement.

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millennials save money

Consumers more confident about their finances ahead of expected rate cuts

In the wake of the federal election and ahead of an expected cut to interest rates in June, the average Australian has grown more confident in their finances, according to the latest figures.

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millennials save money

Car-buyers looking to hybrids

New research shows an increasing proportion of would-be car buyers intend to buy a hybrid vehicle, although the overall number of people looking to buy a new car is down.

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