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.
June 06, 2019
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.
June 05, 2019
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.
June 04, 2019
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.
June 03, 2019
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.
May 31, 2019
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.
May 30, 2019
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.
May 30, 2019
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.
May 29, 2019
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.
May 28, 2019
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.
May 27, 2019
