millennials save money

ING cuts max interest rate on its Savings Maximiser account to 2.55%

The ING Savings Maximiser savings account – popular among readers of the Barefoot Investor – has had its maximum interest rate lowered by 25 basis points to 2.55% per annum.

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millennials save money

Loans.com.au offering its lowest ever car loan interest rate

Following the Reserve Bank’s cash rate cut last week, online lender loans.com.au has lowered car loan interest rates by 45 basis points, taking one of its car loans down to its lowest ever rate.

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millennials save money

Aussies not abandoning their credit and debit cards just yet

The number of purchases made on both credit cards and debit cards has increased in recent months, according to data from Australia’s central bank.

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millennials save money

Vast majority of Australians still think housing affordability is a big issue

Nearly nine in 10 Australians still think housing affordability is a big issue in Australia despite recent falls in median house prices.

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millennials save money

Who’s passed on the RBA rate cut to term deposits?

With Australia’s central bank cutting interest rates this week, much of the focus has been on home loan rates – but plenty of institutions have been quietly moving term deposit rates too, and not all of them have been cuts either.

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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

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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