News

Customer-owned banks grow rapidly in 2019

Customer-owned banks (aka mutual banks) have emerged from a tough 2019 relatively unscathed, according to a new independent report from KPMG.

By William Jolly ● November 26, 2019

RBA: Low wage growth the “new normal”

The Reserve Bank of Australia (RBA) has warned Australians that stagnant wage growth of 2-3% is the “new normal”.

By Alex Brewster ● November 26, 2019

NAB to implement First Home Loan Deposit Scheme

NAB has been announced as the first of two major lenders to offer mortgages under the Federal Government’s First Home Loan Deposit Scheme.

By Emma Duffy ● November 26, 2019

Customers could flee big banks under open banking: Moody’s

The profitability of Australia’s major banks is under threat thanks to low interest rates, intense competition and open banking, according to a report from ratings agency Moody’s.

By William Jolly ● November 25, 2019

7 million Aussies losing sleep over money stress

If you’ve been lying awake at night unable to sleep because you’re so stressed about money, you’re not alone.

By Emma Duffy ● November 25, 2019

‘Tis the season for online shopping scams

All I want for Christmas is for people to not get scammed when online shopping, but new data shows that’s unlikely to be the case.

By Alex Brewster ● November 25, 2019

REIQ: No winners under QLD rental reforms

The Real Estate Institute of Queensland (REIQ) has slammed changes to Queensland rental legislation, labelling them reckless and damaging.

By Alex Brewster ● November 22, 2019

Two share economy startups join forces

There are car-sharing apps (such as Popcar or Car Next Door) and there are house-sharing apps like Airbnb, but for the first time in Australia, two of these share-economy platforms are teaming up to trial a new affordable way of living.

By William Jolly ● November 22, 2019

Home buying intentions jumping back to record highs, CBA says

Near-record numbers of house hunters are jumping back into the market and are determined to buy property, a clear sign monetary policy stimulus is working, according to Commonwealth Bank.

By Emma Duffy ● November 21, 2019

10 Sydney property market predictions for 2020

Australia’s most-talked-about property market, Sydney, looks to be heating up at the moment, with a 5% gain in median home values over the three months to 31 October 2019.

By William Jolly ● November 21, 2019

Refinance home loans.Rates from 1.99% p.a.

Low-rate car loansRates from 3.97%

Savings ratesof up to 3.50%

Term deposit ratesof up to 1.45%

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Refinance home loans.
Rates from 1.99% p.a.

Low-rate car loans
Rates from 3.97%

Savings rates
of up to 3.50%

Term deposit rates
of up to 1.45%

Let us come to you.
Get Savings in your inbox.