News

Bank CEO hits back at Treasurer for ‘bank bashing’

The Chairman and CEO of non-major bank MyState has fired back at the federal government over its criticism of banks not passing on interest rate cuts in full.

By Emma Duffy ● October 18, 2019

First home buyers don’t care much for the cash rate

Home loan interest rates may be falling to new lows each month (or so it would seem), but this doesn’t seem to always have a positive effect on first homeowner activity, according to new research.

By William Jolly ● October 18, 2019

First Home Loan Deposit Scheme gets the green light

The Coalition Government passed new laws through Parliament this week to implement the First Home Loan Deposit Scheme, which will provide a guarantee to eligible first home buyers to purchase a home with a deposit as low as 5%.

By Emma Duffy ● October 17, 2019

Reserve Bank minutes reveal decision to cut rates was deeply debated, with concerns low rates could backfire

The Reserve Bank of Australia’s (RBA) October interest rate cut was deeply debated among board members who feared it may backfire, driving up house prices and failing to boost the economy.

By Emma Duffy ● October 15, 2019

Up Bank and Transferwise announce partnership set to make sending money overseas cheaper

More than 250,000 Up Bank customers will now be able to send money abroad in 52 currencies directly from their transaction account without having to leave the app.

By Emma Duffy ● October 15, 2019

Former ACCC Chair urges borrowers to consider non-bank lenders

If you’re wondering why your bank hasn’t passed on interest rate cuts in full, former ACCC Chair Graeme Samuel says fed up borrowers should take their business to smaller lenders.

By Emma Duffy ● October 15, 2019

69% of millennial homeowners only took five years to save for house deposit: ING

Owning a home has seemed out of reach for a lot of millennials but new research from ING suggests it could be far more achievable than we think.

By Emma Duffy ● October 14, 2019

ME Bank cuts fixed rate home loans to under 3%

ME Bank has today announced its lowest ever rate, cutting its two year fixed home loan rate to 2.88% p.a (3.96% p.a. comparison rate*).

By Alex Brewster ● October 14, 2019

Millennials want homes, but don’t understand basic deposit requirements

57% of millennials have never heard of Lenders Mortgage Insurance and some don’t know it’s possible to get a home loan with less than 20% deposit.

By Emma Duffy ● October 10, 2019

Why you should never redeem points for products over flights

Airline points experts have crunched the numbers on rewards points and confirmed that flights remain much better value for points than consumer products.

By William Jolly ● October 10, 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%

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

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.