ANZ slashes fixed home loan rates by up to 86 basis points ANZ has today made a raft of cuts to its fixed rate home loans for both investors and owner-occupiers by as much as 86 basis points. By Harrison Astbury ● February 21, 2020
With Holden gone, should the luxury car tax hit the road? With the ridgy-didge car brand turning cactus in 2021, perhaps it's time for the divisive luxury car tax to go walkabout. By William Jolly ● February 20, 2020
First Home Loan Deposit Scheme: Where can buyers find a home? First home buyers purchasing a home under the First Home Loan Deposit Scheme may be limited to the outer fringes of capital cities. By Emma Duffy ● February 20, 2020
Unemployment is now 5.3%, heightening chance of RBA rate cut Unemployment data for January released by the ABS today is up 0.2% to 5.3%. By Harrison Astbury ● February 20, 2020
Judo Bank launches new 1.90% 3-month term deposit Judo has expanded its term deposit offering, releasing a new product with a three month term. By William Jolly ● February 20, 2020
"People badly want a different kind of bank": Xinja hits $200m in deposits Neobank Xinja's new 2.25% p.a. Stash savings account has had more than $200 million in deposits in less than a month. By Emma Duffy ● February 20, 2020
40% of Australians experiencing financial stress Research from NAB has found 40% of Australians have experienced some form of financial stress or hardship in the past three months. By William Jolly ● February 19, 2020
Millennials smash avocado myth, stashing cash and sacrificing for home ownership Millennials are more optimistic about achieving home ownership than the oft-maligned baby boomers. By Emma Duffy ● February 19, 2020
Real wages fell in the December quarter by 0.2% Wages rose 0.5% in the December 2019 quarter, while inflation was 0.7% in the same period. By Harrison Astbury ● February 19, 2020
RBA hints another rate cut could happen by mid-2020 Despite better than expected unemployment figures and the recent acceleration in home loan lending, Australia's central bank has left the door open to a rate cut in 2020. By Harrison Astbury ● February 18, 2020