News

JobSeeker payments set to be permanently increased by Morrison Government

In the wake of devastating job figures, the unemployment benefit looks set to be increased permanently.

By Alex Brewster ● June 19, 2020

Low fees on savings accounts drives 7% plunge in bank fee revenue

Bank's fee revenue from households fell by 7% last year, largely driven by lower fees on deposit accounts.

By Emma Duffy ● June 18, 2020

Almost 1 million Australians unemployed as unemployment rate hits 7.1%

Australia's unemployment rate increased in May to 7.1% from 6.4% in April, seasonally adjusted.

By Alex Brewster ● June 18, 2020

Banks call for permanent electronic mortgage applications

Bank and housing organisations have today called on the National Cabinet to make electronic mortgage applications permanent post-COVID-19.

By Harrison Astbury ● June 18, 2020

NAB cuts home loan rates as it reaches First Home Loan Deposit Scheme milestone

NAB has today cut various home loan rates to its own record lows, as it announces a new customer milestone through the First Home Loan Deposit Scheme.

By William Jolly ● June 18, 2020

COVID-19 causes more Aussies to save on energy, home improvements and food wastage

The vast majority of Australians have made significant lifestyle changes to reduce costs and make a positive environmental impact during COVID-19, new research shows.

By William Jolly ● June 17, 2020

Aussies spent big on coronavirus-driven home renovation boon before $25k HomeBuilder grant

Australians were spending up big on home renovations and trades services before the $25k HomeBuilder grant was announced, new data shows.

By Emma Duffy ● June 17, 2020

'Lift your game': ACCC's warning to international money transfer services

The Australian Competition & Consumer Commission yesterday said more transparency is needed in the international money transfer space.

By Harrison Astbury ● June 17, 2020

How will the property market cope when JobKeeper, home loan repayment deferrals and eviction moratoriums end?

Support for those experiencing financial hardship has helped millions of Australians through the COVID-19 recession, but what happens when this support comes to an end?

By Alex Brewster ● June 16, 2020

Sydney rental vacancy rate climbs to highest since 2005

The number of rental properties sitting vacant in Sydney have continued to surge, new figures show, putting pressure on landlords to cut rental prices.

By Emma Duffy ● June 16, 2020

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