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Home / News

News

UBank cuts its savings rate. Is it time to abandon savings accounts?

UBank has announced it will reduce the maximum interest rate on its popular USave account by 15 basis points on Friday.

By William Jolly ● November 11, 2020

Card spending surges as Melbourne emerges from COVID lockdowns

Card spending has surged as the country begins to reopen from COVID-19 lockdowns.

By Emma Duffy ● November 10, 2020

ING cuts savings account rate in wake of RBA rate cut

ING has again taken the knife to its once high-interest savings account rate.

By Alex Brewster ● November 10, 2020

JobSeeker will be extended to March at a reduced rate, but is it enough?

Prime Minister Scott Morrison has confirmed a further extension of JobSeeker until the end of March, at a reduced rate.

By William Jolly ● November 10, 2020

Will low fixed rates push borrowers back to the big four?

In today's record low interest environment, fixed rates are all the rage, so will they surpass variable rates in popularity among borrowers?

By Alex Brewster ● November 10, 2020

Big four banks improve image through pandemic, still lag behind challengers

Customers generally perceive CommBank, Westpac, NAB and ANZ better through COVID-19 but they still lag behind midsize banks, according to two recent surveys.

By Harrison Astbury ● November 10, 2020

75% of Aussies support 12% superannuation guarantee increase

An overwhelming majority of Australians support lifting the superannuation guarantee to 12% despite Reserve Bank modelling revealing that doing so will shrink wages growth.

By Emma Duffy ● November 09, 2020

Are credit cards recovering in time for a Christmas splurge?

Credit card debt continued to fall in September, according to the latest data, but spending and purchases are up slightly ahead of the pre-Christmas period.

By William Jolly ● November 09, 2020

You can now buy now, pay later your rental bond

A new buy now pay later platform, Flexibond, allows renters to break down their bond payment into four fortnightly instalments.

By Harrison Astbury ● November 09, 2020

CommSec: Australian houses are the world's biggest

Australia is building the biggest houses in the world, ahead of the US, according to the latest CommSec Home Size Report.

By Alex Brewster ● November 09, 2020

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