News

Number of 'unaffordable' home loans spikes 42%

Data from the prudential regulator released today reveals the number of unaffordable home loans being taken out has increased by 42% from June 2019 to June 2020.

By Emma Duffy ● September 08, 2020

Victorian real estate body tells landlords, agents to 'refuse rent reductions'

The Real Estate Institute of Victoria has advised members to refuse rent reductions in protest of the Victorian Government's latest inspection shutdowns.

By William Jolly ● September 08, 2020

Greater Bank introduces two sub-2% home loans

Today Greater Bank introduced two home loans under the 2.00% p.a. advertised rate barrier for owner-occupiers, with both being fixed for one year.

By Harrison Astbury ● September 08, 2020

Bill payment platform 'Deferit' sees massive increase in users through COVID

Deferit, a payment platform that helps people pay their bills on time, has seen a 40% increase in signups since COVID began.

By Alex Brewster ● September 08, 2020

Credit card debt down more than 20% since COVID struck

Credit card debt fell by more than 3% in just one month, according to the latest Reserve Bank figures, and has fallen by more than 20% since March 2020.

By William Jolly ● September 07, 2020

Zip, Afterpay back new share trading platform

Launched today, share brokerage platform Superhero has the backing of buy now, pay later industry heads, with $5 brokerage fees on trades of $100 or more.

By Harrison Astbury ● September 07, 2020

Mortgage holiday over for almost half a million borrowers

Lenders have begun to contact borrowers who have deferred mortgage repayments to see whether they can restart payments.

By Alex Brewster ● September 07, 2020

Suncorp, Horizon Bank slash fixed home loan rates

In the past week, Suncorp and Horizon Bank cut fixed home loan rates for both owner occupiers and investors by up to 30 basis points.

By Harrison Astbury ● September 04, 2020

SUVs continue dominance in new car sales shocker

New figures show car sales are in their 29th continuous month of decline, down 28.8% in August, yet light SUV sales are up 12.2%.

By Harrison Astbury ● September 03, 2020

Lack of migrants to send rents tumbling in Sydney and Melbourne

Australia's national border closure is set to put serious downward pressure on rental values and listings.

By Alex Brewster ● September 03, 2020

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.