News

Aussies turn to buy now, pay later for essential spending during COVID-19

Over half of all Australians have put off essential spending as a result of the pandemic, new research reveals.

By Emma Duffy ● September 14, 2020

A series of unprecedented events: How coronavirus has changed our economy

The coronavirus pandemic has changed our economy and way of life on a scale not seen for generations. Here's a summary of all key ways it did.

By William Jolly ● September 14, 2020

Aussie super withdrawals hit $33 billion

Withdrawals made through the COVID-19 superannuation early release scheme have hit the $33 billion mark, the latest data shows.

By William Jolly ● September 14, 2020

Top 10 unit oversupply suburbs in Australia revealed

New data has identified the top ten danger zones for high settlement and cash flow risk for units.

By Alex Brewster ● September 14, 2020

Macquarie slashes interest-only home loan rates for investors

Macquarie Bank has slashed a wide range of interest-only investor home loans by up to 55 basis points.

By Harrison Astbury ● September 11, 2020

After six months, how have the Big Four banks responded to COVID-19?

As the initial wave of six month mortgage holidays come to an end, how have the Big Four banks helped customers throughout COVID-19?

By Emma Duffy ● September 11, 2020

COVID loan deferrals down as customers start to repay their home loans

The number of temporary loan deferrals due to COVID-19 among Australian banks fell slightly in July 2020, as more customers started to make repayments on their loans.

By William Jolly ● September 11, 2020

CommBank launches interest-free credit card, just a day after NAB

Commonwealth Bank has announced the launch of a no-interest credit card, CommBank Neo.

By Alex Brewster ● September 11, 2020

Spending 'key to recovery' as consumer confidence soars 18%

Westpac's consumer confidence index bounced back in September, as the Australian Retailers Association said the key to economic recovery is spending.

By Harrison Astbury ● September 10, 2020

NAB launches interest-free credit card in Australian first

NAB has launched the NAB StraightUp Card, Australia's first no-interest credit card.

By Alex Brewster ● September 10, 2020

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