News

Challenger lenders edge closer to 1% fixed home loans

No lender has taken the 1% jump yet, but several in the past week have cut home loans to rates as low as 2.09% p.a.

By Harrison Astbury ● April 09, 2020

Record number of digital wallet transactions made in March 2020

Australians are turning to digital wallets in record numbers to buy things during the COVID-19 panic.

By William Jolly ● April 09, 2020

Coronavirus JobKeeper package to be passed in Parliament

The Federal Government's $130 billion 'JobKeeper' package is expected to be passed in parliament today, but accounting bodies are warning businesses to do their research before applying for the subsidy.

By Emma Duffy ● April 08, 2020

New loan values in February fell 1.7% pre-coronavirus

New loan values in February 2020 were down 1.7% in seasonally adjusted terms compared to January, according to data released today.

By Harrison Astbury ● April 08, 2020

AMP cuts introductory interest rate barely a week after raising it

AMP has rolled back the interest rate on its once market-leading introductory savings account, barely a week after increasing it by more than 50 basis points.

By William Jolly ● April 08, 2020

Sydney and Melbourne property prices could fall up to 30% due to coronavirus

New research has painted a grim picture for the Australian property market's future should the coronavirus pandemic worsen.

By Alex Brewster ● April 08, 2020

RBA holds cash rate at 0.25%

Australia's cash rate will remain unchanged in April, following a tumultuous month which saw two cuts.

By William Jolly ● April 07, 2020

Working from home? Claiming tax deductions just got a whole lot easier

If you're one of the millions of Australians now working from home due to the coronavirus pandemic, it just got a bit easier for you to claim tax deductions.

By Emma Duffy ● April 07, 2020

Morrison Government announces new rules on commercial tenancies in coronavirus period

The Prime Minister has announced new rules for commercial tenancies.

By Alex Brewster ● April 07, 2020

360,000 Australians apply for early super release

More than 360,000 Australians have applied for early release of their superannuation under the coronavirus assistance scheme, but there are warnings scammers are trying to exploit those impacted.

By Emma Duffy ● April 07, 2020

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