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Home / News

News

Rate War: Another lender introduces a home loan under 2%

Last night, HomeStar Finance introduced an owner-occupier home loan fixed for one year at 1.98% p.a. (2.51% p.a. comparison rate*)

By Harrison Astbury ● July 31, 2020

Under 35s face decade of lost income while older people increase wealth

A new report has revealed a massive generational gap in income growth.

By Alex Brewster ● July 30, 2020

"Wafer-thin savings buffer": Australians hurtling towards COVID-19 fiscal cliff

New findings suggest that while financial comfort levels may be up for now, winding back government support could send Australians with "wafer-thin" savings over the edge.

By Emma Duffy ● July 30, 2020

Australian property market remains resilient, but will it last?

A new report has revealed the Australian property market is balancing on a tightrope.

By Alex Brewster ● July 30, 2020

ING lowers savings maximiser rate to 1.65%

In an email to customers, today ING announced it is lowering its Savings Maximiser rate to 1.65% p.a. from tomorrow, 30 July.

By Harrison Astbury ● July 29, 2020

Inflation plunges -1.9%, Australia enters 'deflation'

Australia's consumer price index plunged -1.9% in the June quarter, marking the biggest quarterly drop in records dating back to 1948.

By Emma Duffy ● July 29, 2020

Big four banks improve trustworthiness through COVID-19

A new survey released today reveals Westpac, CBA, NAB and ANZ have improved their trust scores over the past three months.

By Harrison Astbury ● July 29, 2020

The potential $35,000 cost of breaking a fixed home loan

With the Reserve Bank's cash rate cuts this year driving fixed interest rates on home loans down to historic lows, experts are warning borrowers about break fees.

By Harrison Astbury ● July 28, 2020

Melbourne and Sydney apartment rents fall 2% during COVID-19

Asking rents for apartments in the country's two biggest cities have fallen by 2% during COVID-19, new data shows.

By Emma Duffy ● July 28, 2020

Wealth tracker records 200% increase in debt on its platform

Wealth management platform Myprosperity has seen a 200% increase of debt recorded on its platform since the start of the year.

By Harrison Astbury ● July 28, 2020

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