News

Term deposit rate wrap: CBA cuts deposit rates, ANZ increases

Two of the big four banks have switched up their term deposit rates in the past week.

By William Jolly ● February 14, 2020

Westpac further reduces savings account interest rates

Westpac is the latest of the big four banks to cut interest rates on its savings accounts.

By Emma Duffy ● February 13, 2020

11% of applicants for First Home Loan Deposit Scheme are over 40-years-old

Middle-aged Australians are also hoping to utilise the scheme to become first home buyers, according to new data.

By Emma Duffy ● February 13, 2020

Downsizers want spare bedrooms

Around two-thirds of downsized older Australians still have at least one spare bedroom.

By Emma Duffy ● February 13, 2020

Fewer than 1 in 6 Australians expect interest rates to fall in 2020

Fewer consumers expect mortgage interest rates to go lower in 2020, despite what many economists are saying.

By Harrison Astbury ● February 13, 2020

Ok Beemer: Young Aussies splitting the bill this Valentine's Day

New data from Beem It suggests younger Aussie couples are going 50:50 on bills this Valentine's Day.

By William Jolly ● February 13, 2020

Sydney house prices to surge by as much as $100,000 in 2020

It's getting hot in here - Australia's hottest property market shows no signs of being extinguished, with prices expected to rise by as much as 10% this year.

By Emma Duffy ● February 12, 2020

Aussie travellers spent more than $1 billion on their debit cards overseas in December

Overseas debit card spending surged in December as more banks slashed foreign transaction fees and charges.

By Harrison Astbury ● February 12, 2020

Credit card debt plummets 10% over 12 months

Australians are clearly working hard to pay off their credit card debt, according to the latest Reserve Bank data.

By William Jolly ● February 12, 2020

Which currencies is the Aussie dollar stronger against?

Remember the good old days when we were at parity with the US Dollar? Yeah, the good times had to end eventually, but there are some countries where the AUD is performing well.

By Harrison Astbury ● February 12, 2020

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