News

Car sales drove off a cliff in 2019

The federal peak motoring body has today revealed a 7.8 per cent decrease in car sales in 2019.

By Harrison Astbury ● January 06, 2020

Low wage growth and rising expenses a barrier to Aussies reaching 2020 goals

New research shows more than half of Australians see their income as a hindrance to fulfilling their financial resolutions.

By Alex Brewster ● January 06, 2020

Australian house prices record strongest quarterly growth in a decade

Australian dwelling values rose by 1.1% over December and 4.0% over the quarter, representing the fastest rate growth over a three month period since November 2009.

By Alex Brewster ● January 02, 2020

Two million Aussies dump private health insurance as prices soar

New research has compounded a miserable year for the private health insurance sector, with 2.23 million Australians dumping their cover in the past five years.

By Alex Brewster ● December 30, 2019

ACCC: Household electricity bills fall but affordability still a concern

The average annual bill for households in 2018-19 fell by $65 (4%) compared with the previous year, according to the Australian Competition and Consumer Commission (ACCC).

By Alex Brewster ● December 23, 2019

Credit growth hits lowest point in 10 years

Annual credit growth in Australia has hit a near-decade low, according to the latest Reserve Bank (RBA) data.

By William Jolly ● December 23, 2019

Heritage Bank raises home loan interest rates while ING and BOQ cut

Most lenders have been cutting their interest rates lately but one bank has bucked the trend and raised theirs.

By Emma Duffy ● December 20, 2019

ACCC delays open banking launch to July 2020

Fundamental changes to Australia's banking system that were set for launch in February next year have been pushed back six months.

By Alex Brewster ● December 20, 2019

Home insurance increasingly unaffordable in Northern Australia

Home, contents and strata insurance is becoming increasingly unaffordable in northern Australia, causing the rate of uninsured households to be double the rest of the country.

By William Jolly ● December 20, 2019

Apple Pay arrives for St.George, BankSA and Bank of Melbourne customers, Westpac to follow

Apple Pay has launched for St.George, BankSA and Bank of Melbourne customers, while Westpac has promised to deliver the contactless payments platform to customers by June 2020.

By Emma Duffy ● December 19, 2019

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