News

June EOFY car sales down nearly 10% from 2018

Sales figures for June 2019 show a 9.6% annual drop in Australia’s new vehicle market.

By Alex Brewster ● July 04, 2019

RBA rate cut July: Who’s passing on another cut?

For the second month in a row, Australia’s cash rate has been cut, but fewer banks and lenders are expected to fully pass on this month’s cut to home loan interest rates. Savings.com.au will keep you updated with the latest rate cut announcements.

By Dominic Beattie ● July 02, 2019

Macquarie Bank scraps international transaction fees on credit cards

Macquarie Bank has announced it will scrap international fees from its credit cards at the beginning of next month.

By Emma Duffy ● June 28, 2019

ASIC looks to end dodgy bank products

The Australian Securities & Investments Commission (ASIC) is reviewing how to use new powers allowing it to stamp out financial and credit products it perceives as damaging for consumers.

By Alex Brewster ● June 27, 2019

Life insurance policy switch off: Super members urged to check inactive policies

Inactive life insurance policies held in superannuation funds will be automatically cancelled if members don’t confirm they want to continue paying premiums before July 1.

By Emma Duffy ● June 24, 2019

Avoid these mistakes when claiming car expenses this tax-season

Car-related expenses account for roughly 40% of all work-related tax deductions, but what can and can’t be claimed is often cause for confusion.

By William Jolly ● June 21, 2019

Qantas announces major changes to its frequent flyer program

Qantas has just announced the “biggest overhaul to the airline’s loyalty program in its 32-year history”, adding a million more seats and slashing the number of points needed for select flights.

By William Jolly ● June 20, 2019

Aussies not abandoning their credit and debit cards just yet

The number of purchases made on both credit cards and debit cards has increased in recent months, according to data from Australia’s central bank.

By William Jolly ● June 12, 2019

Who’s passed on the RBA rate cut to term deposits?

With Australia’s central bank cutting interest rates this week, much of the focus has been on home loan rates – but plenty of institutions have been quietly moving term deposit rates too, and not all of them have been cuts either.

By William Jolly ● June 07, 2019

Smaller banks may be hit by new tax hike, customers could pay

The Treasury has proposed new bank levies which could cause smaller banks to pay more and big banks to pay less.

By William Jolly ● June 06, 2019

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