News

Australian economy locked into slow growth in 2020: Deloitte

With wage growth stagnant, unemployment unlikely to fall, and the economic cost of bushfires and drought to soar well into the billions, Australia's economy could be treading water, rather than roaring into recovery in 2020.

By Alex Brewster ● January 20, 2020

BCU raises home loan interest rates, while Aussie, Newcastle Permanent cut

With the RBA slated to cut interest rates in February, a few lenders appear to have gotten ahead of the curve, with Aussie making sweeping cuts across many of its home loan products this week while Newcastle Permanent and BCU also moved rates on several products.

By Harrison Astbury ● January 17, 2020

2019 Australian rental market review: Sydney plummets, Hobart skyrockets

The Domain Rental Report for December 2019 has revealed rental statistics for the year, with Sydney demonstrating a large drop in values, followed by Darwin, while Hobart and Perth had the biggest jump in prices.

By Alex Brewster ● January 16, 2020

The home lending market rebounded further in November

Released today, national lending data for November indicates a market rebound.

By Harrison Astbury ● January 16, 2020

Savers stung as NAB slashes savings account interest rates

Savers are getting the raw end of the stick yet again as one of Australia's biggest banks cuts rates across multiple savings accounts.

By Emma Duffy ● January 16, 2020

NAB, Judo, Bank of Sydney: Term deposit changes in 2020

A host of banks have already made changes to their term deposit interest rates so far in 2020 - for better or worse.

By William Jolly ● January 16, 2020

Westpac, loans.com.au pledge home loan support for bushfire victims

Australians affected by the devastating bushfires may soon receive some welcome financial relief.

By Emma Duffy ● January 15, 2020

Neobank Xinja launches 2.25% savings account

One of Australia's newest banks, Xinja, has officially launched its new high interest savings and transaction account product today.

By William Jolly ● January 15, 2020

South Australian property prices reach bottom but modest growth projected

Adelaide's property price slide appears to have bottomed out as buyer confidence and auction clearance rates rise across the state, according to research.

By Alex Brewster ● January 15, 2020

Credit card debt falls to lowest level in 12 years

The Reserve Bank (RBA) has revealed Aussies wiped $2.45 billion off credit card debts in the year to November 2019.

By Alex Brewster ● January 14, 2020

Let us come to you. Get Savings in your inbox.

Let us come to you.
Get Savings in your inbox.