News

Credit card use on the rise

The Reserve Bank’s latest payments system data shows a slight increase in the use of credit cards in February.

By William Jolly ● April 12, 2019

Australians saving for a holiday, not a home loan

More Australians are choosing to save for a holiday rather than a home loan, new data from Commonwealth Bank’s Goal Tracker tool reveals.

By Emma Duffy ● April 11, 2019

More Australians expect to increase their debt in 2019

The number of Australians who expect their debt levels to increase this year has grown significantly, according to a survey from EY.

By William Jolly ● April 09, 2019

Consumers ‘cautious’: March new car sales slip

Amid an increasingly uncertain economic climate, Australian sales of new vehicles in March were down 7.1% on last year, according to the latest figures.

By Dominic Beattie ● April 03, 2019

Retail spending unexpectedly rises in February

Retail sales growth smashed expectations in February, rising 0.8% in seasonally adjusted figures, according to data from the Australian Bureau of Statistics (ABS).

By Emma Duffy ● April 03, 2019

Average term deposit rate drops in March

Retail term deposit interest rates have fallen on average again in March, following several high profile rate drops from major banks.

By William Jolly ● April 02, 2019

Rising income tax strangles household spending

Households are slashing their spending as rising income tax puts a stranglehold on disposable income growth, according to Australia’s central bank.

By Emma Duffy ● March 27, 2019

Apple to release its own credit card

Tech giant Apple has staked its claim to a share of the credit card market, unveiling its new credit card product at an event California, called ‘Apple Card’.

By William Jolly ● March 26, 2019

Average petrol price hits 4-month high

The national average price of unleaded petrol in Australia rose 9.1 cents last week to hit 143.7 cents a litre, according to the Australian Institute of Petroleum.

By Dominic Beattie ● March 26, 2019

Millennials plan to travel more than other Australians

The number of Australians choosing to go on both domestic and overseas holidays has dropped but millennials still remain bitten by the travel bug, according to a Roy Morgan survey.

By Emma Duffy ● March 25, 2019

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