86 400 launches all-digital home loans

86 400 has today unveiled Australia’s first-ever digital home loan through brokers, allowing Aussies to get approved for a mortgage up to six times faster than the big four.

Wildcard: The reverse budgeting app

It can be hard to resist spending your entire paycheck sometimes, particularly with the temptation of buy now pay later services like Afterpay and Zip. Most young Aussies (aged 18-29) have less than $5,000 in the bank, with nearly a quarter (24%) having under $1,000, according to a 2018 triple j survey.

Australian homes up to 66% underinsured

New research from MCG Quantity Surveyors has found many Aussie property owners could have their homes underinsured by as much as 66%, potentially leading to enormous financial devastation in the event of a claim.