Savings Accounts

Saving outpaces spending as Aussies pocket their tax offsets

Belts around Australia appear to have tightened a few notches, with new figures revealing a sharp rise in the rate of household saving as Aussies stashed away, rather than splurged, the recent tax offsets.

By Dominic Beattie ● December 05, 2019

Forget presents, many millennials just want money for Christmas

New research has found many millennial Australians don’t want last-minute presents or hand-knitted sweaters this Christmas – all they want for Christmas is cold hard cash.

By William Jolly ● December 05, 2019

“Make insurance cheaper for younger, healthier people,” says Grattan Institute

A Grattan Institute report recommends charging younger people less for private health insurance to stop the continuing youth exodus from the private health system.

By Emma Duffy ● December 04, 2019

Goodments: the ethical investing app targeting millennials on climate crusade

Making small changes in our everyday lives is one of the oft-talked about ways to reduce our impact on the environment. But have you ever thought about how the stocks you invest in could make a difference?

By Emma Duffy ● December 03, 2019

Australians lose $25 billion on gambling in one year

It’s no secret that Aussies love to have a punt and new data has revealed the staggering extent to which that is true.

By Alex Brewster ● December 03, 2019

Parents say a ‘cashless society’ will hurt their children financially

Australian parents are raising concerns about the impacts of cashless society on their children, saying the absence of cash will leave them financially worse off.

By William Jolly ● December 02, 2019

Millennials and Gen Z bin over $1,000 of food every year

Australians are chucking out thousands’ worth of their hard-earned savings every year in wasted groceries, with Gen Z and millennials the worst offenders.

By Emma Duffy ● November 29, 2019

Black Friday is here – but is it worth the hype?

Black Friday is upon us once again, with scores of retailers offering countless mouth-watering discounts.

By William Jolly ● November 29, 2019

Debt the halls: Here’s our complete guide on how to rein in your Christmas spending

It’s the most punderful, but wasteful, time of year. From novelty gifts to alcohol, and everything festive in between, Christmas can be a trap for those prone to impulse spending.

By Emma Duffy ● November 28, 2019

Economic uncertainty driving retirees to spend only on bare necessities

More retirees in Australia are spending less on luxury items and buying only necessities, amid fears they won’t be financially prepared in an economic downturn, new research from Allianz Retire+ has found.

By Emma Duffy ● November 27, 2019

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