Savings Accounts

Students on Youth Allowance entitled to extra $550 coronavirus stimulus payment

The government has included students on Youth Allowance, Austudy and Abstudy in the COVID-19 stimulus package.

By Alex Brewster ● March 24, 2020

Should you withdraw from your superannuation during COVID-19?

The Federal Government recently announced it would allow those affected by COVID-19 to access some of their superannuation balances early.

By William Jolly ● March 24, 2020

What happens if your bank or lender goes bust?

Have you ever wondered what would happen if your bank or lender went bankrupt?

By Emma Duffy ● March 18, 2020

Westpac predicts a deeper recession. But what is a recession?

Economists have forecast Australia will fall into a deep recession as a result of the fallout from COVID-19.

By Alex Brewster ● March 18, 2020

CBA reports sharp decline in travel and education spending intentions

New research has revealed the early impacts of the Australian bushfires and COVID-19 on our spending intentions.

By Alex Brewster ● March 17, 2020

Westpac and RAMS cut savings account rates

Westpac, as well as its subsidiary RAMS, have both cut savings account interest rates today by 25 basis points.

By William Jolly ● March 17, 2020

ANZ, NAB & Up the latest to cut savings account rates

Major banks ANZ and NAB have joined the chorus of institutions slashing savings account interest rates in March.

By William Jolly ● March 16, 2020

Bitten by the micro-investing bug: The Raiz craze

Once the domain of men in tailored suits and shiny Rolexes shouting down the phone on the trading floors of Wall Street, investing has become a lot more accessible to the rest of us with the rise of micro-investing apps.

By Emma Duffy ● March 13, 2020

86 400, ME, Ubank and CBA all cut savings account rates

Interest rates on some of Australia's market-leading savings accounts have been slashed in wake of last week's the cash rate cut.

By William Jolly ● March 13, 2020

Government stimulus only a start: ACOSS

The Government announced a $17.6 billion stimulus package today, which includes a $750 one-off cash handout to Newstart recipients as well as pensioners.

By William Jolly ● March 12, 2020

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