Savings Accounts

Tax refund app says $1.1 billion of WFH expenses to be claimed

Tax refund app TaxFox has estimated the working-from-home tax deductions up for grabs for Australian workers this year could total $1.1 billion, while also revealing the nation’s highest-claiming professions.

By Harrison Astbury ● September 03, 2020

Recession confirmed: GDP plunges 7% in largest ever fall

Australia's Gross Domestic Product (GDP) has fallen by 7.0%.

By Alex Brewster ● September 02, 2020

Looming crisis once COVID-19 income support ends

JobKeeper and JobSeeker payments have mostly prevented people falling into poverty, research reveals, but the gap between rich and poor is expected to explode once COVID-19 stimulus measures end.

By Emma Duffy ● September 02, 2020

Household savings rate skyrockets after JobKeeper, increased JobSeeker

Australian Bureau of Statistics data released today reveals the household savings ratio increased to 19.8% off the back of JobKeeper and increased JobSeeker.

By Harrison Astbury ● September 02, 2020

Highest savings account interest rates 2020

Want to find a high interest savings account to store your hard-earned cash? It’s pretty slim pickings at the moment, but we’ve done our best to compile some of the highest savings account interest rates on the market this month.

By William Jolly ● September 01, 2020

High introductory savings account rates 2020

If you’re after a higher interest rate on your savings account for a limited period of time, then an introductory savings account could be the right product for you.

By William Jolly ● September 01, 2020

JobKeeper and JobSeeker reduction to push more than 700,000 into poverty

A new report has revealed the devastating effect the September Jobkeeper and JobSeeker reductions will have on households.

By Alex Brewster ● August 31, 2020

eftpos mobile payments see 400% growth through COVID period

eftpos has seen enormous growth in its mobile payment offerings as Australians flock to contactless payments through COVID.

By Alex Brewster ● August 28, 2020

8 ways to make extra cash online during COVID-19

The coronavirus pandemic has left thousands of Australians out of work or with reduced incomes. But you can still earn money online from the comfort of your couch.

By Emma Duffy ● August 26, 2020

Australians could be sitting on a $5,800 goldmine at home

Australians could stand to make over $5,000 selling unwanted goods in their homes, according to Gumtree's 2020 Second Hand Economy Report.

By Emma Duffy ● August 26, 2020

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