Savings Accounts

How much do you need to save to retire comfortably?

Savings.com.au takes a good hard look at the amount of money the average person needs to live a comfortable retirement.

By William Jolly ● March 07, 2019

Household saving ratio rises slightly to 2.5%

Australia’s household saving ratio has risen marginally from last quarter’s decade-low rate of 2.4%, according to the latest data.

By Dominic Beattie ● March 06, 2019

Australian economy could lose $7 billion to sick days in 2019

Australian workplaces could be saving $7 billion annually if it weren’t for sick days, according to a report by AIG.

By William Jolly ● March 01, 2019

Banking Code shaken up to better protect customer

In response to recommendations from the Hayne Royal Commission’s final report, the Banking Code of Practice will be revamped to provide better protections for Australian banking customers.

By Dominic Beattie ● February 27, 2019

ME Bank survey shows the importance of learning about money as a child

A study by ME Bank has found a strong link between financial wellness as an adult and money experiences as a child.

By William Jolly ● February 21, 2019

Average weekly full-time salary rises 2.4% to $1,605

Following the release of the latest wage price index figures, the ABS has today revealed the average weekly earnings for full-time Australian adults in November 2018 was $1,604.90.

By Dominic Beattie ● February 21, 2019

Annual wage growth remains at 2.3%

Australian wages grew 0.5% over the December quarter of 2018, keeping the country’s annual wage growth figure at 2.3%, according to figures released by the ABS today.

By Dominic Beattie ● February 20, 2019

Another major city to trial a Universal Basic Income

The city of Stockton in California, USA is the latest city to trial a universal basic income, a scheme that provides periodic cash payments to people to assist with the cost of living.

By William Jolly ● February 19, 2019

Cost of living a key concern for Aussie millennials

A new report has revealed that for many Australian millennials, ‘the cost of living’ is considered to be the most important issue ahead of the upcoming federal election.

By Dominic Beattie ● February 15, 2019

Aussie households continue to feel the squeeze

A combination of falling property prices, mortgage price pain, higher costs of living and falling incomes have pushed household financial confidence levels to new lows, according to research from Digital Finance Analytics (DFA).

By Dominic Beattie ● February 11, 2019

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