Savings Accounts

350,000 Aussies double dip on COVID-19 early super withdrawal

Nearly 350,00 Australians have applied to withdraw their super early for the second time in the new financial year, as second round withdrawals open up.

By Emma Duffy ● July 15, 2020

Victorian COVID-19 outbreak sees credit and debit card spending fall

Card spending in Victoria is lagging behind the rest of the nation as a result of their virus outbreak.

By Alex Brewster ● July 14, 2020

The second $750 stimulus payment flows from today

From today (13 July), the second $750 Centrelink stimulus payment will start flowing through to eligible recipients.

By Harrison Astbury ● July 13, 2020

Up to slash savings account interest rate next week

Neobank Up has announced it will be cutting its savings account interest rate by 25 basis points next week.

By William Jolly ● July 09, 2020

Are we getting tax cuts earlier than expected?

Yesterday, both the Prime Minister and Treasurer alluded that the legislated tax cuts from 2022 could be brought forward.

By Harrison Astbury ● July 09, 2020

Prime Minister and Treasurer hint at JobKeeper extension

Scott Morrison has hinted at the JobKeeper scheme being extended past its September end date.

By Alex Brewster ● July 09, 2020

Claiming non-work expenses on your tax return

Work expenses are usually the first thing you think to claim on tax, but what about non-work expenses?

By Alex Brewster ● July 08, 2020

Westpac to offer 3% savings rate to under-30s

From today, Westpac is offering a 3.00% p.a. savings account rate for people aged under 30 with a maximum account balance of $30,000.

By Harrison Astbury ● July 08, 2020

COVID-19 impacted Australians could receive $3,000 towards rent and bills

Australians impacted by COVID-19 may be eligible to receive up to $3,000 to put towards their rent and bills.

By Emma Duffy ● July 07, 2020

Fresh calls for a GST hike to 12.5%

Big four accounting firm Pricewaterhouse Coopers has called for a 12.5% GST, which it says could net up to $40 billion in extra tax revenue.

By Harrison Astbury ● July 07, 2020

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