Savings Account News

Unemployment falls but Victorian job market scarred from lockdowns

Australia's unemployment rate has fallen to 6.8% in August, down from 7.5% in July.

By Alex Brewster ● September 17, 2020

Proposed income tax cuts benefit rich men, women short-changed

Despite COVID job losses impacting women most, the federal government's proposed income tax cuts will benefit rich men twice as much as women.

By Emma Duffy ● September 16, 2020

Deloitte: JobSeeker cuts will cost 145,000 jobs and $30bn to economy

Planned cuts to JobSeeker payments could cost the economy billions and scar the job market for years.

By Alex Brewster ● September 15, 2020

A series of unprecedented events: How coronavirus has changed our economy

The coronavirus pandemic has changed our economy and way of life on a scale not seen for generations. Here's a summary of all key ways it did.

By William Jolly ● September 14, 2020

Aussie super withdrawals hit $33 billion

Withdrawals made through the COVID-19 superannuation early release scheme have hit the $33 billion mark, the latest data shows.

By William Jolly ● September 14, 2020

Good Shepherd expands $3,000 relief loan for those impacted by the pandemic

Good Shepherd Microfinance has announed an extension of its financial support for those impacted by coronavirus, with the support of major bank NAB.

By William Jolly ● September 09, 2020

Bill payment platform 'Deferit' sees massive increase in users through COVID

Deferit, a payment platform that helps people pay their bills on time, has seen a 40% increase in signups since COVID began.

By Alex Brewster ● September 08, 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

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

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

Refinance home loans.Rates from 1.99% p.a.

Low-rate car loansRates from 3.97%

Savings ratesof up to 3.50%

Term deposit ratesof up to 1.45%

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Refinance home loans.
Rates from 1.99% p.a.

Low-rate car loans
Rates from 3.97%

Savings rates
of up to 3.50%

Term deposit rates
of up to 1.45%

Let us come to you.
Get Savings in your inbox.