Savings Account News

What are the experts saying about the government stimulus?

The government's $17.6 billion dollar stimulus package was announced yesterday, and industry response has been mixed.

By Harrison Astbury ● 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

ATO to target wealthy Australians, cryptocurrency investors

Rich Australians are paying about $770 million less in tax than they should be, robbing the system of hundreds of millions annually.

By Emma Duffy ● March 12, 2020

Stimulus announced: $750 for Newstart and pensioners

The Government has announced a $17.6 billion stimulus package which includes a one-off cash handout of $750 to pensioners and welfare recipients such as those on Newstart.

By Harrison Astbury ● March 12, 2020

Afterpay, Apple Pay and Google Pay drive digital payment adoption

Digital payment platforms like Afterpay, Apple Pay and Google Pay are driving Australia's growth in utilising digital payment methods.

By William Jolly ● March 11, 2020

Millennial money app Wildcard launches new feature that multiplies your savings

Popular budgeting app Wildcard has launched a new feature which allows you to lock your money away by giving a friend or family member the ability to block debits from the account.

By Emma Duffy ● March 11, 2020

Consumer confidence reaches five year low

Westpac's latest Consumer Sentiment Index is down to the second lowest level seen since the Global Financial Crisis.

By Harrison Astbury ● March 11, 2020

Gen Z the fastest growing group of scam victims

Zoomers - those aged under 25 - are falling victim to scams at a faster rate than older generations, most notably for fake event tickets and online shops.

By Harrison Astbury ● March 10, 2020

ACCC drafts guidelines to make power prices fairer

New guidelines designed to reduce the price of electricity for consumers have been laid out by Australia's competition watchdog.

By William Jolly ● March 10, 2020

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