Savings Account News

ANZ cuts savings account interest rates to lowest yet

ANZ has today swung the axe across a number of its savings account, term deposit and home loan products.

By Emma Duffy ● January 23, 2020

Australian unemployment falls, no February RBA rate cut?

Australia's unemployment rate fell to 5.1% in December, from 5.2% in November.

By Alex Brewster ● January 23, 2020

Nearly two-thirds of working Australians in non-mortgage debt

Nearly two-thirds of working Australians hold debt besides a home loan, according to new research from ING.

By William Jolly ● January 23, 2020

Rising back to school costs hitting families hard

With the new school year starting next week, many Australian families are struggling to keep up with rising back to school costs.

By William Jolly ● January 22, 2020

Australian pokie gambling falls while lottery participation remains steady

The Northern Territory has the highest poker machine and betting participation rates of any state or territory, while Western Australia has the highest rate for lotteries and scratch tickets.

By Alex Brewster ● January 21, 2020

One in five Aussies don't think Australia will be the 'lucky country' in 10 years: NAB

Aussies are concerned the rising cost of living combined with low wages growth and unaffordable housing could make Australia unliveable in the next ten years.

By Emma Duffy ● January 20, 2020

Australian economy locked into slow growth in 2020: Deloitte

With wage growth stagnant, unemployment unlikely to fall, and the economic cost of bushfires and drought to soar well into the billions, Australia's economy could be treading water, rather than roaring into recovery in 2020.

By Alex Brewster ● January 20, 2020

Savers stung as NAB slashes savings account interest rates

Savers are getting the raw end of the stick yet again as one of Australia's biggest banks cuts rates across multiple savings accounts.

By Emma Duffy ● January 16, 2020

Neobank Xinja launches 2.25% savings account

One of Australia's newest banks, Xinja, has officially launched its new high interest savings and transaction account product today.

By William Jolly ● January 15, 2020

Black Friday drives November retail sales to strong result

Australian retail turnover rose to 0.9% in November 2019, well above economists' predictions of between 0.4% and 0.6%.

By Alex Brewster ● January 10, 2020

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