Savings Account News

Over 3 million workers to seek career change post COVID-19

A new report has revealed 3.3 million Aussie adults are rethinking their career path.

By Alex Brewster ● May 20, 2020

COVID-19 lockdown job losses heaviest in Victoria and New South Wales

New data has revealed total payroll jobs fell by 7.3% over the seven weeks from mid-March to early May.

By Alex Brewster ● May 19, 2020

Lockdown lotto spending doubles

Pokies spending might be down, but COVID-19 shutdowns have resulted in a doubling of spend on lottery tickets.

By William Jolly ● May 19, 2020

'Wealth effect' in full swing even as new car sales decline

CommBank's Household Spending Intentions report released today revealed a 'distinct' upturn in car spending intentions from late 2019.

By Harrison Astbury ● May 19, 2020

Aussies withdrew $9bn in superannuation in three weeks

Australia's financial watchdog revealed that between 20 April and 10 May nearly 1.2 million successful super withdrawal applications were made.

By Harrison Astbury ● May 18, 2020

Call centre job applications spike six-fold from a year ago

Research reveals six times as many people have applied for a call centre job during COVID-19 restrictions compared to the same timeframe in 2019.

By Harrison Astbury ● May 15, 2020

Three quarters of Aussies financially stressed due to COVID-19

The panic created by COVID-19 has caused great deals of financial stress among Australians, with 77% saying they feel that way.

By William Jolly ● May 14, 2020

The Australians accessing their superannuation early revealed

Analysis by AMP reveals who is applying for the government's early access super scheme.

By Emma Duffy ● May 14, 2020

Unemployment shock as rate rises to just 6.2% in April

Australia's unemployment rate increased in April to 6.2% from 5.2% in March, seasonally adjusted.

By Alex Brewster ● May 14, 2020

Consumer confidence bounces back in May: Westpac

Consumer confidence surged in May, marking the biggest monthly gain since the survey began nearly 50 years ago as Australia's success in containing the virus led to an easing in social restrictions.

By Emma Duffy ● May 13, 2020

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