Savings Account News

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

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

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

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

Real wage growth sluggish at 0.2% in March before lockdowns hit

Data released today revealed wages were sluggish in the March quarter before restrictions hit the economy.

By Harrison Astbury ● May 13, 2020

Coronavirus to deliver $143b blow to economy: Deloitte

The economy is set for the biggest crash since the Great Depression, according to a new forecast.

By Emma Duffy ● May 11, 2020

Commbank partners with fintech Slyp for digital receipts

Australian fintech Slyp now has the backing of all of the big four banks after it partnered with Commonwealth Bank today.

By Alex Brewster ● May 11, 2020

Are JobKeeper and JobSeeker getting the axe earlier than expected?

It was widely reported that JobKeeper and boosted JobSeeker payments might not last the full six months, after statements the Government made on Friday.

By Harrison Astbury ● May 11, 2020

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