Savings Account News

Australia is a casual work nation, and most of these jobs face automation, OECD warns

About 36% of Australian jobs face a high risk of being automated, which could lead to the emergence of lower quality jobs as a result, the Organisation for Economic Co-operation and Development (OECD) says.

By Emma Duffy ● April 26, 2019

439,000 Aussies intend to retire in 12 months, despite meagre savings

The number of Australians planning to retire in the next 12 months has risen, with many set to rely on government benefits, according to research.

By Dominic Beattie ● April 26, 2019

A third of Australians would trust a robot to handle their finances, research reveals

A third of Australians would trust a bot over a real person to offer them financial advice, as faith in the human side of the financial sector wavers in the wake of the Banking Royal Commission.

By Emma Duffy ● April 24, 2019

Millennials: more money savvy but apprehensive about financial future

Despite being one of the most financially aware generations, millennials are the most worried about their financial future, according to research by Mortgage Choice and Core Data.

By Emma Duffy ● April 23, 2019

Australians gambling less

New data from Roy Morgan shows there’s been a significant drop-off in the number of adult Australians gambling.

By William Jolly ● April 15, 2019

Most Aussies don’t understand the very basics of their money

New Research by Raiz has found many Australians lack a clear understanding about basic personal finance, including their own savings account’s interest rate.

By William Jolly ● April 11, 2019

Australians saving for a holiday, not a home loan

More Australians are choosing to save for a holiday rather than a home loan, new data from Commonwealth Bank’s Goal Tracker tool reveals.

By Emma Duffy ● April 11, 2019

Only 15% of consumers think the Federal Budget will improve their finances

Despite promising significant tax cuts, most consumers don’t expect the Australian Government’s 2019 Federal Budget to have a positive effect on their finances over the next 12 months, according to a survey.

By Dominic Beattie ● April 10, 2019

New Gateway Bank CEO on one of the ‘best-kept secrets’ to saving

Amid the proliferation of flashy finance apps and digital savings tools in recent years, Gateway Bank’s new CEO Lexi Airey has called on Aussies to get back to old-school methods of saving and embrace the value of thrift.

By William Jolly ● April 08, 2019

Labor targets low income earners, promises bigger tax cuts

Low income earners are set to receive bigger tax cuts under a Labor government, as Bill Shorten is set to use his budget reply on Thursday to focus on people earning under $40,000.

By Emma Duffy ● April 04, 2019

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