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
Suncorp Bank fee change could save customers up to $60 a year From today, Suncorp Bank will scrap all account keeping fees on deposit accounts for personal and business customers. By Emma Duffy ● March 09, 2020
Commbank cuts savings account rate following RBA rate cut Australia's biggest bank has cut its savings account rate by 0.25% p.a. By Alex Brewster ● March 09, 2020
UBank to cut savings account, term deposit rates NAB-owned UBank has been quick to cut its interest rates for savers in the wake of Tuesday's cash rate cut from the Reserve Bank. By William Jolly ● March 06, 2020
Horror start to the year for Australian retail Australian retail turnover fell 0.3% in January, according to the latest retail trade figures. By Alex Brewster ● March 06, 2020
Xinja won't cut interest rates (for existing customers) Neobank Xinja has paused opening new savings accounts in order to sustain its market leading interest rate for existing customers. By Alex Brewster ● March 05, 2020
Will the Government give cash handouts? With coronavirus sparking fears in the economy, will the Government give cash handouts like the Rudd Government did in 2009? By Harrison Astbury ● March 05, 2020
GDP growth surprises at 0.5% - no coronavirus recession? The economy grew by 0.5% in the December quarter, coming as a surprise to many economists who had predicted low to no growth. By Emma Duffy ● March 04, 2020