Household financial confidence plummets to its lowest level

A combination of falling property prices, stagnant wage growth, rising cost of living and increasing levels of debt have pushed household financial confidence to its lowest level, according to Digital Finance Analytics (DFA).

Aussie bankruptcies hit 24 year low

Despite record high levels of household debt and mortgage stress in Australia, fewer Australians are filing for personal bankruptcy.

Cost of living increases are starting to slow

The cost of living might be a key topic of conversation in the buildup to the federal election, but the latest data shows things might not be as bad as they’re made out to be.