Savings rates with no strings attached crack 5.50%

Australian Unity has today increased the rate on its Freedom Saver account by 1.25 percentage points to an ongoing rate of 5.50 per cent for balances of up to $50,000.

Westpac and NAB the next big banks to hike fixed + Westpac hikes new customer variable rates

Westpac and NAB – Australia’s second and third largest lenders – have both hiked the majority of their fixed rates for both owner-occupiers and investors, in some cases by up to 0.25 percentage points.

Shoppers warned to stay on track this Black Friday

Shoppers planning to hit the Black Friday sales should create both a list of things they need, and a water-tight budget, to avoid overspending or getting caught up in unnecessary debt.

CBA to lift rate on 3-year fixed mortgages in addition to variable hikes

CBA, Australia’s largest bank, will be increasing the rate on its 3-year fixed mortgages, for both owner-occupiers and investors by 0.30 percentage points, effective in two days’ time (17 November).

CBA steps up for savers – how the big four banks now stack up

CBA has announced it will be passing on the full 0.25 percentage point hike to its variable mortgage customers, effective 17 November.

Can your credit score impact how and when you're approved for a credit card?

Your credit score can significantly impact how and when you are approved for a credit card. By better understanding your credit score you may boost your chances for credit card approval.

ANZ and Westpac the next to announce full hikes to variable mortgage customers

ANZ and Westpac have followed in NAB’s footsteps, announcing they will be passing on Tuesday’s cash rate hike to their variable mortgage customers in full.

NAB announces rate hikes

NAB has announced it is passing on Tuesday’s cash rate hike to variable borrowers in full, effective 17 November.

RBA hikes cash rate to 4.35%: what borrowers should do next

The RBA has today increased Australia’s cash rate to 4.35 per cent, the 13th hike since the start of May 2022 and the highest since November 2011.

Australians continue to cut down on credit card debt

Australia’s total credit card debt has decreased for the fourth month in a row, with the latest data showing a drop of $158 million between August and September.