Big bank home loan war as ANZ slashes fixed rates to 2.68%
Australia’s fourth largest lender, ANZ, has today slashed its fixed rate home loans by up to 0.86 per cent.
Should you get a credit card during uni?
As another year of university starts again, many young Aussies may be asking themselves how they’ll be able to afford the costs that come with schooling. One option students may turn to is taking out a credit card. But is this really the best option for your schooling years?
Singles step into property market thanks to government scheme
Aussie first home buyers who may have felt priced out of the property market are now getting a foot on the ladder, thanks to the First Home Loan Deposit Scheme.
CBA cuts fixed rates by up to 0.50%
Australia’s largest bank, CBA, has today cut fixed rate home loans by up to 0.50 per cent.
New buy-now-pay-later service bundll targets everyday spending
A new buy-now-pay-later service, bundll, has launched, targeting an area not yet covered by the big players: everyday spending.
Christmas shoppers give credit cards a workout
Australians spent $25.1 billion on their credit cards in December 2019 – $1.3 billion more than the previous year, according to today’s RBA figures.
First home buyers surge to decade high
Today’s ABS figures show first home buyers continue to make a comeback; reaching the highest level since December 2009, in seasonally-adjusted terms.
ANZ cuts interest rate floor
ANZ will decrease its interest rate floor for home loan serviceability assessments from 5.5 per cent to 5.25 per cent, effective 17 February.
RBA shines spotlight on mortgage loyalty tax
The Reserve Bank Governor has today urged loyal mortgage customers to “shop around” to get a better home loan rate.
The trick to finding the most affordable properties in any suburb
House hunters could potentially save hundreds of thousands in total repayments over the course of their mortgage by looking to the lower end of their desired market.
Low rates here to stay as RBA holds cash rate
The RBA has left the cash rate on hold at 0.75 per cent today with Governor Philip Lowe confirming low rates are here to stay.
Banks ready themselves for rate cut but RBA expected to hold
Banks are trimming home loan and deposit rates despite the fact the RBA is likely to keep rates on hold tomorrow, signalling there may still be a cut on the cards later in 2020.
CommBank launches new rewards credit card
CommBank has launched a new rewards credit card, with customers able to earn up to 3 Awards points for every dollar spent.