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Credit Cards

Credit card debt rises for the third month in a row as households struggle to clear Christmas debt

Credit card debt attracting interest charges has risen for the third month in a row in a sign an increasing number of households are struggling to get on top of their debt in 2024.

Eden Radford

Eden Radford -

09 Apr, 2024 -

4 min read

Credit Cards

End of year uptick in balance transfer cards

The number of credit cards offering 0% balance transfers grew slightly at the end of 2017, offering some relief to Australians with post-holiday debt. However, despite this surge in card numbers, there are still fewer interest-free balance transfer cards available than there were in mid-2017.

Mark Bristow

Mark Bristow -

05 Jan, 2018 -

2 min read

Credit Cards

Average credit card interest rates continue falling

The trend towards low-rate credit cards has made an impact on the Australian marketplace, with the average credit card interest rate on RateCity falling to a new low in April 2018.

Mark Bristow

Mark Bristow -

05 May, 2018 -

2 min read

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Home Loans

Interest-only mortgage rates rising for some, falling for others

As Australia��_s interest-only crackdown passes its one year anniversary, it turns out that interest-only mortgage rates for investors have been quietly falling. Interest-only home loan rates for investors increased between April 2017 and November 2017 - but then decreased between December 2017 and March 2018.

Nick Bendel

Nick Bendel -

08 Apr, 2018 -

2 min read

Home Loans

Home building in 2018 may prove stronger than expected
Mark Bristow

Mark Bristow -

18 Jan, 2018 -

2 min read

Home Loans

Good news for Perth tenants as rent prices fall

Real Estate Institute of Western Australia (REIWA) have released the June 2017 quarter real estate market snapshot, which shows that median house prices and sales are falling alongside rent prices.

Alex Ritchie

Alex Ritchie -

08 Sep, 2017 -

2 min read

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Car Loans

2017 a record year for car sales

Australia��_s sales of new motor vehicles rose at the end of December 2017, wrapping up a strong year for the nation��_s automotive market.

Mark Bristow

Mark Bristow -

16 Jan, 2018 -

3 min read

Car Loans

Mid-year slowdown in new vehicle sales

Australians bought fewer new vehicles in June 2018 than they did at the same time the previous year, according to the Federal Chamber of Automotive Industries (FCAI).

Mark Bristow

Mark Bristow -

06 Jul, 2018 -

2 min read

Car Loans

Lexus voted "best of the best" for customer satisfaction

If you��_re in the market for a car loan you may want to consider adding Lexus to your list of options, as the car manufacturer has been named the winner of the Roy Morgan Customer Satisfaction Award ��_Best of the Best��_ for 2017.

Alex Ritchie

Alex Ritchie -

26 Feb, 2018 -

2 min read

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Bank Accounts

Which banks allow free ATM withdrawals?

Below is RateCity��_s regularly updated list of which lenders allow non-customers to make free withdrawals from their ATMs.

Nick Bendel

Nick Bendel -

29 Sep, 2017 -

1 min read

Bank Accounts

Steady jobs growth keeps unemployment stable

The latest job figures from the Australian Bureau of Statistics (ABS) show the nation��_s unemployment rate held steady over October 2017.

Mark Bristow

Mark Bristow -

17 Nov, 2017 -

2 min read

Bank Accounts

Counting the cost of overseas fees in 2017

Australian travellers lost $442 million in overseas bank fees and charge over 2017, according to new research from ING. At the individual level, this breaks down to paying $155 per person, per trip, for the convenience of accessing their finances internationally.

Mark Bristow

Mark Bristow -

09 Feb, 2018 -

2 min read

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Personal Loans

A bad year for bankruptcies

It was a tough financial year for Australia��_s debtors, with the number of personal insolvencies growing to its highest figures in nearly a decade.

Mark Bristow

Mark Bristow -

19 Jul, 2018 -

2 min read

Personal Loans

Aussies borrowing more conservatively

While Australians are pouring more money into their homes, we��_re not borrowing as much with our personal loans or credit cards, according to new figures from the Australian Bureau of Statistics (ABS).

Mark Bristow

Mark Bristow -

13 Jul, 2017 -

2 min read

Personal Loans

Bankruptcies and debt agreements hit highs

More Australians are struggling to manage debt, mortgage stress and financial hardship, with the number of bankruptcies and debt agreements around the country increasing over the past three months.

Mark Bristow

Mark Bristow -

19 Oct, 2017 -

2 min read

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Savings Accounts

Unemployment falls after surge in full-time jobs
Nick Bendel

Nick Bendel -

15 Jun, 2017 -

2 min read

Savings Accounts

Debt on the rise, with Queenslanders hardest hit

When it comes to personal debt, Queenslanders are struggling the most.

Alex Ritchie

Alex Ritchie -

25 May, 2017 -

5 min read

Savings Accounts

More Aussies working part time, for fewer hours

New labour market numbers from the Australian Bureau of Statistics (ABS) indicate that while there were fewer Australians out of work in April 2017, many of them were in part-time jobs.

Mark Bristow

Mark Bristow -

19 May, 2017 -

2 min read

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Superannuation

Super set to deliver double-digit returns

A December 2017 rally provided enough of a boost to push estimated annual returns on Australian superannuation funds into double digits. This annual return is understood to not only be the sixth positive annual return in a row, but to be well above the annual 10-year average.

Mark Bristow

Mark Bristow -

02 Jan, 2018 -

2 min read

Superannuation

Aussies building more superannuation by working longer

The average age at which Australians intend to retire has increased by more than four years over the past decade, new research has found. Roy Morgan Research surveys from December 2017 found that the average age of Australians intending to retire in the next 12 months was 61.9 years.

Nick Bendel

Nick Bendel -

17 Mar, 2018 -

2 min read

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Investment Funds

All Ords down 2.7% over the past two quarters

Australia��_s stocks have gone steadily backwards over the past six months, with the All Ordinaries ending September at 5,744.90.

Nick Bendel

Nick Bendel -

05 Oct, 2017 -

2 min read

Investment Funds

Managed funds near $3 trillion mark

Australia��_s managed funds industry grew 9.2 per cent during the last financial year, the Australian Bureau of Statistics has revealed.

Nick Bendel

Nick Bendel -

08 Sep, 2017 -

1 min read

Investment Funds

Shares proved a solid investment in 2017

Australia��_s stock market posted solid gains in 2017, thanks to strong growth during the final quarter. The All Ordinaries rose 7.8 per cent over the year.

Nick Bendel

Nick Bendel -

02 Jan, 2018 -

2 min read

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Home Loans

Rates of the Nation Report, January 2017

Rates of the Nation Report, January 2017

Peter Arnold -

12 Jan, 2017 -

4 min read

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Superannuation

Making sense of the super changes

After backlash from both savers and crossbenchers, the Government came to a compromise last week and shelved one of its most controversial super plans.

RateCity

RateCity -

20 Sep, 2016 -

3 min read

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Cryptocurrency

What is Binance?

Binance is one of the largest cryptocurrency exchange platforms in terms of trading value, and Binance Coin (called BNB today) is its native cryptocurrency.

Jodie Humphries

Jodie Humphries -

21 Jul, 2022 -

2 min read

Cryptocurrency

The Polygon platform and MATIC coin

Polygon is a decentralized platform on top of Ethereum that enables developers to build applications that can be scaled up and offer high-speed transactions, low fees, and security. MATIC is Polygon’s native cryptocurrency.

Jodie Humphries

Jodie Humphries -

13 Apr, 2022 -

3 min read

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Nonspecific

Rates to hold at 1.5 per cent until 2017

The cash rate is set to hold at 1.50 per cent at Tuesday��_s Reserve Bank meeting, with the Board likely to sit on its hands until the August cut has had a chance to flow through the economy.

Laine Gordon

Laine Gordon -

05 Sep, 2016 -

2 min read

Home Loans

Reduce home loan rates

Find Reduce Home Loans currently available in Australia, and compare home loans with RateCity.

RateCity

RateCity -

05 May, 2016 -

4 min read

Nonspecific

Rates to hold in December, before rising in 2017

Official interest rates are poised to hold at the historic low of 1.50 per cent when the Reserve Bank Board meets this Tuesday.

Laine Gordon

Laine Gordon -

05 Dec, 2016 -

2 min read

Home Loans

Bankwest home loan rates

Find Bankwest home loans currently available in Australia, and compare home loans with RateCity.

RateCity

RateCity -

05 May, 2016 -

6 min read

Car Loans

IMB Bank car loan rates

Check out a selection of IMB Bank car loans currently available in Australia and compare against RateCity's car finance database.

Nick Bendel

Nick Bendel -

16 Aug, 2017 -

1 min read

Nonspecific

Rates to hold at 1.5 per cent until 2017

The cash rate is set to hold at 1.50 per cent at Tuesday��_s Reserve Bank meeting, with the Board likely to sit on its hands until the August cut has had a chance to flow through the economy.

Laine Gordon

Laine Gordon -

05 Sep, 2016 -

2 min read

Home Loans

Reduce home loan rates

Find Reduce Home Loans currently available in Australia, and compare home loans with RateCity.

RateCity

RateCity -

05 May, 2016 -

4 min read

Nonspecific

Rates to hold in December, before rising in 2017

Official interest rates are poised to hold at the historic low of 1.50 per cent when the Reserve Bank Board meets this Tuesday.

Laine Gordon

Laine Gordon -

05 Dec, 2016 -

2 min read

Home Loans

Bankwest home loan rates

Find Bankwest home loans currently available in Australia, and compare home loans with RateCity.

RateCity

RateCity -

05 May, 2016 -

6 min read

Car Loans

IMB Bank car loan rates

Check out a selection of IMB Bank car loans currently available in Australia and compare against RateCity's car finance database.

Nick Bendel

Nick Bendel -

16 Aug, 2017 -

1 min read