Home Loans

The latest APRA data shows money in offset accounts hitting a record high, while mortgage arrears continue to climb.

Eden Radford -

13 Mar, 2024 -

5 min read

Home Loans

The value of new home loans with risky levels of debt has plummeted, according to new data released by APRA yesterday.

Laine Gordon -

07 Jun, 2023 -

3 min read

Home Loans

Household deposits hit a new record high of almost $1.42 trillion in September, despite pressure from the rising cost of living and 12 RBA hikes.

Eden Radford -

31 Oct, 2023 -

5 min read

Bank Accounts

The number of ATMs and bank branches has dropped by more than one in 10 in the last financial year, as banks and customers move their transactions online.

Eden Radford -

19 Oct, 2023 -

8 min read

Bank Accounts

New figures out today from APRA show Australians have deposited an extra $124.14 billion in the bank since COVID hit. At the same time people have been stashing their cash, the interest rates offered on savings have plummeted.

Alex Ritchie -

03 May, 2021 -

4 min read

Bank Accounts

You may be curious as to whether your money is actually safe in a bank, or better kept hiding under your mattress. While there are laws in place designed to protect your cash, legislation passed in 2018 may mean that your deposits are vulnerable

Alex Ritchie -

20 Mar, 2023 -

6 min read

Savings Accounts

A total of five banks now offer at least one ongoing savings rate above 5 per cent, as competition in the savings sector continues to heat up.

Laine Gordon -

01 Jun, 2023 -

5 min read

Savings Accounts

 A total of 12 banks are now offering ongoing savings rates of 5 per cent or more, with two banks leading the charge with rates of 5.50 per cent.

Eden Radford -

30 Jun, 2023 -

4 min read

Savings Accounts

A new research report has evaluated the mobile banking apps of Australia’s top lenders, and revealed which of Australia's leading banks has the best mobile app. But what questions can you ask a bank to work out if its app will suit your needs?

Mark Bristow -

01 Nov, 2023 -

4 min read

Superannuation

The Australian Prudential Regulation Authority (APRA) has released new requirements to help ensure super funds deliver value for money to their members.

Mark Bristow -

13 Dec, 2018 -

1 min read

Superannuation

APRA has assessed the returns generated by superannuation funds over the past seven years, as well as their fees, and listed those that do not meet its objective benchmark. APRA has revealed that 13 super funds of 76 tested have failed its assessment.

Alex Ritchie -

01 Sep, 2021 -

4 min read

Superannuation

The second annual superannuation performance test from the Australian Prudential Regulation Authority (APRA) has seen outcomes generally improve for MySuper superannuation members, though there are still some repeat offenders in the mix.

Mark Bristow -

31 Aug, 2022 -

5 min read

Credit Cards

Australians are understood to be spending more confidently on their credit cards, though not yet at the same rate as before the pandemic, according to recent statistics from the Australian Prudential Regulation Authority (APRA).

Mark Bristow -

30 Apr, 2021 -

2 min read

Term Deposits

RateCity has crunched the numbers on the current highest term deposit rates on its database for 12 month, 3-year and 5-year fixed terms, to see how much you could save with these interest rates. 

Alex Ritchie -

04 Jul, 2023 -

3 min read

Personal Loans

A recent roundtable hosted by the Reserve Bank of Australia (RBA) looked at issues facing Australia��_s small businesses, including challenges such as comparing and switching business financing products across different lenders.

Mark Bristow -

21 Apr, 2018 -

2 min read