Home Loans

The total value of new home loans approved in the month of August was $30.38 billion – just 1.0 per cent higher than was recorded the previous month.

Laine Gordon -

04 Oct, 2024 -

5 min read

Home Loans

The total value of new home loans approved in the month of July was $30.58 billion – with $1.2 billion more loans settled compared to the previous month, according to ABS Lending Indicator data.

Laine Gordon -

06 Sep, 2024 -

5 min read

Home Loans

The latest APRA monthly authorised deposit-taking institution statistics, released today for the month of October show the total value of housing loans to households, which includes both owner-occupied and investor loans, increased by $9.8 billion in the month, or 0.4 per cent.

Laine Gordon -

29 Nov, 2024 -

3 min read

Savings Accounts

Australians squirrelled away an extra $30.81 billion in the month of July, as deposits from households hit another record high.

Laine Gordon -

30 Aug, 2024 -

4 min read

Savings Accounts

Whether you're striving to expand your wealth or expedite your savings for future endeavours, there are various avenues to make your money work for you. Two common methods are investing in shares or stashing your funds in a savings account or term deposit. However, determining the best approach is not always straightforward.

Paul Marshall -

15 Nov, 2023 -

9 min read

Savings Accounts

Australia’s banking landscape is not facing the same risks of catastrophe or contagion that is plaguing lenders like Silicon Valley Bank, Signature Bank and First Republic Bank in the United States.

Peter Terlato -

20 Mar, 2023 -

4 min read

Personal Loans

New data shows that June 2024 recorded an uptick in personal loans, reversing a fall recorded the month prior. There are a variety of reasons to consider applying for a personal loan, including adding green and sustainable features to your home.

Mark Bristow -

05 Aug, 2024 -

3 min read

Personal Loans

Data shows Australians are increasingly looking to personal loans to secure finance. However, before committing to a personal loan, it’s important to compare the available options and consider your needs to make sure you’re selecting a loan that offers the most value for your needs.

Mark Bristow -

13 Mar, 2024 -

3 min read

Personal Loans

Australians are reportedly moving away from personal loans, in a partial reversal of an earlier uptick in lending activity earlier in the year. While new data shows a decline in personal lending overall, there are still competitive personal loans available for borrowers who know where to look.

Mark Bristow -

09 Apr, 2024 -

3 min read

Superannuation

There are a number of fees you should consider when selecting a super fund to grow your retirement savings. These include administration fees, investment fees, switching fees, fees for financial advice, transaction fees and insurance premiums. The amount you pay in fees can significantly impact your final balance.

Peter Terlato -

08 Sep, 2022 -

5 min read

Superannuation

There is $16 billion in lost and unclaimed superannuation savings, which paints a shocking picture of how a common mistake can eat away at your retirement balance.

Alex Ritchie -

27 Feb, 2023 -

4 min read

Term Deposits

Australians are reportedly saving record amounts of money, according to recently released statistics. If you want to put part of your savings into a term deposit, it’s worth comparing your options to help ensure you’re selecting an option that will suit your needs.

Mark Bristow -

13 May, 2024 -

3 min read

Term Deposits

This month’s Reserve Bank of Australia (RBA) board meeting saw the official cash rate rise for the first time in over a decade. But while interest rate rises may mean one thing to mortgage holders, they may be much more appealing to long-term savers.

Georgia Brown -

10 May, 2022 -

3 min read

Term Deposits

The ninth consecutive increase to Australia’s national cash rate was revealed last week, making this the fastest hiking cycle in decades. The Reserve Bank of Australia (RBA) has indicated that more rate hikes may be necessary in 2023 to help bring down Australia’s high inflation. This may mean more pain for mortgage holders, savers could potentially benefit from rising rates.

Mark Bristow -

13 Feb, 2023 -

3 min read

Credit Score

While it’s not that common, it is possible for your credit report to contain mistakes. If you think there’s a mistake on your credit report, there are steps you can take to make sure it is corrected.

Eden Radford -

12 Apr, 2024 -

3 min read

Credit Score

Almost a third of Australians have been hit by a financial scam, RateCity.com.au research shows.

Laine Gordon -

22 Dec, 2022 -

5 min read

Credit Cards

More Australians may be turning to credit cards to help manage their household expenses, according to a new report. With the cost of living putting pressure on many budgets, what can you do to better manage your credit?

Mark Bristow -

02 May, 2024 -

4 min read

Credit Cards

Fraud on payment cards is returning to pre-pandemic levels, with authorities and police warning Australians to be vigilant against scammers over the Christmas and New Year holidays.

Mark Bristow -

22 Dec, 2023 -

3 min read

Credit Cards

There are six-figure points bonuses up for grabs from leading credit card companies for Qantas frequent flyer members this month. These sign-up bonuses may be enough to cover the cost of flights domestically and internationally.

Alex Ritchie -

11 May, 2023 -

5 min read

Cryptocurrency

The much-discussed network upgrade, dubbed The Merge, is expected to take place before the end of the year. Controversy and confusion surround the project so its primary backers have published an explainer.

Peter Terlato -

19 Aug, 2022 -

4 min read