Savings Accounts

Money in the bank from households hit another record high in March, with new figures from APRA revealing Australians stashed more than $8.2 billion in the bank in just one month.

Eden Radford -

30 Apr, 2024 -

4 min read

Savings Accounts

While Australians traditionally go all-out splurging on gifts for Mum each Mother’s Day, this year we’ve had to tighten our belts, according to data from one of Australia’s Buy Now Pay Later (BNPL) providers.

Mark Bristow -

16 May, 2023 -

3 min read

Savings Accounts

Young people have had to settle for jobs of lesser quality following the GFC, a government report claims, offering some insight into a job market upended by COVID-19.

Tony Ibrahim -

29 Jul, 2020 -

3 min read

Credit Cards

Navigating a tough financial situation can be tricky - so to help provide some guidance, RateCity spoke to Joanne Edwards, Chief Operating Officer of Wisr, a neo-lender and fintech that is focused on improving the financial wellness of all Australians and helping them make smart decisions.

Eden Radford -

24 Apr, 2024 -

6 min read

Credit Cards

Whether you’re a young Australian looking for your best option to gain access to credit, or a long-time credit card user wondering what the fuss is about BNPL services, let’s explore the benefits and risks of both options.

Vidhu Bajaj -

03 Jul, 2023 -

6 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

Home Loans

Brokers can be a fantastic resource. Brokers can provide tailored advice on your home loan options, based on your personal circumstances and your priorities which can vary from customer to customer.

Sally Tindall -

11 May, 2023 -

3 min read

Home Loans

NSW government may help pay 30-40% of the value of properties for frontline workers, single parents, and older single Australians in a new shared equity trial scheme. Let's explore the pros and cons of this scheme.

Alex Ritchie -

20 Jun, 2022 -

6 min read

Home Loans

Mark Bristow -

30 Jul, 2019 -

3 min read

Home Insurance

A report released by the Climate Council has revealed that nationwide, approximately 520,940 properties – or one in every 25 – will be effectively uninsurable by 2030.

Georgia Brown -

28 Nov, 2023 -

3 min read

Home Insurance

The Australian Competition and Consumer Commission’s (ACCC’s) report into insurance in northern Australia has revealed that unaffordable home and contents insurance is affecting the prosperity of communities across the region, though there are actions that could help address this.

Mark Bristow -

07 Jan, 2021 -

3 min read

Investment Funds

Criminal cartel charges are expected to be laid against ANZ, even though the bank said it ��_acted in accordance with the law��_. The Australian Competition & Consumer Commission (ACCC) announced today that ��_criminal cartel charges are expected to be laid by the Commonwealth Director of Public Prosecutions (CDPP) against ANZ, ANZ group treasurer Rick Moscati, two other companies and a number of other individuals��_.

Nick Bendel -

01 Jun, 2018 -

2 min read

Investment Funds

Criminal cartel charges have been laid against ANZ, Citigroup and Deutsche Bank following an investigation by the Australian Competition & Consumer Commission (ACCC). The charges come after alleged cartel arrangement relating to ANZ shares that were traded by Citigroup and Deutsche Bank following an ANZ institutional share placement in August 2015.

Nick Bendel -

06 Jun, 2018 -

2 min read

Investment Funds

Kelly O��_Dwyer has outlined five steps the federal government is taking to make financial planning a more honest and competent profession.

Nick Bendel -

16 Oct, 2017 -

2 min read

bnpl

Not all Buy Now Pay Later (BNPL) companies run a credit check when you sign up for memberships, and these checks may not always affect your credit score. However, your BNPL activity could still make an impact on your credit history, which could affect your chances of seeing future credit applications approved. 

Vidhu Bajaj -

14 Jun, 2023 -

4 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

If you’re saving for a home loan deposit, a term deposit could be a smart place to park your spare cash.

Nick Bendel -

16 Nov, 2019 -

3 min read

Bank Accounts

The term ‘financial literacy’ describes the combination of awareness, knowledge, skill, attitude and behaviour necessary to make sound financial decisions and ultimately achieve financial wellbeing. A key to being financially stable, building assets and achieving personal goals, financial literacy is something everybody should have and want.

Paul Marshall -

18 May, 2023 -

7 min read

Bank Accounts

The Reserve Bank has no plans to issue a digital form of the Australian dollar, although it recognises that it might one day happen.

Nick Bendel -

13 Dec, 2017 -

2 min read

Bank Accounts

Australians are starting the new year with a spring in their step according to the latest ANZ-Roy Morgan Australian consumer confidence survey. The headline index climbing by 4.7 per cent since from mid-December to 122, the highest since November 2013.

Income Protection Insurance

Australians have seen their incomes rise over the years. Have these gains been evenly distributed, though?

Car Loans

It’s no secret that used cars are a hot commodity in the car loan market right now, which is good news for sellers but less-than ideal for buyers. Before you hop in the drivers’ seat, it may be worth exploring the pros and cons of the affordability of both used and new cars.

Alex Ritchie -

27 Apr, 2021 -

4 min read

Car Loans

Thousands of EV charges are set to be installed across regional NSW thanks to a new state government grant program. Discover how to overcome two barriers to purchasing an EV: range anxiety and cost.

Alex Ritchie -

09 May, 2022 -

3 min read

Car Loans

It’s now been one year since I ditched my car, and it turns out that I’m happier, healthier and wealthier.

Nick Bendel -

26 Mar, 2019 -

4 min read

Superannuation

Today two government initiatives kick off, designed to provide Australians with a more secure future, but not everyone is guaranteed to be a winner.

Laine Gordon -

01 Jul, 2021 -

6 min read

Superannuation

The Australian Taxation Office is cracking down on workers who have made fraudulent applications to dip into their superannuation.

Alison Cheung -

27 Jun, 2020 -

3 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

Personal Loans

A financial services director has been banned from engaging in credit activities after being found guilty of running an unlicensed payday lending business.

Nick Bendel -

09 Oct, 2017 -

2 min read

Personal Loans

Despite the current borrowing downturn, there are still plenty of competitive personal loans available to support your financial needs, such as in business. Deciding between a business loan and a personal loan requires careful consideration.

Peter Terlato -

17 Jan, 2023 -

3 min read

Life Insurance

Life is full of surprises and they aren��_t all guaranteed to be good. That��_s where income protection insurance can help. Income protection insurance can pay up to 75 per cent of your salary while you are unable to work, to help you meet essential repayments and keep your family budget afloat.