Savings Accounts

How big a difference does your savings account interest rate really make? You may be surprised by the effect that a high-rate savings account could have on your wealth, depending on your saving strategy. Just make sure that the account you choose is one that suits your needs and can help you reach your goals.

Mark Bristow -

15 Mar, 2024 -

3 min read

Savings Accounts

How long will you be able to make the most of the interest on your savings account? With economists forecasting interest rate cuts later in the year, the days of making maximum interest returns on your wealth may be numbered. There are a few different savings strategies you could consider, which could better suit some household budgets than others.

Mark Bristow -

10 Apr, 2024 -

3 min read

Savings Accounts

New data has revealed some of the spending and saving strategies that Australians are using to help manage cost of living pressures. But how could the way you manage these savings affect your household budget and financial goals?

Mark Bristow -

12 Apr, 2024 -

3 min read

Term Deposits

Could a term deposit help to safeguard part of your wealth from uncertainty? Selecting the best solutions to protect your assets and grow your investments isn’t always easy, but there are a range of options to consider.

Mark Bristow -

15 Mar, 2024 -

4 min read

Term Deposits

When working out where to invest or deposit your money, should a term deposit get a look-in? While term deposit returns may not be the highest of all investment options, their relative reliability and security could make them worth considering.

Mark Bristow -

12 Apr, 2024 -

3 min read

Term Deposits

Has your term deposit been effectively losing you money in the past? With Australia’s inflation falling faster than expected, it may be getting easier to find term deposits that can keep your money from going backwards. But it’s important to compare the available options and choose a term deposit that will suit your needs and help you reach your savings goals.

Mark Bristow -

12 Feb, 2024 -

3 min read

Home Loans

Australians love a good life hack and offset accounts are no exception, but as with all good hacks, it’s worth double checking the details to make sure there's no catch.

Eden Radford -

06 Mar, 2024 -

4 min read

Home Loans

Bendigo Bank has just announced their digital home loan, BEN Express, now offers pre-approvals. The feature, which was delivered in partnership with Tiimely, could see some house hunters receive pre-approval within minutes.

Eden Radford -

25 Mar, 2024 -

3 min read

Home Loans

According to many economists, the Reserve Bank of Australia (RBA) is unlikely to change the national cash rate at its upcoming meeting on 18 and 19 March 2024. The real question is whether recent economic updates could affect when the RBA is likely to announce its first rate cut.

Mark Bristow -

12 Mar, 2024 -

5 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

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

Australians lost over $55 million to scams in the first two months of 2024 alone, according to data from ACCC ScamWatch, with investment scams accounting for the overwhelming majority of the money lost by victims.

Eden Radford -

13 Apr, 2024 -

5 min read

Superannuation

Gender pay gaps for nearly 5000 Australian private sector employers have been published for the first time. Whatever their industry or employer, Australian women may be able to take steps to manage the effect of the gender pay gap on their personal finances, from their savings to their superannuation.

Mark Bristow -

27 Feb, 2024 -

4 min read

Superannuation

More and more Australians are approaching retirement age, when it’s time to start accessing their superannuation savings. But many of these older Australians could be paying too much tax on their super investment earnings, which could be fixed by making one change.

Mark Bristow -

24 Aug, 2023 -

3 min read

Home Insurance

Bushfire season is a regular occurrence in Australia, to the point where many of us can start feeling overconfident that we already know everything there is to know about the danger bushfires pose and how to keep our homes and loved ones safe. 

Mark Bristow -

04 Sep, 2023 -

4 min read

Personal Loans

Revolut has brought its competitive personal loan offerings across the world to the Australian market. It’s a timely reminder that comparing lenders outside of the big four banks could save you significantly in interest repayments. 

Alex Ritchie -

12 Dec, 2023 -

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