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 latest figures from the Australian Bureau of Statistics (ABS) show that Australia’s annual inflation rate is continuing to decline. But will it be enough for a long-awaited interest rate cut to arrive before the year’s end?

Mark Bristow -

24 Apr, 2024 -

3 min read

Home Loans

The latest figures from the Australian Bureau of Statistics (ABS) show that Australia has experienced its lowest rate of inflation growth in two years. So, what does this mean for Australia’s interest rates in 2024, and for Australian home loans in turn?

Mark Bristow -

31 Jan, 2024 -

3 min read

Bank Accounts

Do you know that lipstick sales are considered a way to know if we’re in a recession? It’s called the lipstick effect, or the lipstick index, and it’s regarded by some as a helpful way to understand how consumers are responding to an economic downturn.

Eden Radford -

25 Mar, 2024 -

4 min read

Bank Accounts

The Australian Bureau of Statistics (ABS) have released their festive-themed statistics from the 2016 Census, painting a picture of what Christmas is truly like for Aussies.

Alex Ritchie -

22 Dec, 2017 -

1 min read

Bank Accounts

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

Mark Bristow -

17 Nov, 2017 -

2 min read

Credit Cards

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 -

09 Apr, 2024 -

4 min read

Credit Cards

Household credit card debt rose by more than a quarter of a billion dollars in the month of January as shoppers struggled to clear their debts following a bumper spendathon in November.

Eden Radford -

07 Mar, 2024 -

4 min read

Credit Cards

Australia’s total credit card bill attracting interest charges crept up in the month of December, hitting a total of $17.31 billion, an increase of almost $21 million.

Eden Radford -

07 Feb, 2024 -

4 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

Personal Loans

New lending indicators from the Australian Bureau of Statistics (ABS) found that in October 2023, the number of new fixed term personal loans rose by 2.1% compared to the month before, to $2.5 billion.

Mark Bristow -

05 Dec, 2023 -

2 min read

Savings Accounts

Australia’s inflation may be falling faster than previously predicted, which could make it easier for savers to grow their wealth. However, it’s important to consider more than just interest rates when comparing savings account options.

Mark Bristow -

07 Feb, 2024 -

3 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 ‘detailed’ survey by the government’s statistical agency reveals how the one-in-three Australians receiving a stimulus payment during COVID-19 is spending the money.

Tony Ibrahim -

10 Aug, 2020 -

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

Term Deposits

It’s not yet certain if Australia’s cash rate has already reached its peak, or if one more rate rise may be required before the end of the year to help push inflation back down into the RBA’s target band. But if inflation does slow down, you may find that the right term deposit can make a much bigger impact on your savings goals.

Mark Bristow -

06 Oct, 2023 -

2 min read

Home Insurance

It may surprise no-one to learn that Australia’s cost of living has increased over the past quarter. However, it was higher insurance premiums across house, home contents and motor vehicles that contributed to some of the largest price rises. Which could mean now is as good a time as ever, to be looking carefully at your current policies and comparing some alternatives to see if you could be getting better deals.

Mark Bristow -

08 Feb, 2024 -

3 min read

Car Loans

Our love affair with cars has deepened over the past five years, according to new data from the Australian Bureau of Statistics.

Nick Bendel -

28 Jul, 2017 -

2 min read

Car Loans

Car sales fell during July, although sales volumes moderately increased over the year, according to new data from the Australian Bureau of Statistics.

Nick Bendel -

16 Aug, 2017 -

1 min read

Car Loans

Aussies are buying more new cars, with four wheel drives and similar vehicles leading the pack, according to new figures from the Australian Bureau of Statistics (ABS).

Mark Bristow -

17 May, 2017 -

1 min read

Investment Funds

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

Nick Bendel -

08 Sep, 2017 -

1 min read

Superannuation

The nation��_s pool of retirements savings continues to grow, with total superannuation assets increasing 11.2 per cent in the 12 months to March.

Nick Bendel -

24 May, 2017 -

2 min read

Car Insurance

How much you may be charged for car insurance is influenced by a range of factors, with your age and gender being key deciders for insurance providers. 

Alex Ritchie -

31 Oct, 2023 -

4 min read

Car Insurance

Car insurance is usually more expensive for young drivers, as insurers consider them to be more at risk of being in an accident. But there are ways you can try to lower the cost.

Mark Bristow -

15 Aug, 2023 -

4 min read

Car Insurance

Australians are showing signs of returning to the new car market with sales of new motor vehicles posting a modest gain in June, says the Australian Bureau of Statistics.

Laine Gordon -

02 Aug, 2011 -

3 min read

Home Loans

For the most comprehensive list of competitive mortgage rates available on the market see our home loans table. Or to compare some of the cheapest products and features in Australia use our mortgage comparison tools.

RateCity -

19 Mar, 2009 -

1 min read

Home Loans

According to the Australian Bureau of Statistics (ABS), the average home loan amount in Australia for owner-occupier dwellings as of May 2023 is about $584,836, which may seem like a lot. But you must remember that the state and capital city you reside in is an important factor that determines the property values, which in turn influences the average Australian home loan.

Mark Bristow -

17 Jul, 2023 -

2 min read

Home Loans

Fewer first home buyers are locking into a mortgage, according to the latest data from the Australian Bureau of Statistics (ABS).

Laine Gordon -

25 Jun, 2012 -

3 min read

Credit Cards

Card fraud is on the rise with the nation experiencing $2.1 billion worth of fraud during the 2014-15 period according to the Australian Bureau of Statistics.

Personal Loans

When you apply for a personal loan or any other form of credit, it’s important to make a decision that will work for your household’s financial situation and your personal goals. It can also be worth looking at some statistics to see how your credit plans fit in with the wider Australian economy, so you can be more confident about the decisions you are making.

Mark Bristow -

24 Nov, 2022 -

4 min read

Savings Accounts

Savings can provide a safety net for individuals and households during periods of financial difficulty or stress. But how much does the average Australian actually have stashed away in their savings account?

Peter Terlato -

15 Nov, 2023 -

3 min read