Home Loans

For anyone looking to secure a home loan, the stage 3 tax cuts - and the subsequent increase to your take home pay - could mean your borrowing capacity, gets a bump too.

Eden Radford -

22 Apr, 2024 -

4 min read

Home Loans

In the leadup to the first meeting of the year for the Reserve Bank of Australia (RBA) board, economists from Australia's leading banks are in agreement that interest rates should stay on hold this month. That leaves two questions: how long will it take for inflation to fall into the RBA’s target band, and when will the first interest rate cut arrive?

Mark Bristow -

02 Feb, 2024 -

5 min read

Home Loans

Dr Lowe revealed a number of innovations and modifications to the way in which the RBA Board discusses, sets and communicates monetary policy.

Peter Terlato -

12 Jul, 2023 -

5 min read

Savings Accounts

The federal government has moved one step closer to introducing new accountability rules for senior bankers.

Nick Bendel -

17 Jul, 2017 -

3 min read

Savings Accounts

There’s no bigger night of the year for fireworks than NYE, whether you live in Sydney, Melbourne, Brisbane, Perth, Adelaide, Hobart, Canberra or Darwin.

Bria Horne -

27 Dec, 2018 -

3 min read

Savings Accounts

Two big rule changes will see millions of Australians save $12.5 billion in taxes within the next year, under federal budget announcements designed to get people spending and the country out of a recession.

Tony Ibrahim -

07 Oct, 2020 -

4 min read

Credit Cards

Losing money on gift cards with surprise expiry dates or hidden fees may become a thing of the past, with the government considering reforms.

Mark Bristow -

27 Jul, 2018 -

2 min read

Credit Cards

As Australia's level of credit card debt gets out of control, the federal Treasury has released a green paper to help protect consumers from overspending on credit cards. The green paper refers to Reserve Bank of Australia (RBA) data that shows Australians accumulated a total credit card debt worth $4.8 billion as at September, an increase of $143 million from August.

Laine Gordon -

02 Dec, 2010 -

3 min read

Bank Accounts

Hot on the heels of the federal budget for 2022/23, Australia’s big four banks have responded with their own economic forecasts. 

Mark Bristow -

30 Mar, 2022 -

4 min read

Bank Accounts

Switching banks, phone plans or energy companies may become much simpler and easier in the future, with the help of a new federal government Open Banking initiative that gives consumers the right to access to their banking data.

Mark Bristow -

10 May, 2018 -

3 min read

Bank Accounts

Royal Australian Mint has announced the release of limited edition $2 Mr Squiggle coins to celebrate the 60th anniversary of the iconic man from the moon.

Alex Ritchie -

15 Feb, 2019 -

2 min read

Superannuation

People who successfully apply for early access to their superannuation will ��_receive funds sooner��_, under a change made by the federal government. From 1 July, the Australian Taxation Office (ATO) will oversee the early release of superannuation benefits on compassionate grounds.

Nick Bendel -

13 Jun, 2018 -

2 min read

Superannuation

Australians will have their super accounts “stapled” to them as they move jobs, but concerns have been raised that workers could find themselves trapped in an inferior fund.

Alison Cheung -

07 Oct, 2020 -

4 min read

Superannuation

The new financial year is upon us which will see some significant changes rolled out that are likely to affect your retirement savings.

Georgia Brown -

30 Jun, 2021 -

5 min read

Cryptocurrency

Intense volatility, reluctant real-world adoption and more has pushed consumer advocates to petition the newly-elected federal government to assess and identify ways to regulate cryptocurrency markets.

Peter Terlato -

21 Jul, 2022 -

4 min read

Cryptocurrency

Stakeholder consultations are underway to help establish a regulatory framework for the ever-developing crypto industry. A public consultation paper will be released soon.

Peter Terlato -

23 Aug, 2022 -

3 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

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

Car Loans

The Tesla Model Y is the 10th highest selling vehicle in the country. If you’re in the market for an electric vehicle, it’s worth knowing that many Australian lenders offer lower-rate ‘green’ car loans for just this purchase.

Alex Ritchie -

06 Dec, 2022 -

4 min read

bnpl

RateCity.com.au welcomes the government’s move to regulate the burgeoning buy now, pay later sector, and warns any change must protect people from accessing multiple debts they can’t afford to repay.

Laine Gordon -

21 Nov, 2022 -

8 min read

Bank Accounts

If you’ve ever opened more than one bank account in the past, could you have forgotten about some money that you’ve left behind, which is still waiting to be claimed? And if you think you might have, or if you’re not quite sure, how can you go about finding these outstanding accounts and claiming this unclaimed money?

Mark Bristow -

29 Jun, 2023 -

4 min read

Home Loans

As the world digests Donald Trump's surprise presidential win, attention has turned to the local impact on investment markets, including housing. Many home-owners and prospective home buyers may be wondering whether the property mogul could lift Australian house prices.

Home Loans

The First Home Owners Boost was established by the Federal Government in 2008 to encourage stimulus to the housing market during the global financial crisis and was an addition to the First Home Owners Grant.

Home Loans

The Trump Factor, Will fixed rates protect you from volatility?

Mark Bristow -

20 Mar, 2017 -

5 min read

Superannuation

The Protecting Your Super reforms help ensure that you don’t lose super benefits paying for insurance premiums and fees, especially if your balance is low.

Vidhu Bajaj -

09 Jan, 2023 -

4 min read

Savings Accounts

Every Australian is lumped with a tax on savings they deposit into a bank. Tax must be paid on any interest earned, not the amount deposited.

RateCity -

23 Oct, 2009 -

1 min read

Savings Accounts

Are the terrible saving habits of Generation X hindering their hopes of home ownership? A study has shown that Gen X is unlikely to ever own a home because their baby boomer parents have spent their inheritance.

Laine Gordon -

25 Sep, 2009 -

4 min read

Savings Accounts

Savings accounts may become a much more attractive place to keep money as a result of the Federal Government's current tax review. Tax and inflation are the traditional enemies of any serious saver. That's an excellent reason for making sure you shop around to find the most competitive savings account, with no fees and paying the highest possible interest rate.

Laine Gordon -

14 Oct, 2009 -

3 min read

Investment Funds

You may not have the cash outright to acquire assets such as properties, shares and bonds. Borrowing to invest can provide the opportunity to establish or grow your portfolio and accumulate wealth. Consider your risk appetite before making any investments.

Peter Terlato -

28 Sep, 2022 -

8 min read

Car Loans

Can everyday Aussies raise their "debt ceiling"?

Laine Gordon -

04 Aug, 2011 -

3 min read

bnpl

Given the lack of regulation surrounding BNPL, you may be able to open multiple accounts with different providers. However, this may not be a sensible practice as it might be difficult to keep track of all your debts and you could miss payments, potentially resulting in late fees and charges.

Peter Terlato -

14 Dec, 2022 -

3 min read