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

Australia’s banking industry is stepping up its war on scams and fraud, launching a new Scam-Safe Accord intended to put scammers out of business in Australia. 

Mark Bristow -

24 Nov, 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

Home Loans

Whether you’re buying a property or refinancing a mortgage, if you want to get a better interest rate, you may need to actively go hunting rather than waiting for a deal to fall into your lap. Comparing some of the top-rated home loans on RateCity’s database can help make your search a little simpler, as you can see which loans are offering more value and may better suit your needs.

Mark Bristow -

19 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

While interest rates are important, Australia’s borrowers, first home buyers, investors and refinancers may also want to compare more than just rates when looking at home loans. When comparing home loan features and benefits, it’s important to consider which of these extras may offer you the most value in your financial situation, and help you to achieve your personal goals.

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

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

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

Credit Cards

Having credit card debt may not be out of the ordinary, but if you’re struggling to pay that debt off, it’s worth taking a moment to figure out a game plan, and fast.

Eden Radford -

11 Apr, 2024 -

3 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

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

With Valentine’s Day just around the corner, it’s the time of year when a lot of money gets spent on everything from grand romantic gestures to elaborate weddings. While a personal loan could offer the financial support you need to splurge on your loved ones when the cost of living is high, it’s important to consider your budget and your credit score, and to carefully compare personal loan options before you apply.

Mark Bristow -

08 Feb, 2024 -

3 min read

Personal Loans

Looking to ditch one of the most expensive fees associated with taking out a car loan or a personal loan? OurMoneyMarket is giving eligible customers a helping hand this end of financial year with a waived application fee offer. 

Alex Ritchie -

20 Jun, 2023 -

3 min read

Car Loans

In every month of 2024 so far, Australians have broken a record for the number of vehicle purchases. A general swing towards electric vehicles (EVs) and other greener vehicles has also been recorded, with fuel-efficient technologies becoming more and more popular.

Mark Bristow -

09 Apr, 2024 -

3 min read

Car Loans

Records were made to be broken, at least when it comes to Australians buying cars. As car purchasing accelerates, it’s important for buyers to carefully consider their finance options before committing.

Mark Bristow -

13 Mar, 2024 -

3 min read

Car Loans

The volume of new car sales in December has broken previous records. If you’re considering purchasing a vehicle, you’ll want to know the most competitive car loan options available.

Alex Ritchie -

05 Dec, 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

Having bad credit may make applying for loans and credit cards feel impossible. But it is possible to recover from a bad credit score, though the length of time it will take may vary. Checking your credit report is often a good start, as is demonstrating your financial responsibility.

Mark Bristow -

28 Feb, 2024 -

4 min read

Credit Score

With increased awareness of the threat of cyberattacks, it’s easy to feel concerned about the safety of your personal information. Criminals with access to your details could steal your identity, fraudulently run up debts in your name, and ruin your credit score, making accessing money and credit in the future much harder.

Mark Bristow -

21 Oct, 2023 -

5 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

Term Deposits

You may want to compare several term deposit accounts to discover those offering the most attractive rates and features that fit your savings goals.

Peter Terlato -

07 Jul, 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

Home Insurance

New research has revealed the locations in New South Wales, Victoria and Queensland that were hit hardest by wild weather over the past financial year. With Australia coming into an El Nino summer, it’s important to make sure your home insurance is prepared, especially if you’re living in one of these areas.

Mark Bristow -

16 Nov, 2023 -

4 min read

Home Insurance

In the face of Australia's unpredictable bushfire season, taking proactive measures for your home may better protect your family, property, and future.

Alex Ritchie -

30 Aug, 2023 -

4 min read