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

Home Loans

People who bought in the last couple of years and borrowed at capacity are set to plunge further into mortgage stress when the eleventh RBA hike hits their bank accounts.

Laine Gordon -

15 May, 2023 -

6 min read

Home Loans

Rapidly rising interest rates could see the average family’s maximum borrowing capacity shrink by $247,700, compared to April last year, once the latest RBA hike takes effect.

Laine Gordon -

09 Jun, 2023 -

3 min read

Superannuation

Employees don’t need to do anything with regards to the increase in super contributions. Your employer has the responsibility of making the necessary adjustments. However, it's sensible to regularly review your super payments.

Peter Terlato -

30 Jun, 2023 -

5 min read

Superannuation

Some of the money lost from dipping into superannuation early as a response to COVID-19 will be offset by higher pension payments, research by a non-partisan think tank suggests.

Tony Ibrahim -

11 Aug, 2020 -

4 min read

Superannuation

The compulsory level of superannuation may not be enough for when you retire, at least according to new research by Roy Morgan.

Mark Bristow -

20 Nov, 2018 -

3 min read

Bank Accounts

The latest Wage Price Index figures from the ABS shows a low increase of 0.6% for the seasonally adjusted index, with high levels of unemployment to blame.

Alex Ritchie -

15 Aug, 2018 -

2 min read

Bank Accounts

The minimum wage in Australia is getting an increase as of the new financial year, with our lowest-paid workers soon to be given a $40-a-week pay rise.

Alex Ritchie -

16 Jun, 2022 -

5 min read

Bank Accounts

The Australian Taxation Office has used new analytics and data-matching technology to increase the speed and accuracy of its tax assessment process.

Nick Bendel -

09 Sep, 2018 -

2 min read

Savings Accounts

Wage growth is up - but at an historically low rate - across both the public and private sector, according to the latest information from the Australian Bureau of Statistics (ABS).

Alex Ritchie -

17 Aug, 2017 -

2 min read

Savings Accounts

Unemployment levels are lower than they were a year ago, but these rates are slowing and wage growth could go with it.

Alex Ritchie -

08 Dec, 2017 -

5 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

Credit Cards

In an era characterised by rising prices and stagnant wages, an increasing number of Australians are turning to credit cards as a financial solution. In fact, as of April 2023, our nation has racked up a credit card debt of $17.76 billion. Debt accruing interest is up $27 million from March, and 2.5 per cent higher than April 2022 - proving that a lot more Australians are relying on credit in today’s cost-of-living crisis. 

Paul Marshall -

23 Jun, 2023 -

10 min read

Credit Cards

Aussies may be more aware of car loans and credit cards, as the CBA reveals our spending habits are changing, with less transport yet more travel.

Mark Bristow -

26 Jan, 2019 -

2 min read

Credit Cards

As the year draws towards a close, and the Christmas period approaches, Australians are feeling confident about the current and future economic conditions.

Mark Bristow -

20 Dec, 2017 -

2 min read

Investment Funds

The coming year is likely to be favourable for investors, but more volatile than 2017, according to AMP Capital chief economist Shane Oliver.

Nick Bendel -

31 Dec, 2017 -

2 min read