JB Hi-Fi in hot water over 'junk' extended warranties
A class action from Maurice Blackburn lawyers alleges JB Hi-Fi has been selling customers warranties that offer no rights that aren't already guaranteed by A...
Term deposit alert: Judo Bank slashes rates, Bank Australia hikes
In what could be a devastating blow for term deposit enthusiasts, the market-leading rate revealed just last week has been cut.
Which banks and lenders increased home loan rates this week?
It was a mostly quiet week for home loan rate movements after the RBA decided to keep the cash rate at 4.35%, but Macquarie and ANZ were among several banks ...
How to minimise energy bills in an El Niño summer
As Australia braces for what BOM says could be a summer of 'severe' heat, it's more important than ever for households to be cost-conscious when cooling the ...
Telstra refunds $21m after wrongly charging thousands of customers
The communications watchdog has ‘lost patience’ with Australia’s largest telco after it was once ...
Sluggish GDP, per capita recession, confirm what we all know
Gross domestic product figures released by the ABS show that beyond meagre growth, productivity is still in a slump, which will give the RBA a headache.
RBA holds at 4.35% in lead-up to Christmas but is this the right move?
While the hold will be welcome news for the mortgage belt, the RBA risks fondling the inflation snake for too long.
Household spending drops with Aussies still expecting high inflation
Australians remain pessimistic about the outlook for inflation even as spending growth continues to moderate, which might be exactly what Michele Bullock and...
What's the likelihood of the RBA increasing the cash rate in December?
Looking ahead to the RBA's final monetary policy decision of the year, experts say it's unlikely the RBA will deliver a cash rate lump of coal for mortgage h...
Week's winners: Judo Bank, People First, and Suncorp hike term deposit rates
And just like that, challenger bank Judo has regained its status as a term deposit market leader, hiking rates by 1...
Which banks and lenders increased home loan rates this week?
There were a few more increases to home loan rates this week ahead of next Tuesday's RBA decision, but one of Australia's larger banks broke ranks with big c...
RACQ to issue millions in refunds after overcharging 460,000 customers
Queensland insurance giant RACQ has been rapped over the knuckles by the Federal Court after nearly 460,000 custome...
Aussies splash nearly $9b on Black Friday sales
Australia once again embraced the United States' favourite sales event, with consumers engaging in a record spend of more than $8.7 billion despite the natio...
Inflation shows further signs of slowing but fuel, energy making it hard to see a clear picture
The headline inflation figure for the 12 months to October reached 4.9%, evidence of a slight moderation, but fuel and excise windbacks, and energy bill reli...
First home buyers must now save for 8 years to raise a deposit
New research from PEXA reveals buyers looking to get on the property ladder in Sydney need to save for eight years ...
Help to Buy: One small step for shared equity scheme
In what could be a giant leap for 40,000 struggling first home buyers, the Albanese Government will introduce Help to Buy legislation this week.
Retail sales posts sluggish result before Black Friday
Retail sales for October fell 0.2%, with consumer sentiment on the cost of living and RBA rate rises thought to weigh on the index.
Heritage & People's Choice decide on a new name - finally
Heritage Bank and People's Choice Credit Union joined forces in March but only now have decided on a new name - People First Bank.
More than half of units across Australia are cheaper to buy than rent
More than half (55%) of units across Australia are cheaper to buy than rent, according to a new report.
Virgin Money reverses savings account rate cut decision
In late October, Virgin Money announced it would cut some savings account rates by 15 basis points; now off the back of November's RBA cash rate hike it has ...
Melbourne and Sydney housing markets more affordable for wishful buyers
In a surprising shift, Australia’s two largest cities are now more friendly for would-be home buyers sitting on the sidelines in 2023.
Credit Union SA double dips on home loan rate hikes
NAB increased a wide range of fixed-rate home loans by up to 25 basis points, while Credit Union SA increased the rate on a variable home loan by 40 basis po...
New leaders emerge in term deposit space as stronger RBA rhetoric persists
Both Bank of Sydney and Judo increased this week to share the crown with ING for the highest rates in the 12-month term deposit space.
Michele Bullock: Price increases due to excess demand
RBA Governor Michele Bullock says inflation in Australia is now coming from domestic demand rather than supply issues, and suggested this could mean more cas...
