Lenders drop fixed home loan rates
Major mortgage lenders Macquarie Bank, AMP, and Bank of Queensland (BOQ) slashed the fixed interest rates they offer in anticipation of a lower interest rate...
Albanese administration amends stage 3 tax cuts package
An Australian resident earning $45,000 a year will realise an additional $804 in tax savings after Prime Minister A...
The term deposit downhill slide continues
This week, customer-owned banks such as Bank Australia and Move varied term deposit rates, while other leaders such as Judo and Macquarie Bank continued wiel...
How much does an owner spend on their pets?
They say you can’t put a price tag on love, but for millennial Aussies, the amount for loving a pet sets them back nearly $400 a month.
Why the negligible difference in interest rates between deposit sizes?
Over the past few months, the interest rate margins have narrowed on those borrowing more than 80% of their property's value and less than 80%, with fewer in...
Australia’s property prices rebound to record levels
The property price slump in 2022 has been fully reversed after combined house and unit prices bounced back to peak levels, according to a new report.
How government tax breaks could make housing less affordable for Aussies
Instead of making homes affordable for Aussies, the government’s tax concessions could cost the budget a quarter of a trillion and consequently make ho...
ME Bank fined $820,000 by ASIC over home loan issues
Corporate regulator ASIC has ordered ME Bank pay a fine of $820,000 after it misled customers on home loan notices and failed to provide notice on interest r...
Banks slash term deposit rates as market anticipates RBA hold
With major bank economists predicting a rates hold come RBA’s February meeting, the peak in term deposit rates may now be past us.
Mixed messaging on RBA rate front clouds mortgage movements
As all four major bank economics teams have pencilled in a hold at February's RBA cash rate meeting, this week was a relatively quiet one on the home loan ra...
Construction costs accelerate amid slow home building and approvals
Prices of materials for building new dwellings inched up in the three months to December, a reversal of the easing ...
Has Australia tamed the inflation dragon?
Australia may be in a period of disinflation - a slowing pace of inflation - but rising shipping costs and persistently strong employment figures, could caus...
Soaring rents in Brisbane trigger a competitive property market
The escalating cost of renting in Brisbane is driving many renters to buy their first homes sooner than they are ready, a local buyers agent revealed.
Fewer Aussies look for work amid high level of job vacancies
Filling job vacancies continues to prove difficult as fewer Aussies look for part-time or full-time work.
How much does it cost to send a child to school in Australia?
Parents are stretching their household budgets further to send their children to school in 2024, with education costs increasing throughout Australia.
Aussie Dollar stronger against the Japanese Yen and other currencies - time for a holiday?
Talk of other central banks loosening monetary policy, and geopolitical issues, mean the Australian Dollar (AUD) has appreciated in value compared to a year ...
Aussies turn to credit and loans to handle financial pressures in 2023
The last year has been financially challenging for many Australians, pushing many to take matters into their own ha...
Three banks increase home loan rates to ring-in new year
Mortgage lenders Auswide Bank, Regional Australia Bank, and Bank China kicked off the year with home loan rate hike...
Banks kick off 2024 with term deposit rate hikes and cuts
The new year for term deposit holders is off to a busy start, with some of the market’s biggest players makin...
Home lending volumes rise - for those that can afford it
The value of new owner occupier home loans rose 0.1% in November while the number rose 1%, according to ABS data.
Rental supply remains tight despite cities bouncing back from record lows
Fewer rental listings posed a huge challenge for tenants in 2023. But despite the low vacancy rates in the 12-month...
Inflation slides further down to 4.3% in November, is the cost-of-living crisis over?
The nation’s inflation rate slowed further than the industry forecast in November, showing signs of easing pr...
Building approvals up in November, beating forecasts but levels still low
Approvals for new residential buildings rose by a seasonally adjusted 1.6% in November, surprising industry experts...
Retail sales soar 2%: Will Black Friday bother the RBA next month?
Australians flocked in Black Friday sales, bolstering retail turnover 2% to $36.5 billion in November 2023, the latest ABS data shows.
