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...
Palaszczuk Government doubles grant for first home buyers in Queensland
The Palaszczuk government will now contribute $30,000 to eligible first home buyers for the purchase or construction of new properties valued at less than $7...
Home loan rate wrap, 13-17 November
In the second week following the November monetary policy decision, the onslaught of lenders upping mortgage rates has continued.
Which banks increased term deposit rates this week, 17 November?
Term deposit enthusiasts have had a great week, with many banks hoisting the interest rates on offer in the wake of the Reserve Bank of Australia's (RBA) Nov...
'Not much to read' from latest unemployment figures, but tide could be turning
There was a monster 55,000 extra finding themselves with a job in October, yet the unemployment rate trickled up to 3.7%, so what does this mean?
Wages growth hits coveted 4% mark: Will this have the RBA spooked?
The annualised wages growth figure hit 4%, three months ahead of RBA forecasts and the highest since March 2009.
The nation's capital extends stamp duty exemption threshold by $100k
People buying off-the-plan apartments or townhouses in Canberra valued at less than $800,000 will not have to pay stamp duty after the changes take effect.
ANZ Plus launches home loans
Beyond the $7.4 billion net profit headline, ANZ in its full year results quietly shed more light on its new ANZ Plus mortgage product.
Will the RBA risk missing inflation targets or fire off more rate hikes?
In the RBA's first statement of monetary policy (SOMP) delivered under the tutelage of governor Michele Bullock, subtle changes of phrase suggest that its in...
Which banks increased term deposit rates this week, 10 November?
Good news for depositors, bad news for borrowers: The Reserve Bank of Australia (RBA) hiked the nation’s cash...
Which lenders moved home loan rates immediately after the RBA decision?
After Tuesday's RBA decision, BOQ, AMP and loans.com.au are among the lenders who have already upped home loan rates.
How did the major banks treat savers after the RBA cash rate increase?
It took a couple of days for all the major banks to file through with announcements, with CBA the laggard, but now there are some more enticing savings accou...
