News Archive

ASIC’s Moneysmart recently convened a roundtable to work out why younger generations are feeling in the dark about their superannuation. Hint: funds just aren’t speaking the same language. And their comms skills? Mid at best.

In this week’s Mozo Money Moves, our team digs into the latest data that shows average home loan sizes have once again reached record-highs, we look at a number of home loan rate cuts from lenders big and small, and analyse how Aussies’ obsession with houses over units is costing them more than they realise.

CommBank reduced interest rates for borrowers on its Extra Home Loan and CommBank Wealth Package recently, positioning these loans more favourably against the averages in the Mozo database.

Even the best of us can make banking blunders from time to time. Whether you’re just starting your financial journey or you’ve been around the block a few times, steering clear of these common mistakes can help you keep more of your hard-earned cash where it belongs – in your account.

Australians are obsessed with houses, despite units being up to 32% cheaper and offering potential interest savings of up to $274,405 on their home loans.

I’ll admit it, I’m a big spender. I regularly splash out on the latest kicks (especially during sale season), eating out, weekends away and buying my kids toys they definitely don’t need. But all this spending has got me thinking, surely I’m not the only person in Australia with a spending problem?

The number of people looking for a helping hand when buying a property has increased in 2024, despite more buyers going solo.

“Hey Siri, play ‘September’ by Earth, Wind and Fire!”