News Archive for April 2018

It’s been a busy few days for Origin Energy after it officially launched its new ‘Good Energy’ brand earlier in the week, then followed up by dropping a fresh, low rate energy plan for Victorian customers.

The possibility of a change in the 1.50% official cash rate remains highly unlikely ahead of Tuesday’s May Reserve Bank board meeting, with the consensus pointing towards a fourth hold for 2018.

The Australian Prudential Regulation Authority (APRA) has today announced a move to abolish temporary restrictions made on investor loan growth among Australian lenders from July 1.

It’s no secret that a rock solid credit score is one of the keys to scoring a great personal loan when you need it - but did you know that keeping your credit history squeaky clean can make a huge difference to how much interest you pay on your loan as well?

One thing you might not know about some of Mozo staff is that we’ve got a few football fanatics roaming around, counting down to this year’s World Cup.

Despite the RBA not making a move on rates since August 2016, Mozo research has revealed that nearly half of Aussie borrowers have been stung by an out-of-cycle rate rise on their home loan.

Despite the fact that the Reserve Bank has left the official cash rate on hold at 1.50% for the last 19 months straight, Aussie borrowers are being whalloped with rate rises on their home loans.

Rewards lovers rejoice - Westpac and American Express have brought back AMEX companion credit cards for new cardholders.

Online lender ME has announced it is increasing home loan interest rates across its variable mortgage range effective today, citing increased funding costs as the reason - and it’s not the first to do so.

Australians might be cruising more than ever, but we have to overcome some pretty big fears before we board our cruise ships and according to online travel insurance provider, InsureandGo, there’s only one way to do that.

Savvy online shoppers can add a life insurance policy to their Kogan shopping lists after the popular online retailer extended its reach into the insurance space yesterday.

Aussies are sick of forking out for high household energy bills and they want the government to step in to help reduce them, the latest results from the YouGov Galaxy survey released yesterday show.

So you’ve grown tired of your current home, do you renovate or relocate?

Whether you’re heading down to the beach for an early morning swim or off on your Saturday morning bike ride, finding the space for a wallet or cash has been a constant bane for active Aussies - especially when many are keen to refuel with brekkie or a coffee.

From biting fingernails to indulging in just a little too much end-of-the-week chocolate, we’ve all got some bad habits - but there are some that can be a serious drain on your budget.

If you’ve always thought that owning an AMEX credit card may be just out of reach, think again.

Have you heard the news? Eco-friendly energy retailers Powershop and Diamond Energy have each picked up a super impressive five star rating in Greenpeace’s 2018 Green Energy Guide.

Credit card interest can be a real killer for everyday Aussies, especially when you’re trying to double down on debt, but did you know there are credit cards on the market right now that won’t have you paying a cent in interest for more than two years?

Over the past few years conventional wisdom has said that you shouldn’t be paying more than 4.00% on your home loan, but research hot from the Mozo database has revealed it’s time for a shift in thinking.

Have you ever been down at the bar enjoying a few post-work drinks but at the same time desperately trying to do the math on whether the next round is going to be the one that breaks your budget? Erm yeah, me neither.

While P plate drivers make up only 8% of drivers on NSW roads, they’re involved in 15% of fatalities and according to the Come Home Safe report released recently by NRMA, young drivers are most at risk in the six months after getting their P plates.

The Reserve Bank board has once again kept the the official cash rate on hold at a record low 1.50% following today’s meeting in Sydney.

April has arrived, and now that you’ve gotten over the Easter sugar rush and survived April Fool’s Day, it’s time to get back to reality - which for home buying hopefuls might mean the search for a red hot home loan deal.