News Archive for December 2018

From pavlovas to gingerbread, every Aussie has their Christmas favourite. And according to new research by CommBank, we’re willing to pay top dollar to get it.

There’s no doubt about it - 2018 was a seriously busy year in the Australian banking world.

“We’re a bank!”

The Australian Prudential Regulation Authority (APRA) has today announced a plan to remove its 30% benchmark on interest-only residential mortgage lending from January 1, 2019.

If your credit card limit has managed to survive the pre-Christmas shopping frenzy but you still have your eye on something special before the year comes to a close, the Boxing Day sales might be the perfect time to  grab a bargain!

One of the best and worst things about travelling is that you never know what could happen. There’s the chance to discover your new favourite part of the world and then there’s the chance that an annoying blister winds up costing you $20,000 (seriously).

With just eight days until Christmas the rush is officially on as Aussies around the country sprint to the shops or frantically hit ‘priority delivery’ on their online orders to make sure their presents arrive before December 25.

Many people drive at reasonable speeds, gently break and go around corners with the smoothness of a Michael Bublé Christmas CD for the simple self satisfaction of knowing their carefulness will help them avoid an accident. But for some people, that’s not reward enough.

The clock’s ticking down to Christmas. In fact, there are just ten days to go.

Christmas always seems to creep up on us, and if you haven’t got your budget sorted out ahead of time, it can leave you with little to spend on loved ones. In fact, a recent survey by CommBank found that millennials in particular only started saving for the holidays a month ago!

It looks like CommBank customers will be starting of the new year with a brand new feature, as the major bank has today announced that Apple Pay will be made available to customers from January 1.

With Christmas less than two weeks away, Mozo is urging holiday shoppers to keep their splurges in check and get savvy with their purchases. As the holiday hype takes hold, Mozo Director, Kirsty Lamont expressed that, “with the Christmas jingles flooding the retail landscape, it is the season to be savvy so you don’t blow your budget and end up with the New Year financial blues.”

For many Aussies, Christmas involves a trip home to visit loved ones.

To say that 2018 has been a turbulent year in the Australian property market is an understatement.

20 and 1,728,000.

For many Aussies, there’s a toss up between how much or how little to spend on Christmas presents for friends and family.

Between present shopping, sprucing up the Christmas tree (do baubles seem to disappear from the cupboard over the year, or is that just us?) and a trolley full of prawns for Christmas lunch, from now until December 25th, your credit card is likely to get a workout.

There are three types of people when it comes to Christmas shopping: the shopper who had it all sorted in October, the one who paces themselves and the shopper who’s just realised that Christmas is just under two weeks away.

Just when you thought you’d seen the last of ATM fees, NAB has announced that as of 1 January 2019, it will no longer be part of the rediATM network, meaning customers will start paying fees at these ATMs.

It’s Christmas Day 2018 and the moment has finally arrived for Uncle John to unwrap the gift you got him.

From wearables to personalised interest rates, we’ve seen some pretty awesome changes to banking in 2018.

Australia’s premier consumer watchdog has today released a scathing assessment of the way some of the country’s largest banks ‘stifle’ price competition in the home loan market, to the detriment of their customers.

If there’s one thing every Aussie looks forward to each year, it’s their annual holiday.

Have you used Mozo to save money this year? We’re giving away three $100 Coles/Myer Gift Cards to Mozo users who tell us how we helped them save money in 2018.

Whether it’s buying a car, funding a European adventure or moving out, chances are most Aussies have a savings goal in their sights for 2019.

Whether it’s a taking up a new hobby or putting more cash away for a rainy day, every Aussie has something they want to do in the new year.

Christmas is one of the biggest spending seasons of the year, so it might be the perfect time to have a look at the way you do that spending - is your credit card pulling its weight?

Let’s face it Australia, when we go on holiday, there’s nothing we wouldn’t do to have a good time. But unfortunately, our ‘go big’ mindset can often mean falling into traps, particularly when it comes to foreign exchange.

Everyone has a different approach to Christmas saving and spending. But Mozo research has recently shown that 1 in 4 parents are cutting back on buying presents for their kids this Christmas - a clear sign that Aussies are feeling the pinch.

New figures from the Clean Energy Council have revealed that the number of Aussie households using solar power has hit a record-breaking two million, with numbers only expected to climb in the following months.

If one of your new year's resolutions is to finally get started on that new kitchen or walk-in wardrobe, then you’ve probably already started doing the research on things like colour swatches, wood grains and how you're going to pay for it all.

When you’re a kid, there’s no better feeling than waking up at the crack of dawn and running to a stack of Christmas presents with your name on them.

With Christmas fast approaching, Aussies are spending up a storm and some of them are breaking out the plastic to do so. But it seems we aren’t the savviest bunch when it comes to the nitty-gritty of credit cards.

Summer holidays are right around the corner and if you’ve got big plans to head overseas you need to get your travel money sorted. But every traveller has different spending needs, so how do you know you’re getting the right travel card for your circumstance?

No it’s not the number of Aussies promising to hit the gym on January 2, nor is it those among us who are planning to cut back on the number of Uber Eats orders they make.

From spa treatments to picking up a new pair of shoes, everyone needs to treat themselves every now and again.

Summer may be officially here and temperatures hotting up, but the official cash rate remains well and truly frozen following another rate hold by the Reserve Bank Board at the December meeting in Sydney this afternoon.

With so many different options for borrowing money out there on the market, Aussies really are spoilt for choice when it comes to getting a great deal on their home loans, personal loans and credit cards.

From crafting Christmas carol playlists and putting the finishing touches on Christmas trees, Aussies are officially in the festive mood.

‘Tis the season to be jolly, and for some lucky Aussies, that’ll be because they’ve bought their dream home. But whether you’re looking for properties before or after Santa Claus arrives, there are some things you need to know to prepare for summer time property inspections.