News Archive for December 2021

December 2021


2022 travel plans? These 4 debit cards won’t cost you the world in fees

After nearly two years of border closures, international travel is back for fully vaccinated Australian citizens and permanent residents, with Canada, Fiji, Italy, Spain, the UK and the US among the countries currently open to Aussie jetsetters. But has enthusiasm for international travel come back yet?

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The best places to buy alcohol online for christmas

The best places to buy alcohol online for Christmas

It’s the week before Christmas and it’s time to think about stocking up on booze before the festivities begin. Your local store might have unpredictable hours this time of year or even run out of that particular brand you want, so it can be safer to just do a big online order to be delivered just in time for the jolly season.

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Petrol prices remain high 5 ways to save on fuel these holidays

Petrol prices remain high: 5 ways to save on fuel these holidays

If there’s one thing that we’re sure you’ve probably noticed lately, it’s that petrol prices are not dropping. In fact, fresh stats from the Australian Competition & Consumer Commission (ACCC) show that at the end of October 2021, daily petrol prices increased by 172.4 cents per litre (cpl),  on a seven-day rolling average basis. The numbers took into account fuel prices from major cities Sydney, Melbourne, Brisbane, Adelaide and Perth. And according to the ACCC, these are the highest prices in seven years (in inflation adjusted terms). The report also showed that drivers across the five major cities paid approximately 48.0 cpl more in November 2021 than they did the same time in 2020.

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Tpg telecom to operate free wi fi network in adelaide

TPG Telecom to operate free Wi-Fi network in Adelaide

TPG Telecom will replace the existing public Wi-Fi network around Adelaide, providing free broadband around the city. The company will begin to deploy the network early next year and operate it on an initial five year contract.

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Money wrapped your 2021 finances in review

Money Wrapped: Your 2021 finances in review

As we inch closer to the end of the year, it’s time to look back over the most frequently played money topics. From rising property property prices to our online shopping obsession, we’ve seen some major trends take off in 2021.

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Green broadband nbn co targets 100 renewable energy by 2025

Green broadband? NBN Co targets 100% renewable energy by 2025

NBN Co has announced a 100% renewable energy target, backed by an emission reduction plan and membership with the RE100 climate group. The company has announced an initial three-year roadmap it will adhere to as it continues to deliver broadband to over 8 million Aussie homes.

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Act households offered up to 15k interest free loans for electric vehicles

ACT households offered up to $15k interest-free loans for electric vehicles

Are you a Canberran with an electric vehicle on your Christmas or 2022 list? We’ve got news for you … This month, the ACT Government introduced the Sustainable Household Scheme to residents of the nation’s capital as part of its commitment to net zero emissions by 2045. Under the scheme, the government is offering interest-free loans between $2,000 and $15,000 to eligible homeowners to fund the cost of energy efficient products, including EVs.  The loans can be paid back over a period of up to 10 years and there are also no upfront or ongoing fees attached to it.  “As the impacts of climate change become increasingly evident, it is essential that governments work with the community to not only take meaningful action to limit our contributions to global warming, but to do so in a way that improves our quality of life,” said chief minister, minister for climate action, Andrew Barr in the Sustainable Household Scheme Guidelines for participants. “I am pleased to announce the introduction of the Sustainable Household Scheme (Scheme), to support Canberrans to reduce their energy use and costs and live more comfortably. This in turn will contribute to the ACT’s transition to net zero emissions by 2045. “The Scheme will provide $150 million in zero interest loans over five years to eligible households, individuals and not-for-profit community organisations, and be delivered through a contracted loans provider.” Partnering with home improvement loan provider Brighte, the ACT Government is set to offer the scheme up until 2026 (unless it’s extended). Apart from the scheme and loans, Brighte also offers a specialised interest-free Buy Now Pay Later service for home improvement purchases (including green ones) up to $30,000 and snapped up a 2021 Mozo Experts Choice Award for best specialised service.

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Borrower bonanza as rival lenders cut rates... again

Borrower bonanza as rival lenders cut rates... again

Just when we were getting used to home loan rates that start with a '2', Australia's rival lenders are releasing some jaw-dropping new variable home loan rates with a '1' in front, giving savvy borrowers a new opportunity to compare and potentially save thousands on their home loan.

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When to pick invoice finance over a business loan

When to pick invoice finance over a business loan

For both new and established businesses, managing cash flow can be a challenge. And if customers make a habit of delaying payment, you can find yourself stalling as a business, if not running into further trouble down the road.

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Where can i use buy now pay later for christmas

Where can I use Buy Now Pay Later for Christmas?

Looking to spread the cost of your Christmas shopping this year? Buy Now Pay Later (BNPL) could be your answer. In fact, if used correctly, BNPL can be a way to reduce how much you spend upfront and allows you to budget as you pay off the rest of what you owe in regular instalments. And there are plenty of platforms to choose from. Whether it’s Afterpay, Zip, Klarna or Humm (to mention a few), there are a whole bunch of retailers that allow you to use these types of services to buy Christmas gifts now and pay for them later. It’s important to note though, these platforms aren’t completely cost-free. The truth is, some come with a monthly fee attached to them and often charge late payment costs if you miss or delay an instalment.

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Aussie businesses delay international growth due to money transfer complexity says wise

Aussie businesses delay international growth due to money transfer complexity, says Wise

Despite the Australian Competition and Consumer Commission’s (ACCC) asking for more transparency and simplicity in international money transfers (IMTs), a new report by foreign exchange specialists Wise (formerly known as Transfer Wise) says international payments are the most significant barrier to Australian small businesses when it comes to expanding internationally.

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Why a personal loan might suit you more than a car loan for your next vehicle purchase

Why a personal loan might suit you more than a car loan for your next vehicle purchase

When you think about financing a vehicle, your mind may immediately go to car financing or a car loan. But the truth is, for some these options may not be available … which is where a personal loan may step up to the (number) plate.  According to recent industry datas, the used car market continues to boom as the supply issues around new car microchips drag on. “With some people being forced to consider buying a used car as the microchip shortage puts the brakes on the supply of new cars, the used car loan market is running hot,” says Mozo spokesperson Tom Godfrey.  “If the car you’re trying to purchase has a lot of ks on the clock, you might find some car loan providers unwilling to finance it, which is when a personal loan might come in handy.”In fact, Mozo’s latest research showed that 52% of Aussies that took out a personal loan over the last 10 years, used the funds to purchase a car. It revealed that the average car loan borrowing amount was at $25,000, while for personal loans it sat at a lower $14,000.

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How do the big four low rate 0 interest credit cards compare

How do the Big Four low rate & 0% interest credit cards compare?

Like the idea of a credit card issued by one of the big four? Well if traditional banking is more your speed, you’ll be pleased to know there’s plenty of options when it comes to low rate and 0% interest credit card offers. In fact, each of the big four (CommBank, NAB, Westpac and ANZ) offer at least one product in each category. With that in mind, we’ve compared top credit cards side by side to help you look for the right product for you!

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World s largest renewable energy retailer to join australian market

World's largest renewable energy retailer to join Australian market

The world’s largest private renewable energy retailer has secured its Australian license as it looks to launch down under. The Italian-based Enel Group plans to offer a ‘Green-tailer’ product that will combine renewables, virtual power plants and an electric vehicle charging option for customers.

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How to buy a pet for christmas

How to buy a pet for Christmas?

We’ve all seen the ads or films where a cute puppy pops out of a gift wrapped box. It’s heartwarming seeing the furry friend see their new owner and give them a hello lick.

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Your essential digital christmas planner

Your essential digital Christmas planner

With Christmas just around the corner and the frenzy shopping for the festive season usually creates, getting yourself organised sooner rather than later could prove a wise move for both your sanity, and your back pocket.If you loathe the idea of crowds and have gotten accustomed to the conveniences of shopping from the comfort of your living room, then creating a digital Christmas plan can be as easy as pie with our essential tips to help get you ready.

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