News archive for September 2021

September 2021

Best landlord insurance

Australia’s Best Landlord Insurance for 2025

Got an investment property? Congratulations! From tax benefits to rental income and offering tenants a great place to live, being a landlord comes with plenty of perks.

What is a good interest rate for a car loan in australia

What is a good interest rate for a car loan in Australia?

Need a car loan to help you fund your first or next set of wheels? But don’t know what a good interest rate looks like? We’re here to help. Right now on the Mozo database, the average new car loan rate is 7.44% and the average used car loan rate is 8.16%. So, if you are receiving a rate that is below average then you are getting a solid deal.

5 killer lenders that could save you a fortune

5 killer lenders that could save you a fortune

Many Australians are focussing on reducing household costs right now, and saving on interest repayments by switching to a better value home loan or personal loan is a great place to start.

Suncorp offers solar cashback for home loan customers

Suncorp offers solar cashback for home loan customers

Suncorp Bank has announced that new and existing home loan customers who have a solar power system or will have one installed before 31 December 2021 may be eligible to receive a cash bonus from the bank.

Switching energy providers it should be easier with new rules

Switching energy providers? It should be easier with new rules

Switching energy providers will become quicker and easier with new rules coming into play from October 1. With a significant reduction in wait times for customers switching providers, we may also see better energy deals being offered across the board.

Best home loans to crush your mortgage in 2021

Best home loans to crush your mortgage in 2021

If saving money on your home loan in 2021 is what you’re after, then you've come to the right place. Discovering a great value home loan could mean the difference between tens of thousands of dollars saved in interest over the course of your loan, but in practice it can be hard to find the best option amongst the dozens of different lenders and rates on the market.

How a pre approved car loan could fund your post lockdown vehicle purchase

How a pre-approved car loan could fund your post lockdown vehicle purchase

Been holding out to buy a car once post-lockdown? Well, it may be time to think about getting pre-approved for a car loan.Not only could this speed up the process of buying a new or used vehicle, it can give you the peace of mind that you have already been approved for lending from a car loan provider. Plus, it can give you a better idea of what car prices you can go for as well as how far you need to go if it comes to negotiating the price.

Homeloans com au launches a new green loan

homeloans.com.au launches a new Green Loan

Due to the growing environmental concerns, lenders have been launching green loans to help customers make their homes more energy-efficient and eco-friendly.

Top internet providers ask nbn co for better pandemic relief

Top internet providers ask NBN Co for better pandemic relief

Australia’s top five internet service providers have again banded together to request greater financial relief from NBN Co. The bosses of each provider have joined forces to pen an open letter to NBN Co and the Minister for Communications, labelling their current relief package as inadequate.

Does home and car insurance cover earthquakes

Does home and car insurance cover earthquakes?

Earthquakes aren’t all that common in Australia, which is why many were shocked when a quake hit Victoria on Wednesday. The small town Mansfield was at the epicentre of the earthquake and the highest magnitude recorded was 5.9 at 9.15am.

How to turn your black friday and christmas shopping into bonus points for 2022 travel

How to turn your Black Friday and Christmas shopping into bonus points for 2022 travel

With the end of lockdown in sight (hopefully) the question of international travel is hot on many Aussies’ lips. And it’s looking like if things go as projected, Australian travellers may be jet-setting around the world in 2022. That means many savvy rewards credit card users may be gearing up to earn big rewards points for their spending up until then. And what’s a good way to earn points in bulk by the time international travel resumes? Bonus points. “Earning rewards points can sometimes seem like a drawn out task, which is true as you need to spend over time to build up enough points to get rewards,” Mozo banking expert, Peter Marshall says.“That’s why taking advantage of a bonus points offer on a credit card during periods of higher spending, such as the holiday season, could be a smart way to give your points earning a boost in time for when travel resumes.”

Sports streaming subscriptions rise as afl memberships boom

Sports streaming subscriptions rise as AFL memberships boom

A substantial rise in subscriptions to sports streaming services in Australia has come alongside a large increase in those who say they support an AFL team. With pandemic restrictions limiting the opportunities for Aussies to see their favourite teams in person, consumers have leveraged their broadband connections to support their clubs.

Best tips and tricks for avoiding credit card fees

Top tips and tricks for avoiding credit card fees

Credit cards are a common and useful way to pay for just about anything incrementally. Many cards also offer extra benefits, such as rewards programs or insurances. That said, credit cards also often come with fees.

Latitude drops rewards points on credit cards what are your options

Latitude drops rewards points on credit cards: what are your options?

Online credit card provider Latitude has recently announced that it will be ditching it’s points rewards programs. The change means card holders of either the Latitude Infinity Rewards Visa or the Latitude GO Mastercard, will no longer be able to earn or redeem points from late November.  Here’s a quick rundown …

Aussies spent 21 9 billion on their pets says afterpay

Aussies spent $21.9 billion on their pets, says Afterpay

Families come in all shapes and sizes, and sometimes family members are four-legged furry rascals that like to scratch the couch. Even with their occasional mischief Australians still love their pets and are willing to spend more money on spoiling their pets than themselves.

Why your savings account should be on your spring clean list this year

Why your savings account should be on your spring clean list this year

When it comes to your finances, being a good saver is crucial. And what goes hand-in-hand with being a good saver? A high interest savings account. So if you are currently signed up with a provider that offers low interest rates (or none at all), it’s time to put your savings account on your spring clean list!

Mortgage shake up! Meet the lenders taking on the big banks in 2021

Mortgage shake up! Meet the lenders taking on the big banks in 2021

Aussie borrowers looking for lower rates, faster approval processes and flexible lending terms are deserting the big banks in earnest for more competitive lenders. But with so many different options available, which rival lenders really stand out from the pack?

Expert tips 3 ways to spring clean your loan and credit card debt

Expert tips: 3 ways to spring clean your loan and credit card debt

Spring has well and truly sprung. And while this may have you turning your attention to dusting off drawers, clearing out your winter wardrobe or tending to the garden, now could be the time to spring clean your finances as well!  And what’s a big part of many Aussies’ personal finances? Loan and credit card debt. So we’ve spoken to the experts. Combining the knowledge of Mozo’s banking expert Peter Marshall, Athena’s chief marketing officer Natalie Dinsdale, Nano Digital Home Loans’ chief executive officer Andrew Walker and Alex’s chief financial and product officer Craig Fenwick, here are three top tips on helping you pay down your debt this spring!

Leading westpac life interest rate cut overnight

Leading Westpac Life interest rate cut overnight

Westpac has made a slew of interest rate cuts to its savings accounts, including to the leading Westpac Life rate for 18 to 29-year-olds. The big bank shaved a sizeable 50 basis points off the rate, taking it down from 3.00% p.a. to 2.50% p.a.*

Affordable home broadband aussies happy with nbn prices

Affordable home broadband: Aussies happy with NBN prices

New research has shown most Australians are happy with the price and speed of their home broadband when compared to similar products in peer nations. Figures featured in the report show Australia has seen the largest improvement in broadband affordability between 13 similar nations between financial years 2018-2020.

New to investing the ato wants a word

New to investing? The ATO wants a word

While tax season may be well underway, it seems as though not everyone is lodging their returns correctly, as the Australian Taxation Office (ATO) has released some advice for Australians new to share trading and investing.

Home lenders slash variable rates despite RBA hold

Home lenders slash variable rates despite RBA hold

Australia’s average variable home loan rate has hit a jaw-dropping new low of 3.14% this month despite the Reserve Bank keeping rates on hold, as the battle for borrowers intensifies amongst the nation’s top rival lenders.

Top broadband retailers want cheaper nbn prices

Top broadband retailers want cheaper NBN prices

Australia’s top internet service providers have submitted documents to the Australian Competition and Consumer Commission (ACCC) proposing a restructure of the National Broadband Network pricing model that would see NBN Co take less revenue per customer to drive prices down.

How do businesses charge for eftpos transactions live eftpos automates surcharging

How do businesses charge for EFTPOS transactions? Live eftpos automates surcharging

As you use your debit card or mobile wallet to tap and pay for your daily coffee, it’s easy to forget there are numerous costs associated with that simple action (and that you may be paying a small fee for this convenience). But small business owners will understand the financial commitment that comes with operating a cashless payment system.

Accc latest inquiry wanted to make fx more transparent but did it

ACCC latest inquiry wanted to make FX more transparent, but did it?

If you’ve sent money overseas, you’ve probably been very confused about how it all works. To start with, the exchange rate you google is different from the one you end up getting (usually lower). And you can find yourself spending more money than you originally planned because of fees that suddenly appear. Overall, it is never quite clear what you will get until you click send.

Electricity network upgrades for victoria to improve bushfire safety

Electricity network upgrades for Victoria to improve bushfire safety

An upgrade to electricity networks in Geelong and Torquay to improve bushfire safety and accommodate the region’s population growth will begin site preparations this month. Powercor, a Victorian electricity distribution company, will deliver the upgrades at a cost of $110 million.

Used car prices remain high but many drivers not confident to haggle

Used car prices remain high but many drivers not confident to haggle

There are over 20 million registered motor vehicles in Australia and according to online automotive marketplace Autotrader, 75% of Aussie drivers have purchased a used car at some point in time. However, that’s not to say that we are well-versed in haggling prices. In recent research commissioned by Autotrader and undertaken by YouGov, it was found that 64% of Aussie drivers between 22 and 54 feel very uncomfortable negotiating the price of a pre-loved set of wheels. Plus, 50% of Aussie drivers claim they aren’t very knowledgeable about cars at all.

Meet the lenders taking on the big banks in 2021

Meet the lenders taking on the big banks in 2021

In case you missed the news, lending rates have gone off a cliff in the past two years in the wake of six Reserve Bank interest rate cuts, including one last November. And now that the dust has settled, Aussie borrowers have a real opportunity in 2021 to take advantage of some of the lowest rates on record.Borrowers looking for the sharpest rates will need to look beyond the big banks though. Rival lenders have taken the spotlight: not only dishing up super low variable and fixed rates, but also new features and extra incentives.It’s little wonder that rival lenders are seeing a spike in customers switching their home loans and other borrowings from the major banks, with some genuinely big savings now available for those who are prepared to shop around.So, if you're sick of paying more than you need to on your home loan, personal loan or business loan, you’ll want to get acquainted with these killer lenders taking on the big banks in 2021.

September 2021 financial checklist

September 2021 Financial Checklist

The flowers are blooming, the sun is shining - Spring is here! Which means your daily lockdown walks just got a whole lot brighter, folks. Unless, of course, you suffer from seasonal allergies.

How does land affect the cost of property

How does land affect the cost of property?

A property’s cost may be affected by the size, shape and location of the land it sits on. Having property with a lot of land doesn’t immediately equal having high property value though. There are several factors that come into play when assessing the land-to-asset ratio. But the most important is location.

Faster internet for 300 000 more homes says nbn

Faster internet for 300,000 more homes, says NBN

NBN Co has announced the next group of suburbs that will be receiving fibre upgrades as a part of their network improvement program. More than 300,000 homes and businesses in the suburbs will become eligible for broadband speeds up to 1000mbps as a result of the upgrades.

2025

2024

2023

2022

2021

2020

2019

2018

2017

2016

2015

2014

2013

2012

2011