Judo Bank may not have the legacy of the major banks, but it’s become a standout in the term deposit market. Despite its smaller size, the bank delivers consistently high rates – often placing in the top five providers tracked in Mozo’s database.
Finding the best car insurance policy for your needs, at the right price, can be a tricky task. If you’re not a car insurance expert, even knowing where to start your research journey can be a challenge.
As Australians continue to fight climate change, many are looking to make their finances greener by choosing the right bank. Why do this? Well, in short, by changing to a green financial provider, you can move your money out of banks that invest in fossil fuels or that impact the environment in other ways.
Ahh, the escapism of movies. Superheroes aren’t liable for property damage, the laws of physics don’t count, and foreign travel takes as long as a montage.
With many banks raising their home loan interest rates, we may hear a cheer on the breeze from savers who’ve suffered through cut after cut to their interest earnings. The recent interest rate rises have seen a boost for savings accounts.
Alongside another unseasonable spate of rainfall, the flash-hot Australian housing sector has experienced a week of cooling off.
You’re not alone if isolation has given you a renewed appreciation for your own backyard. According to Wotif CEO Daniel Finch , 88% of Australians are planning on travelling within their own country this year.
Here’s an idea: let’s take hundreds of kids, and give them all thousands of dollar’s worth of fragile technology. Surely nothing could go wrong there, right? Teenagers, after all, are renowned for being cool, calm and careful, and never acting impulsively. If that doesn’t sound quite right to you, Mozo’s latest research has unearthed the staggering costs of school tech. Each year, parents are dishing out a colossal $960 million - almost one billion dollars, on replacing and repairing their kid’s technology needs.That's roughly equivalent to 768,000 new iPhones, the GDP of Vanuatu, or about four full tanks of petrol these days.Beyond that net spending on technology, 52% of parents reported that their kid had lost or broken one of their devices in the last year. It seems that Aussie kids are still prone to leaving things on the bus, or treating their school bag like the Olympic hammer-throw.Between laptops, tablets and phones, 37% of parents refuse to purchase ‘top of the line’ devices, wisely imagining that a brand new iPad might not last too long out in the playground. Almost two thirds (63%) of parents felt like they had to spend more on technology every year, as the educational experience continues to be enhanced by tech.
All in this week’s best banking news recap: editor’s pick.
The challenges of the last two years have had an enormous impact on businesses, however it seems that they are now starting to bounce back.
It’s not a secret that people’s incomes were impacted over the last two years with the months we spent in lockdown, but recent findings show that the pandemic has helped increase Australians’ desire to save.
Overseas travel is back on Australia’s agenda, with the demand for flights taking-off in the last month, according to statistics from flight comparison site, Skyscanner.
For the second time this month the Commonwealth Bank has announced increases to fixed interest rates on a number of its home loan products - this time by between 15 and 25 basis points.
Queensland-based banking and insurance provider RACQ announced it has introduced 40 year terms on select home loans, joining only a handful of Australian lenders that offer home loan terms of that length.
Online lender loans.com.au has just announced new rate cuts to some of their variable interest rate car loans.
While the world tunes into the Winter Olympics, the battle for the podium positions is brewing among the major streaming platforms. With the competition getting tighter every day, the pressure is on for streaming services to offer the best content and hold audiences' attention.
There has been a slight increase in the number of fatalities on Australian roads in the twelve months since January 2021.
Pulling your hair out trying to plan a kids party? We don’t blame you. Themes, venues, entertainment. There’s so much to consider - and it all adds up.
Whether you’re a hands-on homeowner, or need a little encouragement from the other half, renovating your home can have its benefits. If you’re looking to modernise your kitchen, open up your living room, or update your bedroom; upgrading what you already have can be a great way to add value to your property, whilst enjoying the luxuries of a modernised living space.The reality is; revamping your home doesn’t have to cost a fortune if you think outside the box and do a little research. So where does one begin? Well, some of the team at Mozo have given us their tips on ways they’ve renovated without blowing the budget. Check them out…
More than two thirds of Australians think the federal government should be doing more to increase electric vehicle (EV) uptake in Australia, according to a 2022 Carmichael Centre report . With a clear message on environment concern, nearly three-quarters of the country believes a reduction in CO2 emissions from internal combustion engine vehicles (ICE) would be effective in the fight against climate change.
At Mozo, our experts do the hard yards of financial analysis to find you the best deals on energy. For our 2021 awards we compared 842 energy plans, and awarded the providers that could offer environmentally sound electricity without breaking the bank.
All in this week’s best banking news recap: editor’s pick.
Trying to find a date can be difficult, but making sure that the person you're speaking to on a dating app isn’t a scammer shouldn’t be.
The maximum amount of superannuation that Australians can dip into to purchase their first home will soon be bumped up by $20,000, following the passage of new legislation last week.
We’ve all been told that we should save money, whether it's for a new car, a holiday to Japan or simply to have in case of emergencies. And 60% of Australians have some kind of savings in their budget, says a recent survey from NAB.
The deluge of hikes to fixed interest home loan rates show no signs of letting up, with major bank Westpac adding to the swell this morning by increasing rates by 10 to 30 basis points on a number of loans.
Charities may be feeling more optimistic this year, with recent data from NAB’s Charitable Giving Index suggesting a reversal of fortunes after philanthropic donations dropped in both 2020 and 2021 by almost $1 billion each year.
Australia’s fourth largest bank, ANZ, has lifted interest rates on several fixed home loans by between 10 and 40 basis points, becoming the last of the big four banks to do so in recent weeks.
Last year, national rental prices saw an increase of 7.4%, making it the highest growth year since 2009. And now the average rental property in Australia is at $499 as of December 2021 compared to $465 in December 2020, says Domain's latest Quarterly Rent Report .
Aussie online payment platform, Beem It, is introducing a new app component which allows shoppers to access rewards and special offers – plus the potential to earn cashback on purchases – when shopping with small businesses.
Consumer confidence has increased as Aussies say now is a good time to purchase major household items, the latest ANZ-Roy Morgan report has found. Despite the increase in consumer confidence, Aussies are still expecting difficult economic conditions over the next 12 months.
National Australia Bank (NAB) has become the latest major bank to increase interest rates on its fixed rate home loans, bumping up rates by between 10 and 20 basis points this morning.
Major weather shifts present a range of risks for homeowners. Some – like bushfires, storms and flooding – can create easily observable turmoil, and could result in damages to your property which may need to be addressed by your home insurance coverage.
Online bank ING has announced that it will be lifting interest rates on a number of its fixed and variable home loans by 10-30 basis points effective tomorrow (February 3).
As we kick off 2022 and reflect on how personal loan interest rates have been tracking over the past couple of months, we saw several discounted rates come out.
New loan commitments taken on by Australian property buyers reached new heights over the course of 2021 according to figures released by the Australian Bureau of Statistics (ABS) on Tuesday.
Petrol refiner and retailer Ampol will enter the Australian energy market, eager to tap into its existing customer base of 3 million. Ampol will look to sell both electricity and gas across a number of Australian states and territories and compete against the major retailers.
The RBA left the cash rate at 0.1% at its first policy meeting of the year, while finally deciding to retire its $350 billion bond buying program, introduced in 2020 to shore up a struggling economy.
If the sudden influx of roses, hues of pink and heart-shaped everything didn’t tip you off, it’s V-day month, folks. Not to mention, it’s also the last (and possibly the hottest) month of summer.