News archive for January 2025

With the RBA cutting rates in February, it's a tricky time for savers so getting the best return on your money is paramount.

A home loan that rewards you for your loyalty, does away with pesky fees, and has a low variable rate that’s well below the average home loan in Mozo’s database.^^

Whether you've got 10, 20 or 40 years to go until retirement, having your super invested in a top performing or low fee fund could mean thousands more for you to enjoy in retirement.

If you’ve been to the vet lately, you might’ve noticed your bill creeping higher and higher. With the cost of vet visits rising thanks to inflation, vet shortages^, and pricey new treatments, pet owners are feeling the pinch. The big question: should you get pet insurance to help cover the cost?

One of the greatest benefits of the digital banking revolution for Australian consumers and small banking providers alike is that the boundaries that once existed are no longer.

The start of a new year is the perfect time to take control of your family's finances. But where should you start?

Welcome back to Mozo Money Moves, your weekly wrap of rate changes and financial insights, keeping you in the loop on what's been happening and how it might impact your wallet.

Saving for a home deposit is tougher than ever. Rising rents, climbing property prices and stagnant wages are leaving many Australians feeling locked out of the market.

Are you leaving money on the table by sticking with your current energy provider? Mozo's latest research reveals that Aussies could save hundreds of dollars a year by making the switch. With energy prices climbing higher than ever, the power is truly in your hands to cut costs and take control.

Welcome back to another edition of Mozo Money Moves, our weekly wrap of rate changes and finance insights.

The majority of Australian mortgage holders are waiting with bated breath for the first cash rate decision of 2025, with hopes hinged on a February cut.

Superannuation isn’t something most people think about often—but maybe it should be. Research from the Super Members Council shows that Australians who understand their super feel far more confident about their finances.

Welcome back to Mozo Money Moves, your weekly wrap of rate changes and financial insights, keeping you in the loop on what's been happening and how it might impact your wallet.

When the new year rolls around, so do the superannuation suggestions, as regular as the countdown itself. But are these tips truly the fireworks they're made out to be?

The wildfires in Los Angeles have sounded the alarm on the idea that climate change has escalated - that its impacts are possibly worse than we thought.

What if you could pocket a sweet cashback bonus just for making smarter financial choices? Whether it’s opening a new savings account or signing up for travel or car insurance, cashback offers are a great way to give your finances a boost without lifting a finger.

The majority of Australian renters have all but given up on saving for a house deposit, for reasons that should surprise no one.

Whether you're supporting family abroad, paying for international purchases, or managing offshore investments, knowing the latest money-saving strategies for international money transfers can help you keep more dollars in your pocket.

Most people view their savings account as a safe place to keep their hard-earned cash. While this is true, that same bank account might also be quietly eroding wealth away. From fees, low rates, and the invisible hand of inflation, several factors could be diminishing your savings more than you imagine.

The decision to put some money away in a term deposit should factor in the overall economic outlook. Right now, most predictions centre on inflation.

Financial security isn't just about having money saved, it's also about the peace of mind that brings.

Welcome to the first edition of Mozo Money Moves for 2025. This weekly snapshot covers the latest banking and interest rate news, highlighting pivotal changes in personal finance.

Caught between high interest rates, a booming property market, and the cost of living crisis, the majority of homeowners in Australia are feeling the heat from their home loans.

Kickstart 2025 with a boost to your savings! ING is offering new customers the chance to earn $100 cashback when they open an Orange Everyday and Savings Maximiser bundle.

As 2025 gets started and the likelihood of cash rate cuts increase, it’s possible that savings rates will see a downward trend this year.

Christmas is a magical time of year, filled with joy, family gatherings, and plenty of gift-giving. But let’s be honest – it can also leave your bank account feeling far from festive. With most Aussies wrapping up their gift shopping for this year, now is the perfect opportunity to think ahead and prepare for Christmas 2025.

Grocery prices continue to climb, so it's crucial to embrace summer savings at the supermarket. Shop seasonally and locally to take advantage of January produce deals. Turn those bargain fruits and vegetables into refreshing summer meals that won't heat up your kitchen.

From housing affordability to retirement income reform, superannuation is at the centre of some of the biggest financial conversations in Australia. If you’re wondering what’s next, we’ve got you covered.

The beginning of the new year is an ideal time to set fresh financial goals. Whether you’re saving for a relaxing getaway, a new car, or just want to build a solid emergency fund, 2025 could be your year to make some serious money moves. Here’s how to get started:

Building a comfortable retirement takes strategic planning and smart decisions about your superannuation. Whether you’re just starting your career or counting down to retirement, understanding how to maximise your super contributions and optimise your investment strategy can significantly impact your future financial security.

If your New Year’s resolution involves more financial freedom, then paying off your debts is an excellent place to start. After all, we only want to take the lessons we’ve learnt into the new year, not our credit card balances.

Happy New Year, folks! 2025 has officially begun! It’s time to kickstart your New Year’s resolutions - with the help of your favourite financial read, of course. Your very first financial checklist of 2025 has officially arrived: