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These days, the fear of missing out (FOMO) often drives us to overspend on fashion, social events and gadgets, all in an attempt to keep up with the Joneses. However, a refreshing trend known as the joy of missing out (JOMO) is gaining traction, encouraging us Aussies to embrace a more mindful and financially rewarding lifestyle, which, shock-horror, isn’t as bad as we might imagine.

​The 2025/26 Australian Federal Budget is set to be unveiled this week, and it's helpful to understand the important details to see how it might affect the economy and your finances.

Welcome back to Mozo Money Moves, your weekly interest rate wrap that keeps you up to date with what’s been going on in the world of personal finance.

A new study claims that allowing first-home buyers to dip into their superannuation for a deposit could drive up property prices by 7.4% to 10.3%, potentially making homeownership even harder.

More than 340,000 small businesses across Australia now have access to exclusive discounts and benefits with the expansion of CommBank Yello for Business. The program offers savings on key business expenses, including internet plans, workwear and equipment hire.

There are two key things every person wants in their home loan: a low rate and a lender they can trust. If you live in WA and you’re not familiar with P&N Bank, now’s the time to put them on your radar.

This week’s Mozo Money Moves takes a step back from our recent focus on how variable home loan and deposit rates have responded to the RBA move.

Australians are dealing with another major weather event as insurers respond to damage from Tropical Cyclone Alfred. The Insurance Council of Australia (ICA) has declared it an Insurance Catastrophe, with more than 44,000 claims already lodged across Queensland and New South Wales.

The Australian Energy Regulator (AER) has released a draft determination for the Default Market Offer (DMO) for the 2025-26 period, proposing increases in electricity prices for residential and small business customers in New South Wales, South East Queensland, and South Australia.

The Reserve Bank of Australia (RBA) has expressed alarm over the Australian banking industry's proposal to decommission the Bulk Electronic Clearing System (BECS) , a critical financial infrastructure handling nearly $18 trillion in payments annually.

The Australian property market is showing signs of cooling as auction clearance rates continue their downward trend.

Consumer confidence dropped 2 points to 87.7 over the past week after a significant increase the week before, says Roy Morgan.

The re-election of Donald Trump as U.S. President has ignited discussions about his trade policies, particularly the threat and implementation of new tariffs. These measures, designed to protect domestic industries, could have significant ripple effects on global economies, including Australia's. In this article, we'll explore what tariffs are and how Trump's latest tariffs might influence Australia's economy and the housing market.

Banks, insurers, and super funds could be forced to shake up their leadership teams under new governance rules proposed by APRA today.

As home loan borrowers benefit from the Reserve Bank’s recent 0.25% rate cut, Aussie renters continue to do it tough.

When it comes to property values, playing the waiting game isn’t always the best strategy. While the market can go up and down, smart homeowners take matters into their own hands, making upgrades that boost their home's appeal and potential selling price. And the best part? You don’t need a bottomless bank account to do it, finance options like a small personal loan could be the key to unlocking your home’s hidden value.

Correction: In a previous version of this article, it was incorrectly stated that 77 banks had cut savings rates since the RBA decision. This has now been corrected to reflect the accurate information, 67 banks had cut savings rates.

The Insurance Council of Australia (ICA) is calling for a major investment in flood defences to protect homes and businesses from rising risk, proposing a $30.15 billion Flood Defence Fund (FDF) over 10 years, shared between the Federal and state governments.

The Reserve Bank of Australia (RBA) has finally cut the cash rate by 0.25% and with the majority of banks following suit, you’ll soon have some extra dollars to play with. But how much will you actually save? And should you spend it, save it, or use it to get ahead on your mortgage?