News archive for September 2025

The Reserve Bank of Australia (RBA) left the cash rate at 3.60% during its September meeting.

October is the perfect month to be a boss with your finances. The craziness of the end of year is still at arms length and this provides the perfect opportunity for you to reflect, and importantly pivot if you’ve financially got a little off course.

Welcome to this week's Mozo Money Moves, where we break down the key shifts in finance and banking. Inflation is on the rise again, reshaping expectations around potential RBA rate cuts, with a pause now looking likely ahead of next week’s cash rate call. In personal loans, we compare the Commonwealth Bank and OurMoneyMarket to see who comes out on top. We also highlight the lowest fixed home loan rates currently available on Mozo’s database, as smaller lenders edge ahead of the Big Four. Plus, we reveal the winners of the 2025 Mozo Experts Choice Awards for insurance and the latest superannuation performance results.

When it comes to borrowing money, personal loans aren’t all cut from the same cloth. Rates, fees and flexibility can differ significantly depending on the lender, and what looks like a good deal on paper may shift once you factor in your own credit profile and circumstances.

If you haven’t looked at your super balance in a while, now might be a good time to peek. Your superannuation likely went up again in August, with research from SuperRatings showing the average balanced option rising about 1.3% and the average growth option 1.5%.

Choosing the right health insurance can be one of the most important financial decisions you make. Rising healthcare costs, longer public hospital wait times, and the desire for greater choice over your care have more Australians reassessing their cover in 2025.

Welcome to Mozo Money Moves, your weekly round-up of what’s moving your money and shaping your financial decisions. This week, we're unpacking the latest moves from Australia's largest bank, Commonwealth Bank, which has joined the growing list of lenders offering a fixed rate home loan below 5%. We'll also cover the latest statistics to understand what LVR means for your home loan, a look at what the RBA is watching as its next meeting approaches, and how the "Bank of Mum and Dad" can help kids studying overseas. Plus, we've updated one of our banking guides and have insights into the latest savings, term deposit and home loan rates.

The NBN has just been overhauled and significant speed upgrades are now available from internet providers. What’s more, the new high speed plans are being offered at about the same cost as lower speed plans, providing a good opportunity to switch.

Choosing between a global brokerage and one of Australia’s Big Four banks is a major money move for new investors.

The Commonwealth Bank of Australia (CBA) has launched a new offensive in the fixed-rate home loan battle, becoming the second of the nation's Big Four banks to offer a headline rate under 5% p.a., as competition intensifies.

There’s now less than 100 days until Christmas. The end of the year is generally the most challenging time financially for people, as on top of the normal everyday expenses of mortgages, bills and groceries, it’s a time when we usually also have added expenses for gift buying, socialising and holidaying.

September marks the start of a new academic year in the northern hemisphere, with thousands of Australian students embarking on a life-changing journey to study abroad. This transition, however, is not just a personal milestone for the students; it's also a financial one for their parents, as the "Bank of Mum and Dad" expands its reach to a global scale.

Home loan interest rates are starting to settle following the Reserve Bank’s August rate cut, and top customer-owned lenders are smashing the big banks with leading rates.

Welcome to Mozo Money Moves, your weekly round-up of what's moving your money and shaping your financial decisions. This week, we're taking a deep dive into the home loan market, where fixed rates are continuing their free fall, with an increasing number of lenders now offering rates below 5%. We'll also cover a surprise rate cut from one of Australia's largest customer-owned banks, a look at cheap home loan picks this week, and a head-to-head matchup of trading platforms. Plus, we've got new research on how Aussies would spend a $10,000 windfall and insights into the risks of AI trading advice.

Artificial intelligence is no longer confined to Silicon Valley or the trading floors of Wall Street. Everyday Australians are experimenting with AI to guide their investment choices, from summarising ASX announcements to scanning company reports and even providing portfolio suggestions.

Pet owners living on Australia’s East coast are being asked to stay vigilant with tick care and prevention as we head into the warmer months. According to new data from PetSure, there was an 87% uplift in tick paralysis claims in October last year, compared to the month prior.

Another 12 providers joined the ranks of lenders offering borrowers fixed interest rates below 5% for one- and two-year terms in August, bringing the total to 29 according to Mozo analysis.

Australian savers are facing a hidden challenge as the interest earned on their savings accounts struggles to keep pace with the rising cost of living. Mozo figures reveals that while the average savings rate sits at 3.09% p.a.*, the real return for many is minimal, and in some cases, negative.

Choosing an online share trading platform is one of the first big money moves for any new investor. Do you go with a global brokerage known for aggressive pricing and advanced tools, or stick with the country’s largest retail broker backed by a major bank?

Greater Bank has reduced its variable home loan rates for the second time in just over two weeks, exceeding the 25 basis point cut that was passed on by the majority of providers in our database following the Reserve Bank’s rate cut decision in August.

After years of rising interest rates, the Reserve Bank of Australia (RBA) has shifted to a cautious easing cycle. As of September 2025, the cash rate sits at 3.60% – the first cuts in more than four years – offering relief to millions of variable-rate mortgage holders.

Imagine waking up to find an extra $10,000 in your bank account. A new survey from ING asked Australians exactly what they’d do with a sudden windfall – and the answers reveal a lot about our priorities across different age groups.

Welcome to Mozo Money Moves, your weekly round-up of what’s affecting your money and shaping your financial decisions. This week, we're examining the spring selling season, where a surge in the housing market is turning heads. We'll explore why home prices are setting new records and how lenders are responding to renewed consumer confidence with enticing cashback offers. With the next cash rate decision just around the corner, we'll also break down why the market is expecting a "hold" and what that means for your budget. Plus, we've got a new edition of our popular 'versus' series, pitting two major home insurers against each other, and all the tips you need to prepare for Black Friday, as well as other helpful money moves.

The countdown is on. Black Friday 2025 lands on 28 November, and millions of Australians are gearing up to spend big. For some, it’s an exciting start to the holiday season. For others, it can feel like a high-pressure dash that leaves them stressed and overspending.

Not all social media challenges are short-lived sensations. The ‘No Spend September’ challenge has been gaining traction with Aussies over the past few years, and for many who partake, the Joy of Missing Out (JOMO) has long term benefits for their ongoing financial situation and general well-being.