How to survive cost of living crisis, cheapest Easter Show Showbags & Optus SubHub: This week’s best banking news

- 10 Ways to Survive the Cost of Living Crisis
- Cash rate to rise in June, peak at 2% in mid-2023: Westpac
- Cheapest Easter Show showbags 2022
- Why do investors pay more for a home loan?
- Everything you need to know about Optus SubHub
- Sydney & Melbourne’s national housing values showed a decline, says CoreLogic
All in this week’s best banking news recap: editor’s pick.
10 Ways to Survive the Cost of Living Crisis
From sky-high petrol prices to the rising cost of just about everything but the kitchen sink (TBH, that’s probably gone up too), Aussies just can’t catch a break.
For real, though. You’re probably just as sick of hearing about the rising cost of living as I am writing about it.
Nonetheless, I’d say it shan't be leaving the news cycle anytime soon (apologies to the both of us). So the least we can do is share some of our top tips to help you get through it - united we stand!
Read the full article: 10 Ways to Survive the Cost of Living Crisis to help you keep going while the going gets tough.
Cash rate to rise in June, peak at 2% in mid-2023: Westpac
Well, folks. After a surprise shift in messaging by the Reserve Bank of Australia at its latest policy meeting, Westpac economists have brought forward their initial interest rate hike expectations.
Westpac now anticipates a 15 basis point increase in June and an additional four cuts in 2022, ending the year with a 1.25% cash rate.
“The Reserve Bank Governor surprised us on Tuesday with the Board’s decision to abandon its patient approach to monetary policy,” said Westpac chief economist Bill Evans.
Read the full article: Cash rate to rise in June, peak at 2% in mid-2023: Westpac for the full scoop.
Cheapest Easter Show showbags 2022

Ladies and gentlemen, boys and girls. Come one, come all - the 2022 Sydney Royal Easter Show has officially begun! It’s time to get your annual Dagwood Dog and $2 toastie fix.
But what’s a day out at the Show without a showbag or two to take home? Lucky for you, we’ve just compiled a massive list of all the cheapest showbags - we even broke them down into categories!
Read the full article: Cheapest Easter Show showbags 2022 so you can walk into the showbag pavilion like you own the dang place!
Why do investors pay more for a home loan?
Whether you’re buying your first investment property or you’re on your way to becoming the next Chuck Bass in the Aussie property scene - investing in real estate has many benefits.
However, you might be wondering why investors seem to cop much higher home loan interest rates (sometimes as much as 40 basis points) than owner-occupiers?
Read the full article: Why do investors pay more for a home loan? for the full rundown.
Everything you need to know about Optus SubHub

Netflix, Amazon Prime - it seems like a new streaming service pops up every day! But one’s never enough…
It’s great having access to endless content, but staying on top of multiple subscriptions can be a real chore. That’s where Optus SubHub comes in!
At the end of last year, Optus launched ‘SubHub’, a subscription bundling platform that helps eligible Optus customers manage and save on their subs by combining them all into one payment.
Read the full article: Everything you need to know about Optus SubHub for your guide to managing your subscriptions.
Sydney & Melbourne’s national housing values showed a decline, says CoreLogic
With Australian property prices going through the roof for what feels like yonks, news from CoreLogic’s latest home value index that the market is finally slowing down is sure to be welcomed with open arms.
According to the report, in the first quarter of 2022, national dwelling values went up by 2.4%, less than half of 2021’s 5.8% first-quarter rise.
The report also revealed that the Sydney market is starting to slow down with just a 0.3% growth rate (versus 9.3% this time last year). Similarly, Melbourne saw a growth of just 0.1%, quite a difference from last year’s first quarter when it was at 5.8%.
Read full article: Sydney & Melbourne’s national housing values showed a decline, says CoreLogic for all the deets.
On the hunt for a hot new home loan? Jump on our free home loan comparison tool below to compare home loan options today.
Compare Home Loans today - rates updated daily
- Featured Product
Neat Home Loan
Owner Occupier, Principal & Interest, LVR <60%
interest rate
comparison rate
2.64% p.a. variable2.65% p.a.Neat Home Loan
Low variable rate. Ideal for buyers or investors. No annual fees to pay. Unlimited additional repayments. Free redraw facility available. Fast digital application. 40% deposit required. Winner of Mozo Experts Choice Australia's Best Essential Bank 2022^.
- interest rate
- 2.64% p.a. variable
- comparison rate
- 2.65% p.a.
- Upfront fees
- $250
- Ongoing fees
- $0.00
- Discharge Fee
- $300.00
- Extra repayments
- yes - free
- Redraw facility
- yes - free
- Offset account
- no
- Maximum loan to value ratio
- 60.00%
- minimum borrowing amount
- $80,000
- maximum borrowing amount
- $5,000,000
- type of mortgage
- Variable
- Repayment types
- Principal & Interest
- Availability
- Owner Occupier
- Repayment options
- Weekly, Fortnightly, Monthly
- Special Offers
- -
Read our Mozo Review to learn more about the Neat Home Loan
Smart Booster Home Loan
2 Year Discounted Variable Rate, Owner Occupier, Principal & Interest, <80% LVR
interest rate
comparison rate
2.60% p.a.variable for 24 months and then 3.00% p.a. variable2.96% p.a.Smart Booster Home Loan
New super low introductory rate home loan for two years. Min 20% deposit. No monthly or ongoing fees. Fast settlement times. Mozo award-winning online lender. Friendly, local Australian based team.
- interest rate
- 2.60% p.a.variable for 24 months and then 3.00% p.a. variable
- comparison rate
- 2.96% p.a.
- Upfront fees
- $520
- Ongoing fees
- $0.00
- Discharge Fee
- $0.00
- Extra repayments
- yes - free
- Redraw facility
- yes - free
- Offset account
- Optional - with 0.10% additional interest
- Maximum loan to value ratio
- 80.00%
- minimum borrowing amount
- $50,000
- maximum borrowing amount
- $1,000,000
- type of mortgage
- Variable
- Repayment types
- Principal & Interest
- Availability
- Owner Occupier
- Repayment options
- Weekly, Fortnightly, Monthly
- Special Offers
- -
Read our Mozo Review to learn more about the Smart Booster Home Loan
Unloan Variable
Owner Occupier, Refinance Only
interest rate
comparison rate
2.64% p.a. variable2.56% p.a.Unloan Variable
For refinancers only. Built by CommBank, the Unloan is the first home loan with an increasing discount (conditions apply) for borrowers. No application or banking fees. No monthly account keeping or early exit fees. Apply in as little as 10 minutes.
- interest rate
- 2.64% p.a. variable
- comparison rate
- 2.56% p.a.
- Upfront fees
- $0
- Ongoing fees
- -
- Discharge Fee
- $0.00
- Extra repayments
- yes - free
- Redraw facility
- yes - free
- Offset account
- no
- Maximum loan to value ratio
- 80.00%
- minimum borrowing amount
- $10,000
- maximum borrowing amount
- $3,000,000
- type of mortgage
- Variable
- Repayment types
- Principal & Interest
- Availability
- Owner Occupier
- Repayment options
- Weekly, Fortnightly, Monthly
- Special Offers
- -
Read our Mozo Review to learn more about the Unloan Variable
Variable Rate Home Loan
Owner Occupier, Principal & Interest, LVR <80%
interest rate
comparison rate
2.59% p.a. variable2.49% p.a.Variable Rate Home Loan
$5000 refinance cashback. Owner-occupier refinancers only living in NSW/VIC/SA metro and inner regional areas. Receive up to an additional 0.15% off your rate as you pay off the loan. Receive bonus payments up to $2,500. T&Cs apply. Mozo Experts Choice Award winner for 2022^.
- interest rate
- 2.59% p.a. variable
- comparison rate
- 2.49% p.a.
- Upfront fees
- $0
- Ongoing fees
- $0.00
- Discharge Fee
- $0.00
- Extra repayments
- yes - free
- Redraw facility
- no
- Offset account
- no
- Maximum loan to value ratio
- 80.00%
- minimum borrowing amount
- $20,000
- maximum borrowing amount
- $2,000,000
- type of mortgage
- Variable
- Repayment types
- Principal & Interest
- Availability
- Owner Occupier
- Repayment options
- Fortnightly, Monthly
- Special Offers
- Receive $5000 cashback for Owner Occupier Refinancers only in eligible areas only.
Read our Mozo Review to learn more about the Variable Rate Home Loan
Basic Home Loan
Owner Occupier, LVR<60%, Principal & Interest
interest rate
comparison rate
2.84% p.a. variable2.84% p.a.Basic Home Loan
Enjoy a low rate home loan with $0 application fee and $0 ongoing fees. Flexibility to split your loan and set different repayment types. Fee free redraw from your loan using online banking. Flexible ways to repay. Apply online in as little as 15 minutes.
- interest rate
- 2.84% p.a. variable
- comparison rate
- 2.84% p.a.
- Upfront fees
- $0
- Ongoing fees
- $0.00
- Discharge Fee
- $400.00
- Extra repayments
- yes - free
- Redraw facility
- yes - free
- Offset account
- no
- Maximum loan to value ratio
- 60.00%
- minimum borrowing amount
- $150,000
- maximum borrowing amount
- $5,000,000
- type of mortgage
- Variable
- Repayment types
- Principal & Interest
- Availability
- Owner Occupier
- Repayment options
- Monthly
- Special Offers
- -
Read our Mozo Review to learn more about the Basic Home Loan
* WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
** Initial monthly repayment figures are estimates only, based on the advertised rate, loan amount and term entered. Rates, fees and charges and therefore the total cost of the loan may vary depending on your loan amount, loan term, and credit history. Actual repayments will depend on your individual circumstances and interest rate changes.
Mozo provides general product information. We don't consider your personal objectives, financial situation or needs and we aren't recommending any specific product to you. You should make your own decision after reading the PDS or offer documentation, or seeking independent advice.
While we pride ourselves on covering a wide range of products, we don't cover every product in the market. If you decide to apply for a product through our website, you will be dealing directly with the provider of that product and not with Mozo.