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Media releases
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New APRA rules curbing interest only loans show lenders haven’t done enough to dampen investor frenzy
31 Mar 2017
The Big 4 Banks have dramatically widened the interest rate gap between interest only loans and principal and interest loans over the past year, with analysis of APRA data by Mozo.com.au showing that interest only rates are now up to 22 basis points higher.
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ANZ rewards cards shake-up sees points earn rate plummet up to 62%
1 Mar 2017
ANZ has announced a major shake-up of its rewards credit cards effective today which will see points earn rates plummet by up to 62% once high-earning American Express companion cards are removed, says Mozo.com.au.
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One in five savings accounts now paying less than the Reserve Bank cash rate
23 Feb 2017
Savings account rates are tumbling in 2017, with more than 20% of savings accounts now paying less than the Reserve Bank cash rate of 1.50%, according to Mozo.com.au
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Australia’s best value savings, bank accounts and term deposits revealed
20 Feb 2017
Savers are being urged to look beyond the major players before parking their money in a deposit account after Mozo.com.au found the majority of the country’s best value deposit accounts are from mutuals and challenger banks.
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DIY lunchbox snack hacks help parents save hundreds by avoiding multipack mark-ups
14 Feb 2017
Aussie parents are set to be stung by the high cost of convenience this school year with pre-packaged snacks like boxes of sultanas, yoghurt and cheese and crackers costing hundreds of dollars more than simple DIY alternatives, according to Mozo.com.au.
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