Savings account news and advice

Thursday 16 January 2020

In a surprise move announced yesterday and implemented today, NAB has reduced interest rates on two popular savings accounts by up to 0.15%

Monday 13 January 2020

The new year hasn’t started with a bang for Aussie savers, but rather a whimper. Right now, the average savings account rate in the Mozo database sits at a paltry 0.98%,* and may tumble even further over the year, as our money experts predict two more RBA cuts are in the pipeline for 2020. 

Friday 10 January 2020

If it’s seeming more and more difficult to save money nowadays, you can take some solace in knowing you’re not the only one. A recent study by ME found that inadequate incomes are the main thing keeping Australians from reaching their financial goals in 2020. 

Thursday 09 January 2020

It’s a new year, a new decade in fact, so what better time than now to shoot for the stars by setting a serious savings goal for 2020? 

Wednesday 08 January 2020

Still need to set your new year’s financial resolutions? Well, take inspiration from online bank UBank’s interesting new data which reveals the most popular savings goals among Aussies in 2020 and how much they’re saving towards them.

Wednesday 08 January 2020

At the start of every new year, it seems that everyone has got the same goal in mind: to save more money. But obstacles and temptations abound, and even after a few setbacks it’s easy to become demoralised.

Thursday 02 January 2020

The doors to 2020 have opened, and with it, the opportunity to kick start the year with some healthier money habits that will also lead to a wealthier you this year. 

Saturday 21 December 2019

With interest rates in Australia stuck at an all time low, getting the best value savings account is critical, whether you’re wanting to maximise your interest rate or reach your savings goal faster, 

Thursday 19 December 2019

It’s no secret that the word “sustainable” along with “ethical” “eco-friendly” and “green” have become the buzzwords of 2019. But when it comes to gift giving what does it actually mean? What is a sustainable present? 

Friday 06 December 2019

With belts tightening all across the country, it’s important to keep a close eye on which savings accounts will give the best bang for your buck, but with so many out there it can easily get confusing. That’s where Mozo experts come in.