As well as travel bans and increased unemployment, the Covid-19 pandemic has also led to a dramatic rise in the number of vacant properties across Australia. According to SQM Research there were over 20,000 more vacant homes in May 2020 compared to February 2020*.
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To the relief of its savers, ME Bank announced yesterday that it will be extending its automatic bonus savings rates until the end of June 2020.
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The Covid-19 health crisis sure has given us plenty of time to do some soul searching. So much so, in fact, that according to a report by ING 3.3 million Aussies are thinking about changing careers when lockdown is over.
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When was the last time you put on a pair of jeans? Or something a little more professional than your track pants? If you can’t remember, then it’s safe to say you’ve been working from home for a while.
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It’s been just over a month since the official launch of the JobKeeper program, but Prime Minister Scott Morrison has already suggested it might have an earlier end date than expected.
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With many Aussies facing reduced income and tighter budgets, UBank is offering customers an opportunity to get more out of their savings.
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Let’s not beat around the bush. The COVID-19 pandemic has had a devastating impact on the economy and it’s negatively affected the financial positions of hundreds of thousands of Australians.
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While hunkering down with a calculator, bills, loan schedules and spreadsheets isn’t everyone’s idea of a good time, creating a budget is always a good investment. In fair economic weather, it can help you reach savings goals or pay down debt faster, but if you’re facing tough financial times, it can be even more valuable.
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A flurry of rate cuts in the month of April have left Bank of Queensland (BOQ) as the only remaining bank being tracked in the Mozo database to offer an ongoing savings account rate starting with a ‘2’.
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From impulse purchases online to continuing to pay for a service you no longer use, opportunities to throw your hard earned dollars away are everywhere.
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