NAB report shows Aussies want to save money and the environment
Travel, environmental impacts and budgeting are among the top concerns for Australians moving beyond lockdown conditions, according to a new NAB report.
86 400, Up and BOQ provide sanctuary for savers as rates are further savaged
Australian savers just can’t catch a break. Over the past few years, rates have fallen again and again to the point where the average ongoing savings account interest rate in the Mozo database sits at just 0.74% today.
How to save money during a recession
Since the Australian Bureau of Statistics released the GDP summary last Wednesday, the word ‘recession’ has really been bandied around. According to the summary, Australia’s GDP fell by 0.03% in the March quarter, meaning quite simply that the economy is on a downward spiral.
65% of retirees are worried about their retirement income
Most Australian retirees are now worried about their retirement income (65%), according to new research from investment management firm Challenger.
May savings account snapshot: Leading rates plunge below 2.00%
It’ll come as no surprise to savers who’ve been monitoring their dwindling interest returns that rates across savings accounts saw more cuts in May.
Covid-19 leads to fall in rent prices: Is now the time to move and save?
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*.
ME Bank extends bonus savings rate for another month
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.
How to change careers post-Covid without hurting your finances
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.
Aussies embrace WFH wardrobe, but have we dropped the ball on saving?
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.
Don’t get attached to JobKeeper, says PM
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.