New research from Mozo reveals that Australians are leaving significant money on the table through simple savings missteps. The 2025 Savings Report analysed 264 savings products from 84 providers and surveyed over 1,000 Australians, uncovering five critical errors that could be costing you hundreds in potential interest.
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Economic uncertainty partly caused by recent tariffs has seen big drops in the stock market this week. As you would expect, people are understandably anxious about their cash.
Consumer confidence dropped 2 points to 87.7 over the past week after a significant increase the week before, says Roy Morgan.
One of the easiest ways you can maximise your money is by signing up to a high interest savings account, yet the latest survey data from Mozo reveals that Aussies have their head in the sand with a whopping 69% saying they have never switched savings accounts.
I’ll admit it, I’m a big spender. I regularly splash out on the latest kicks (especially during sale season), eating out, weekends away and buying my kids toys they definitely don’t need. But all this spending has got me thinking, surely I’m not the only person in Australia with a spending problem?
With inflation at an all time high and the cost of living having a choke-hold on many Australian families, it’s time to think smarter when it comes to making your money work harder for you. So what better time to boost your savings interest rate with a few smart moves that could triple your returns?
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What if you could pocket a sweet cashback bonus just for making smarter financial choices? Whether it’s opening a new savings account or signing up for travel or car insurance, cashback offers are a great way to give your finances a boost without lifting a finger.
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Financial security isn't just about having money saved, it's also about the peace of mind that brings.
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Kickstart 2025 with a boost to your savings! ING is offering new customers the chance to earn $100 cashback when they sign up for an Orange Everyday and Savings Maximiser bundle.
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As 2025 gets started and the likelihood of cash rate cuts increase, it’s possible that savings rates will see a downward trend this year.