You may have enjoyed a quaint summer break relaxing by the beach, but some of Australia’s biggest banks were busy, cutting rates on savings accounts across December and January.
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One of the two biggest resolutions around are to lose weight and save money, so how does shedding some of the holiday kilos while saving around $30,000 sound?
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The pain has continued today for Australians eager to get the best returns on their savings account balances, with RAMS becoming the latest online provider to slash rates - dropping its Saver Account interest rate by 20 basis points from 3.00% to 2.80%.
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That’s the hope of RaboDirect who today launched its “Feel Good AR” augmented reality app to help Aussies stop and think about the link between food waste, sustainability and savings.
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For young Aussies, the downside to parents shelling out a collective $65.3 billion to help their kids get into the property market may be that leaving an inheritance is no longer a priority for the older generation, according to a report from National Seniors Australia.
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The 12th Annual Choice Shonky Awards were held today, naming and shaming the biggest lemons from 2017. Among the “winners” was big bank Westpac, for it’s much-hyped Bump Account.
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Millennials could be losing more than a quarter of their super balance to fees if they haven’t chosen their super fund correctly, revealed the 2017 Stockspot Fat Cat Funds report.
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We’re not too handy at keeping track of our coinage and it’s costing us $466 million per year, according to new research by financial provider ING.
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Aussies are splurging more on holiday accommodation, food and arts and recreation activities, instead of retail goods, according to recent data from NAB.
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Gather your friends around because it’s time to take a Welfie!
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