Aussies buckle down to save for a special occasion
Younger Aussies are spending less on the small stuff and saving up for big ticket items to make up for lost time during the pandemic.
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Macquarie Bank ups savings interest rate to 5.50% following RBA hike
In light of the recent RBA decision to increase the official cash rate to 4.35%, Macquarie Bank is bumping up the rates across its savings products.
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School’s (almost) out! Here are 4 savings accounts for young adults
With the end of year fast approaching, many young Aussies look forward to the school holidays or a much needed break from university.
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Bendigo Bank is Australia’s most trusted bank, says Roy Morgan
Bendigo has been labelled the most trusted bank in Australia for the second year in a row in Roy Morgan’s annual awards.
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Aussies aren’t spooked by Halloween spending, will spend close to $500m
Aussies will spend a whopping $490 million on Halloween celebrations in 2023, says the Australian Retailers Association and Roy Morgan. This figure represents a 14% increase, or $60 million, compared to the previous year.
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As Christmas budgets are squeezed, time to plan ahead and save
Australians are cutting back on spending in order to meet the upcoming Christmas holiday costs.
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Aussies feel better about economy but worry about our personal finances
Westpac reports that our mood as consumers has improved slightly but optimism remains in extremely short supply.
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As retail spending rises, should you double down on your savings?
Australian shoppers across the country spent a total of more than $35.4 billion in August, data from the Australian Bureau of Statistics (ABS) shows.
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Christmas shopping early? You’ll need a good savings plan
With less than 100 days to go before Christmas, you may be thinking about your tree and decorations, but how about all those gifts?
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How does $1000 grow in a high-interest savings account?
When it comes to money goals, a long-term view can lead to larger returns. But why is that? Generally, a mix of compound interest and regular monthly deposits can grow an initial balance of $1000 over a long period of time.
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