Finance News

Applications are now open for the First Home Loan Deposit Scheme (New Homes) grant program. We take a look at how it works, who can apply and what properties can be purchased.

The RBA has announced it will use quantitative easing in a bid to stimulate the Australian economy. We break down what this means.

Commonwealth Bank was the first to fire out of the major banks, announcing it would drop fixed rate loans for owner occupiers and introduce it's lowest ever advertised home loan rate.

The official cash rate has been cut to an all time low of 0.10% in a bid to quicken the economy’s recovery out of recession. While this is likely to see savers bear the brunt of...

Homestar Finance has jumped the gun ahead of today's cash rate decision and delivered an interest rate cut for new home loan customers looking to refinance. The offer is available for a limited time.

Missed out on the First Home Loan Deposit Scheme but don't want to pay expensive lender's mortgage insurance? Some lenders are offering discounts on LMI, with one even charging $0.

NAB's customers reported problems accessing their accounts via mobile and internet banking services on Monday. The nabtrade platform was also down, along with the bank's EFTPOS terminals.

Savers continue to absorb the blow of falling interest rates, with a few popular neobanks and one of Australia's largest banks announcing more cuts this week. But there are still higher rates out there for the conscientious saver.

Australian workers will soon be given more freedom when it comes to choosing their super fund. In the Federal Budget, released this month, Australian Treasurer Josh Frydenberg said the Your Future, Your Super package would allow employees...

The First Home Loan Deposit Scheme has been extended from 6 October, 2020, allowing some first home buyers to buy a new house with just a 5% deposit and not pay mortgage insurance fees. But how...

The Reserve Bank of Australia (RBA) has announced it will leave the official cash rate at a record low of 0.25% for October. So, how could this decision impact your home loan, savings and term deposit...

Millions of Australians may be forking out money for avoidable banking fees, according to new data that shows we pay an average of $876 in unchallenged fees each year. A Canstar survey of 1,024 Australian adults...

Commonwealth Bank has taken the knife to some of its ‘no-frills’ variable home loans, making rate reductions of 0.10 percentage points for owner-occupiers and up to 0.15 percentage points for investors. Today’s rate cuts from CommBank...

For many Australians, the holiday from paying higher health insurance premiums is about to end. It’s not too late to save money on health insurance though, one expert explains. Many health insurers postponed increasing premiums in...

If you are unable to go to work due to coronavirus-related self-isolation or quarantine, there may be some financial support options available to you. As the number of Australian cases continues to fluctuate, the COVID-19 pandemic...

One lender has seen a record 71% jump in home loan pre-approvals amid the COVID-19 pandemic, empowering many first home buyers as they head into what could be a “bumper” spring period for home buying. But...

Reduce Home Loans has introduced a new record-low home loan rate that may appeal to some refinancers looking to take advantage of cheaper deals. Reduce Home Loans has launched its new Rate Cutter Variable home loan...

UPDATED: Reduce Home Loans has edged ahead in the “lowest rate home loan” race, launching an introductory rate of just 1.90% (comparison rate 2.39%). Three days after its initial launch on 1 September, the lender altered...

Some Westpac customers experienced issues trying to access their online accounts on Monday after the bank updated its internet and mobile banking service, Westpac Live. Update 3.42pm AEST: Westpac said its mobile and online banking services...

One neobank has increased its cash offer for new customer referrals to its bank accounts this month. We asked the experts if a cash bonus is worth the switch for new customers, how these schemes work...