RateCity.com.au

153 articles written by Patricia Babalis

Superannuation

Switching super: who would you turn to for advice?

Shocking new research from Roy Morgan has indicated that in the three years to November 2015 the average amount of superannuation switched per year was $35 billion with 31 per cent of switchers receiving no financial advice before making the move. As the government prepares to implement new laws, opening the $9 billion default super market to allow everyone to choose their own fund, this figure could soon be on the rise.

patricia-babalis

Patricia Babalis -

05 Feb, 2016 -

3 min read

Personal Loans

Personal loans for 457 visa holders in Australia

If you're a little strapped for cash in your adopted home there's good news regarding access to personal loans; it is possible. However, there are special conditions that apply that are worth noting before you commit to taking out a loan and they vary from lender to lender.

patricia-babalis

Patricia Babalis -

29 Jan, 2016 -

5 min read

Credit Cards

Is this finally the end of excessive surcharges?

At the end of last year Prime Minister Malcolm Turnbull put credit card surcharges in the news with widespread calls for their reduction and more monitoring to stop excessive charges.

patricia-babalis

Patricia Babalis -

29 Jan, 2016 -

3 min read

Home Loans

The beginning of the end? Drop in Sydney house price growth

As the saying goes, what goes up must come down, and for the first time since 2012 Sydney has experienced a record drop in the median house price, signalling an end to three and a half years of growth. Despite the first drop in the market since mid-2012, house prices in Sydney overall increased by 14.8 per cent in 2015 the Domain House Price Report has shown.

patricia-babalis

Patricia Babalis -

27 Jan, 2016 -

3 min read

Savings Accounts

10 free apps for money saving and budgeting

There's an app for everything now days so why not use them to give your savings a boost?

patricia-babalis

Patricia Babalis -

13 Jan, 2016 -

4 min read

Home Loans

Housing affordability decreases for owners and renters alike

Affording a house in Australia is only getting harder with the latest research from Moody’s Investors Service indicating a rise in the percentage of income going to mortgage repayments. Australian households are now spending an average of 29.3% of their monthly income on monthly repayments as of October 30th 2015, up from 28.2% last year.

patricia-babalis

Patricia Babalis -

13 Jan, 2016 -

3 min read

Savings Accounts

Robo-investing: would you trust a robot with your cash?

While robo-investing hasn't taken off in Australia the same way it has in America, it seems to be a matter of time.

patricia-babalis

Patricia Babalis -

08 Jan, 2016 -

4 min read

Superannuation

Fat Cat Funds are eating into your super investments

Alarming findings from the 2015 Stockspot Fat Cat Fund Report have estimated that 50 per cent of Australians under the age of 40 who are currently with a 'Fat Cat' superannuation fund won't have enough money to fund their own retirement.

patricia-babalis

Patricia Babalis -

05 Jan, 2016 -

4 min read

Credit Cards

7 tips to minimise your financial holiday hangover

Coming back from an overseas trip with enough money in your account to live off something fancier than baked beans is a trick many people have failed to master. To help you out this holiday season RateCity has compiled a list of our best travel savings tips that will help ease that holiday hangover.

patricia-babalis

Patricia Babalis -

23 Dec, 2015 -

5 min read

Savings Accounts

10 celebrity gifts you won't be getting this Christmas

With the season of giving upon us you may be feeling more generous than usual when purchasing gifts for your loved ones. But chances are you've never felt as generous as these celebs. To celebrate the holiday season RateCity has compiled a list of ten of the most expensive celebrity gifts ever given. But remember, it's the thought that counts so don't go digging into your savings account just yet.

patricia-babalis

Patricia Babalis -

23 Dec, 2015 -

3 min read