COVID-19 drags women 36 years away from economic equality

COVID-19 has pulled Australian women four years further from economic gender equality, with the economic shock leaving more women without full-time jobs.

ME Bank enables Google Pay as shoppers turn away from cash amid COVID-19

ME Bank has switched on Google Pay for its customers who have an Android smartphone or wearable.

ME Bank, People’s Choice and 86 400 cut home loan rates in two days

Three mortgage lenders have reduced their interest rates in the span of two days, as competition intensifies among lenders.

Mortgage rate gap between owner-occupiers and investor home loan rates shrinks

The rift between owner-occupier and investor mortgage rates is narrowing, and investors can expect this to continue as new investor lending dwindles.

Regional housing values hold up stronger than capital city properties

Australia’s major regional housing markets are holding up stronger than capital city properties during the COVID-19 downturn.

Two-tier rental market emerges as inner Sydney and Melbourne rental stock shoots up

Rental listings have shot up in inner city pockets of Sydney and Melbourne since COVID-19, despite Australia’s broader rental market beginning to tighten.

Surge in sellers axing property prices, but discounts smaller than 2019

More property sellers across Australia are marking down their listing prices amid a COVID-19 impacted market.

UK fintech Revolut brings new money app down under

Revolut has rolled out a money app in the growing Australian fintech market, which brings together budget management and fee-free money transfers in one app.

Athena offers automatic interest rate cuts to mortgage holders

Digital-only home loan lender Athena is dishing out automatic interest rate cuts to borrowers as they pay off bigger chunks of their mortgages.

Mortgage stress affecting 40% of households, despite property market aflush with stimulus

Billions of dollars’ worth of government and bank support has failed to put a lid on mortgage stress, soaring to its highest level ever.