New home loan values reach record highs across Australia

The national average mortgage size for owner-occupiers has reached a record high of $595,568 according to new ABS data. Records were broken in every state and territory except WA.

Australians went on a record breaking $25.7 billion credit card spending-spree in November – but can they pay it back now?

Australians went on a huge shopping-spree in November making almost $69 billion of transactions on their credit cards and debit cards in November – the highest values since records began in 2002.

Boxing Day sales warning: don’t blow a hole in your budget bagging a ‘bargain’

Shoppers planning to spend big in the post-Christmas sales are being warned to create a budget and keep track of their spending.

ANZ gives savings rates a haircut

Australia’s fourth largest bank, ANZ, has today cut the interest rate on its popular savings accounts by 0.05 per cent.

No RBA move in 2021 but home loan rates have had a rollercoaster year

While the has left the cash rate untouched in 2021, home loan rates have been anything but stagnant.

CBA hikes fixed rates 3 times in 6 weeks

CBA increased its owner-occupier fixed rates by up to 0.30 per cent, while investor fixed rates rose by up to 0.60 per cent.

Black Friday warning: don’t send your budget into a black hole

Shoppers planning to spend big in the Black Friday and Cyber Monday sales are being warned to write out lists and set spending limits to avoid getting into trouble.

Westpac cuts rates on popular savings accounts

Australia’s second largest bank, Westpac, has today cut savings rates by 0.05 per cent.

ANZ joins the race to hike fixed rates

Australia’s fourth largest bank, ANZ, has hiked its fixed rates for the second time in three weeks.

Variable rates keep tumbling as ANZ joins 25 lenders cutting

ANZ has cuts its basic variable rate by up to 0.43 per cent for owner-occupiers paying principal and interest following similar cuts from CBA and NAB last month.