Money squeezed Aussies are looking to sell their stuff to pocket $5800: Gumtree

Australians feeling the financial squeeze of the coronavirus pandemic are looking to pocket about $5800 in extra cash by selling some of their unwanted stuff, a new report reveals.

New car sales tumble creating bargain opportunities for buyers

New car annual sales experienced a significant drop compared to a year earlier, an analysis of car sales found, shifting bargaining power away from dealers and towards buyers.

Banks warn selling the family home should be an option for a struggling few

Senior bank executives are warning some customers may have to sell their homes and downsize, rather than being saddled with compounding interest on a mortgage they can't afford.

RBA: Australian property market can withstand a 40% crash

The Australian property market could withstand an ‘extreme’ scenario of dropping 40 per cent in value at a time of high unemployment, the RBA has said.

Number of people dipping into super drops to record low: APRA

The number of people dipping into their retirement fund to fare the pandemic has reached an all time low, but industry groups warn younger generations will retire with $100 billion less.

COVID: To understand housing market’s recovery, investor group studies GFC

Property prices went up by 30 per cent or more in the Australian suburbs that best recovered from the GFC, research by an investment group found, offering insight into the recovery after COVID-19.

First sub 2 per cent investor mortgage offered by Loans.com.au

An online lender has become the first in the industry to offer investors a mortgage rate below the coveted 2 per cent mark -- but there are a couple of conditions that need to be met.

Risk and reward: COVID sows confusion in the mortgage market, survey finds

People are worried they don’t have the job security they need to buy a property, according to a new report, at a time when 10 per cent of the working population are forecast to be out of work.

Westpac drops commissions for all customer facing staff, but what about the rest?

Westpac has changed the way it pays the workers people interact with, whether it’s in a branch or over the phone, choosing to drop controversial commission payments in favour of paying them a fixed salary.

CBA: Australia’s largest bank cuts interest rates on saving accounts

The largest bank in Australia has reduced how much money people’s savings could earn in interest with an out-of-cycle cut.