The one bill Aussies won't skip, borrowing power plunges 20%, and inflation figures to be updated monthly. Here are five things you may have missed this week. Australians have a clear bill-paying pecking order Consumers are most likely to default ...
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Electric vehicles are the minnows of the new car industry in Australia, but they're fast becoming the main game. In the first six months of 2022, EVs made up almost 2% of the market, but that's expected to rise significantly in the second half ...
Imagine waking up to find that your bank balance has a couple more zeros on the end of it than it did the day before. That's exactly what happened to Melbourne woman Thevamanogari Manivel in May last year who, according to documents from an ongoing ...
Dear Paul, My 29-year-old daughter has a $40,000 HECS bill, $15,000 car loan, pays $350 a week rent and is trying to save a deposit to buy a studio. Should I help her and pay the HECS like her friends' parents did? I worry she will never be able ...
$1.28 trillion - it's a mammoth figure, but according to the latest statistics from the Australian Prudential Regulation Authority (APRA), that's the total value of household deposits which are currently stashed away in the country's authorised ...
In the past few weeks significant numbers have told a story about the state of Australia's economy - GDP and interest rates. Looking at either in isolation might spark ideas about how to approach your own financial situation, such as adjusting your ...
Money Queens By Michelle Bowes Affirm Press, $24.99 Who better to review a guide to money for teen girls than a teen girl herself. Eighteen-year-old Gracie Lynch gives the book the thumbs up and found Money Queens to be "very beneficial and educational ...
Making your income last from one payday to the next can be a balancing act at the best of times, let alone when elevated living costs are taking a larger chunk of our money than usual. Over the past year, nine in 10 Australians surveyed by consumer ...
ASIC has so far secured more than $102 million in remediation for Freedom Insurance customers and is urging anyone else who purchased life cover through the now-defunct insurer to come forward. Freedom Insurance went out of business after ASIC's ...
Property prices may have started to retreat from their recent highs, but there's no denying that purchasing a home has become a more and more expensive undertaking in recent years. In fact, since June 2020, the average Australian mortgage has jumped ...
