https://www.savings.com.au Savings.com.au offers practical money savings tips and financial comparison to help Australians save more on their home loans, car loans, credit cards and more. en-AU Thu, 21 Nov 2024 04:24:12 +1000 https://www.savings.com.au/media/icons/sca-rss-square.pnghttps://www.savings.com.au3232 Learn the different types of interest that savings accounts can pay in Australia to ensure you get the most out of your savings.http://www.savings.com.au/savings-accounts/types-of-savings-account-interest-ratesThu, 21 Nov 2024 04:09:47 +1000http://www.savings.com.au/savings-accounts/types-of-savings-account-interest-rates Westpac is officially predicting RBA cash rate cuts won't begin until May 2025, three months later than its previous February call.http://www.savings.com.au/news/westpac-rba-mayThu, 21 Nov 2024 12:40:44 +1000http://www.savings.com.au/news/westpac-rba-may Compare interest rates, features and fees on mortgages fixed for three years or less.http://www.savings.com.au/home-loans/3-year-fixed-home-loan-ratesWed, 20 Nov 2024 04:57:38 +1000http://www.savings.com.au/home-loans/3-year-fixed-home-loan-rates Discover how stamp duty is levied on any property you purchase and what the costs are for each Australian state and territory.http://www.savings.com.au/home-loans/stamp-duty-state-by-state-costsWed, 20 Nov 2024 02:25:16 +1000http://www.savings.com.au/home-loans/stamp-duty-state-by-state-costs The RBA board judged that policy settings needed to remain restrictive to ensure inflation returns to target sustainably after deliberating whether to move the cash rate at its November meeting.http://www.savings.com.au/news/rba-november-meeting-minutesTue, 19 Nov 2024 03:24:20 +1000http://www.savings.com.au/news/rba-november-meeting-minutes Thinking of choosing OMM for a Personal or Car Loan? Here's what to know about its personal loans.http://www.savings.com.au/personal-loans/lenders/ourmoneymarketTue, 19 Nov 2024 11:26:35 +1000http://www.savings.com.au/personal-loans/lenders/ourmoneymarket The financial regulator is taking legal action against National Australia Bank (NAB) for failing to respond to hundreds of its customers facing financial difficulties.http://www.savings.com.au/news/nab-charged-over-failing-hardship-customersMon, 18 Nov 2024 11:41:43 +1000http://www.savings.com.au/news/nab-charged-over-failing-hardship-customers Revolut has cut interest rates on its unsecured personal loan by 0.40%, with rates now starting at 6.56% p.a.http://www.savings.com.au/news/revolut-personal-loanFri, 15 Nov 2024 10:51:21 +1000http://www.savings.com.au/news/revolut-personal-loan Bank of Queensland was the biggest name to move in the term deposit market this week, but there were also notable new rates from Gateway Bank.http://www.savings.com.au/news/td-wrap-15novThu, 14 Nov 2024 02:56:49 +1000http://www.savings.com.au/news/td-wrap-15nov National Australia Bank (NAB) was among the lenders slashing basic variable home loan rates this week, with some falling up to 60 basis points.http://www.savings.com.au/news/nab-leads-basic-variable-home-loan-rate-cutsFri, 15 Nov 2024 09:45:57 +1000http://www.savings.com.au/news/nab-leads-basic-variable-home-loan-rate-cuts Learn how your principal place of residence is defined and why it’s important legally and at tax time.http://www.savings.com.au/home-loans/what-is-principal-place-of-residenceThu, 14 Nov 2024 04:50:44 +1000http://www.savings.com.au/home-loans/what-is-principal-place-of-residence National Australia Bank has revised its forecast of a cut to the Reserve Bank cash rate to May 2025.http://www.savings.com.au/news/nab-delays-rba-cash-rate-fall-to-may-2025Fri, 15 Nov 2024 04:35:31 +1000http://www.savings.com.au/news/nab-delays-rba-cash-rate-fall-to-may-2025 National Australia Bank has cut its base variable home loan rates by up to 60 basis points for new customers.http://www.savings.com.au/news/nab-slashes-base-variable-home-loan-ratesThu, 14 Nov 2024 10:22:02 +1000http://www.savings.com.au/news/nab-slashes-base-variable-home-loan-rates Data suggests the proportion of Australia's housing stock owned by property investors could be increasing.http://www.savings.com.au/news/how-much-australian-property-is-owned-by-investorsWed, 13 Nov 2024 03:42:38 +1000http://www.savings.com.au/news/how-much-australian-property-is-owned-by-investors Sick of hearing about comparison rates? You shouldn't be because the comparison rate is extremely important. Find out why.http://www.savings.com.au/home-loans/what-is-a-comparison-rateWed, 13 Nov 2024 12:12:18 +1000http://www.savings.com.au/home-loans/what-is-a-comparison-rate It’s reported Up Bank is preparing to raise its market-low variable home loan rate of 5.95% to 6.00% p.a. as Bendigo Bank’s digital bank celebrates its one millionth customer.http://www.savings.com.au/news/up-bank-to-up-the-market-s-lowest-variable-home-loan-rateWed, 13 Nov 2024 11:25:32 +1000http://www.savings.com.au/news/up-bank-to-up-the-market-s-lowest-variable-home-loan-rate 'Kit' is on a mission to help school aged kids and their parents build their financial capabilities in a digital world through fun, experiential learning.http://www.savings.com.au/news/kit-money-appTue, 12 Nov 2024 03:45:07 +1000http://www.savings.com.au/news/kit-money-app Breaking a fixed-rate home loan contract can be a costly exercise due to break fees. Discover what break fees are and how they’re calculated.http://www.savings.com.au/home-loans/what-are-break-fees-on-a-fixed-rate-home-loanFri, 08 Nov 2024 04:34:37 +1000http://www.savings.com.au/home-loans/what-are-break-fees-on-a-fixed-rate-home-loan Lenders continue to tweak fixed rates despite the RBA once again keeping the cash rate at 4.35%.http://www.savings.com.au/news/hl-wrap-nov8Thu, 07 Nov 2024 02:22:59 +1000http://www.savings.com.au/news/hl-wrap-nov8 Macquarie and AMP Bank have boosted their best rates to 4.95% amid a quiet week of rate drops on the term deposit market.http://www.savings.com.au/news/macquarie-lifts-top-term-deposit-rateFri, 08 Nov 2024 08:59:58 +1000http://www.savings.com.au/news/macquarie-lifts-top-term-deposit-rate The federal government is claiming credit for lowering inflation, yet the RBA governor says government spending may push it in the other direction. What gives?http://www.savings.com.au/news/government-spendingWed, 06 Nov 2024 03:34:27 +1000http://www.savings.com.au/news/government-spending The Hon Clare O'Neil says her biggest worry about the housing crisis is the "radically different" and "not fair" situation young people face compared to previous generations.http://www.savings.com.au/news/housing-minister-not-fairWed, 06 Nov 2024 12:37:41 +1000http://www.savings.com.au/news/housing-minister-not-fair As expected, the Reserve Bank of Australia has held the cash rate at 4.35% at its November board meeting.http://www.savings.com.au/news/no-surprises-cash-rate-remains-on-holdTue, 05 Nov 2024 04:16:04 +1000http://www.savings.com.au/news/no-surprises-cash-rate-remains-on-hold Equity in your home could allow you to buy a second property with no deposit. Discover how equity works when buying a second home.http://www.savings.com.au/home-loans/how-to-refinance-to-buy-a-second-propertyMon, 04 Nov 2024 03:31:05 +1000http://www.savings.com.au/home-loans/how-to-refinance-to-buy-a-second-property What you should know about using a mortgage broker to find a home loan and how it compares to finding a mortgage by yourself.http://www.savings.com.au/home-loans/what-are-mortgage-brokersTue, 19 Nov 2024 09:16:42 +1000http://www.savings.com.au/home-loans/what-are-mortgage-brokers There's widespread agreement there'll be no move in interest rates when the Reserve Bank of Australia delivers its cash rate decision on Tuesday.http://www.savings.com.au/news/all-bets-off-for-melbourne-cup-cash-rate-cutMon, 04 Nov 2024 11:04:22 +1000http://www.savings.com.au/news/all-bets-off-for-melbourne-cup-cash-rate-cut The Albanese Government has announced it intends for every Australian with an outstanding student loan to have their debt reduced by 20%.http://www.savings.com.au/news/university-debt-20-reductionMon, 04 Nov 2024 04:32:20 +1000http://www.savings.com.au/news/university-debt-20-reduction Looking to save some cash on your home loan? We have compiled some of the special home loan deals on offer from lenders across Australia.http://www.savings.com.au/home-loans/home-loan-offers-and-dealsFri, 01 Nov 2024 03:25:12 +1000http://www.savings.com.au/home-loans/home-loan-offers-and-deals What is mortgage default? What happens when you’re in default, and how can you avoid it? We answer those questions and more.http://www.savings.com.au/home-loans/mortgage-default-what-is-it-and-what-happensFri, 08 Nov 2024 04:04:56 +1000http://www.savings.com.au/home-loans/mortgage-default-what-is-it-and-what-happens Macquarie Bank, Heartland Bank and Bank of Sydney all boosted term deposit returns this week - and Australia has new market leading rates for nine month and one year terms.http://www.savings.com.au/news/heartland-bank-sydney-macquarie-td-rate-hikesThu, 31 Oct 2024 04:46:11 +1000http://www.savings.com.au/news/heartland-bank-sydney-macquarie-td-rate-hikes Mortgage rates continued to fall across the home loan market this week with ANZ the first of the big banks to drop some fixed rates below 6%.http://www.savings.com.au/news/anz-leads-home-loan-rate-cuttersFri, 01 Nov 2024 08:43:55 +1000http://www.savings.com.au/news/anz-leads-home-loan-rate-cutters Discover the latest statistics for home loans in Australia, including: average interest rates, average loan size, monthly first home buyer approvals and more.http://www.savings.com.au/home-loans/home-loan-statisticsFri, 01 Nov 2024 02:50:56 +1000http://www.savings.com.au/home-loans/home-loan-statistics Who's the biggest? Compare market cap, asset and deposit sizes of banks such as CommBank, Westpac, NAB, ANZ, Macquarie, ING and more.http://www.savings.com.au/home-loans/who-are-the-biggest-banks-in-australiaFri, 01 Nov 2024 08:27:06 +1000http://www.savings.com.au/home-loans/who-are-the-biggest-banks-in-australia For the first month since January 2023, the median house price in Sydney declined through October, as property price growth across the nation continues to ease.http://www.savings.com.au/news/october24-hviThu, 31 Oct 2024 04:44:41 +1000http://www.savings.com.au/news/october24-hvi Savings.com.au's Monthly Grocery Index compares prices of everyday, essential goods from Woolworths & Coles. Review November's Grocery Prices today!http://www.savings.com.au/statistics/grocery-price-indexThu, 31 Oct 2024 10:43:18 +1000http://www.savings.com.au/statistics/grocery-price-index CommBank's economics team has officially joined its big bank peers in tipping a fall in the cash rate in February in the wake of the latest inflation data.http://www.savings.com.au/news/cba-moves-rate-cut-forecast-to-february-2025Wed, 30 Oct 2024 06:13:08 +1000http://www.savings.com.au/news/cba-moves-rate-cut-forecast-to-february-2025 A huge increase to three month term deposit rates draws Bank of Sydney level with the market leaders, while six month returns also got a notable boost.http://www.savings.com.au/news/td-bank-of-sydneyWed, 30 Oct 2024 11:06:42 +1000http://www.savings.com.au/news/td-bank-of-sydney Australia’s annual headline inflation rate has dropped to 2.8%, within the Reserve Bank’s target range to entertain a cash rate cut, but there is more at play.http://www.savings.com.au/news/slowing-inflation-fuels-rate-cut-hopesWed, 30 Oct 2024 11:42:40 +1000http://www.savings.com.au/news/slowing-inflation-fuels-rate-cut-hopes Australians have until Thursday 31 October to lodge their personal tax returns or seek the services of a tax agent before penalties apply.http://www.savings.com.au/news/tax-deadline-loomsTue, 29 Oct 2024 04:30:36 +1000http://www.savings.com.au/news/tax-deadline-looms Australia is a popular investment location for its lifestyle and strong housing market. So how can foreigners get in on the action?http://www.savings.com.au/home-loans/can-foreigners-buy-investment-property-in-australiaFri, 08 Nov 2024 05:30:08 +1000http://www.savings.com.au/home-loans/can-foreigners-buy-investment-property-in-australia Many people think being a doctor is all high income and glamour, but you have to touch feet. Luckily there can be benefits for doctors when applying for a home loan.http://www.savings.com.au/home-loans/home-loans-for-doctorsFri, 08 Nov 2024 05:53:35 +1000http://www.savings.com.au/home-loans/home-loans-for-doctors Discover how Macquarie Bank has staked its claim in Australia's home lending market on the back of technological investment and impressive loan turnaround times.http://www.savings.com.au/home-loans/lenders/macquarie-bank-home-loans-reviewMon, 28 Oct 2024 01:49:14 +1000http://www.savings.com.au/home-loans/lenders/macquarie-bank-home-loans-review ANZ has made more cuts to its fixed home loan rates, dropping its lowest advertised fixed rate below its big bank competitors.http://www.savings.com.au/news/anz-drops-fixed-home-loan-ratesMon, 28 Oct 2024 11:56:37 +1000http://www.savings.com.au/news/anz-drops-fixed-home-loan-rates Confused about what a revert rate is? Here’s what you need to know.http://www.savings.com.au/home-loans/why-is-the-revert-rate-in-a-fixed-rate-mortgage-so-importantFri, 08 Nov 2024 01:02:21 +1000http://www.savings.com.au/home-loans/why-is-the-revert-rate-in-a-fixed-rate-mortgage-so-important AMP tweaked variable rates for both investors and owner occupiers this week, with some borrowers set to enjoy a cut while others will see repayments increase.http://www.savings.com.au/news/amp-home-loan-wrap-25-octoberThu, 24 Oct 2024 03:41:03 +1000http://www.savings.com.au/news/amp-home-loan-wrap-25-october Macquarie Bank has dropped its highest term deposit offering in a week where the general market movement was downward.http://www.savings.com.au/news/macquarie-bendigo-shift-term-deposit-ratesFri, 25 Oct 2024 08:57:46 +1000http://www.savings.com.au/news/macquarie-bendigo-shift-term-deposit-rates The online bank is dropping the introductory rate on its personal savings accounts by 15 basis points, down from a market-leading 5.75%.http://www.savings.com.au/news/rabobank-cuts-savings-intro-rate-to-5-6Wed, 23 Oct 2024 02:04:39 +1000http://www.savings.com.au/news/rabobank-cuts-savings-intro-rate-to-5-6 It all boils down to living below your means and planning, according to one financial expert.http://www.savings.com.au/news/how-to-retire-at-50Wed, 23 Oct 2024 01:26:56 +1000http://www.savings.com.au/news/how-to-retire-at-50 Want to bet how bad Australians are at gambling? Discover the latest statistics on how much we gamble, how much we lose and why the experts think we do it.http://www.savings.com.au/statistics/gambling-statistics-australiaMon, 18 Nov 2024 04:23:23 +1000http://www.savings.com.au/statistics/gambling-statistics-australia Stamp duty can be a costly barrier to homeownership for many, so how can you avoid paying it?http://www.savings.com.au/home-loans/state-and-territory-stamp-duty-exemptions-breakdownFri, 08 Nov 2024 04:46:40 +1000http://www.savings.com.au/home-loans/state-and-territory-stamp-duty-exemptions-breakdown