Rate cuts
ANZ has cut its 1 year fixed home loan interest rates by 50 basis points to 8.49%. ANZ has pledged to pass on in full, any RBA cut in offici...
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House prices fall in VIC
Average house prices in Victoria have fallen by 10 to 20% over the last year. Real estate agents report that homes in the outer suburbs of M...
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Reserve Bank may cut rates
Economists predict that the Reserve Bank may hand homeowners a 0.5% rate cut at its meeting next month. The Reserve Bank usually moves the c...
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1 in 10 young Australians moving back home to save money
According to a Galaxy Research survey commissioned by ING Direct, approximately 48% of Australians planned to make major lifestyle changes i...
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Jobless claims in US rise to six year high
The number of newly laid off Americans signing up for jobless benefits last week unexpectedly climbed to its highest point in more than six ...
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Lack of understanding for financial issues
According to a survey by Queensland University of Technology, men and women lack a basic understanding of key concepts, like compound intere...
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Pensioners can't survive on $273/week
According to seniors lobby groups, pensioners need an immediate raise in the base pension rate by $30 a week. Single rate pensioners on $273...
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