Australia in recession – how to secure your finances

Australia is now in a recession, confirmed Treasurer Josh Frydenberg today, a result of the impacts of the COVID-19 pandemic and the catastrophic summer bushfire season.

Australia's best term deposits for May 2020

Getting the most out of your savings can be a challenge when term deposit interest rates are currently sitting at historic lows. However, in this growing period of uncertainty, one thing term deposits may offer your savings is (almost) guaranteed returns.

Westpac extends mortgage assistance for COVID-19 affected households

Westpac has handed struggling homeowners another lifeline, announcing further extensions to its COVID-19 hardship support program.

NAB checking repayment ability of mortgage relief customers for COVID-19

If you’re one of the 80,000 NAB customers who deferred their mortgage repayments due to financial strain from the COVID-19 crisis, you can expect a call from your bank shortly.

Five ways to protect your finances from a COVID-19 hangover

The economic impact of COVID-19 is expected to last for two years, but there are ways that everyday Aussies can protect their finances for the foreseeable future.

The calm before the storm: home lending up in March

New figures released from the Australian Bureau of Statistics (ABS) show that new home lending rose slightly in the month of March.

Why Virgin Velocity points owners may want to sit tight

It’s been a very difficult month for Virgin Australia, as the Australian airline stood down 8,000 workers and announced it would go into voluntary administration on the back of the COVID-19 crisis.

Westpac customers finally have access to Apple Pay

After four years of waiting, Westpac customers finally have access to Apple Pay.

Westpac pauses credit card interest charges for COVID-19

One of Australia’s big four banks, Westpac, has announced it will support Australians who are doing it tough due to COVID-19 by allowing eligible customers to pause their credit card interest charges and repayments for a three-month support period.

State of play - savings accounts then and now

It’s more important than ever for Aussies to take charge of their finances and ensure they’re getting the most competitive deal on their savings account(s).