Black Friday/Cyber Monday is a major global shopping event, and as more people shop online for holiday deals, there’s a higher chance of cybercrime. In fact, personal finance experts, at Wealth of Geeks are warning shoppers who rush to grab the best deals to be extra vigilant of circulating scams that appear year on year….
The overseas-born population in Australia grew by 155,000 people in 2022, increasing to 29.5 per cent of the nation’s total population, according to the latest data released by the Australian Bureau of Statistics (ABS). Jenny Dobak, ABS head of migration statistics, said: “On 30 June 2022, Australian residents born overseas made up 7.7 million of Australia’s…
For the first time in over a year, Victoria is the country’s best-performing economy according to the latest CommSec State of the States report. Strong economic activity, solid retail spending and business investment catapulted Victoria from fifth place in the previous survey (July 2023) to the number one spot today, with the state also recording…
The annual Consumer Price Index has clocked in at 5.4 per cent for the September quarter, fuelling the possibility of another rate hike as soon as Tuesday 7 November. As a result, two of the big four bank economic teams – CBA and ANZ – have now said they expect the RBA will increase the…
When was the last time you used an ATM? As banks and customers move transactions online, the number of ATMs and bank branches has dropped by more than one in 10 in the last financial year, according to the latest APRA Points of Presence data for June 2023. In fact, the report shows number of…
You’ve probably heard that repaying fortnightly or weekly can help you pay off your mortgage years earlier and save tens of thousands in interest. However research from RateCity.com.au has found that the way lenders calculate these payments could catch them off guard. If you’re thinking about switching to fortnightly payments to save money, remember that…
