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High-interest cards cost Aussies over $468m

Australians cost themselves more than $468 million over the past six years by not switching to low-interest credit cards. A new Australian Securities & Investments

World eyes bulging billionaire balance sheets

Australian billionaires have increased their wealth by more than 70 percent in less than five years. New analysis from Oxfam, released today ahead of a meeting of G20

Green shoots in consumer confidence

Australian consumer confidence has hit a six-month high, with the largest weekly jump in more than three years. ANZ Economist Madeline Dunk said consumer confidence rose

Spending cuts entrenched in daily lives

Australians continue to cut back on spending across the board, but are working hard to minimise the impact on their children and pets. The latest NAB Consumer Sentiment

Generation gap emerges in eco-spending

A distinct generation gap has emerged in “sustainable” spending habits as 40 percent of people say they are cutting back on purchases of new products. A survey of

Spending data reveals divergent trends

Australians increased spending on travel and gyms last month, propping up sluggish overall household spending, as renters continued to struggle. The June CommBank

Aussie gamblers prop up business turnover

A spike in gambling in Australia prevented business turnover from falling into negative territory in May. The latest Australian Bureau of Statistics (ABS) data, released

Queensland house loans rise $70,000 in a year

The value of an average new housing loan in Queensland has jumped by more than $70,000 in a single year. Australian Bureau of Statistics housing loan data shows the

State rental ‘extreme pain’ continues to rise

The proportion of Queensland suburbs in “extreme” rental pain is continuing to rise despite most other states experiencing minor improvements. The July Rental Pain

Mobile payments surge past cash withdrawals

The value of purchases made with mobile phones in Australia has passed the amount of cash withdrawn from ATMs. A new report from the Australian Banking Association (ABA)

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