If you are going to save money then it should go without saying that you want the best rate – but are you getting the best rate? Sure? Many consumers still do not check the best savings accounts and merely open an account with their existing bank.
Which are the best bank accounts?
Why do Australians continue to pay fees for monthly bank accounts when they don’t have to?
Savings accounts – which are the best?
It’s a great irony that while many people love to moan about Australia’s greedy banks, the majority of homeowners continue to take out their mortgages with one of the big four: NAB, CBA, Westpac or ANZ…
High interest savings losing money?
Even before May’s surprising 0.50 per cent interest rate cut, almost four out of five higher rate taxpayers were losing money on their savings account after tax and inflation were taken into account, and over half of those earning over $80,000 a year were losing money…
Banks favour savers over borrowers
Good news for savers. The big four banks are engaged in a bitter price war to attract more deposits from customers and are offering more generous deals on savings accounts accounts compared to offers for mortgage customers…
Buying an investment property – what you need to know
Investing in property is Australia’s favourite pastime. More than 1.7million people already own an investment property, and with generous government tax breaks and relatively low interest rates, many people still advocate property investing…
How much do you need to retire?
Many Australians are heading for a poverty-stricken retirement because they are not saving enough for their retirement, including in their super funds, and anybody who is relying on their compulsory contributions taken out of their wage packet…
Self-managed superannuation fund – how much do you need to do it yourself with a SMSF?
The ATO’s rule of thumb for a SMSF – a self-managed superannuation fund – is that you need a $250,000 super balance to make the annual audit and fees worthwhile…
