Mortgage holders desperate for cash relief
Financial institutions have been inundated by mortgage holders demanding their repayments be lowered so they can cope financially during the coronavirus pandemic.
Financial institutions have been inundated by mortgage holders demanding their repayments be lowered so they can cope financially during the coronavirus pandemic.
Private health insurers finally revealed they were pausing premium hikes just day before costs were due to rise, but it’s not going to stop members from dropping cover.
Shoppers will soon be able to use tap and go at the checkout for amounts up to $200 without requiring a PIN in a move to limit the use of cash.
Home buyers in the settlement process who have recently lost their jobs or had their salaries slashed have in some cases been put straight onto bank’s hardship provisions.
Supermarket giant IGA has launched its first home delivery service to help support older and more vulnerable customers during the coronavirus crisis.
Aussie first home buyers have been given an extra boost that will give them more of a chance of buying a property during the coronavirus pandemic.
Mortgage interest rates are continuing to tumble giving borrowers deals they have never seen before, and fixed-rate deals are growing increasingly attractive as they become the banks’ ‘new battleground’.
Finally savers have been given some reprieve with an increase to interest rates on savings tucked away in the bank.
Millions of Australians face unemployment and months of financial heartache ahead but there are options out there to get yourself a helping hand.
Cash-strapped borrowers have rushed to get help from their banks during the coronavirus pandemic including the pausing of their payments.
Original URL: https://www.dailytelegraph.com.au/journalists/sophie-elsworth/page/128