Insane bank of mum and dad cost revealed
Rising house prices means the bank of mum and dad is hitting record highs, but it is still not enough to cover the 20 per cent deposit, new research shows.
Rising house prices means the bank of mum and dad is hitting record highs, but it is still not enough to cover the 20 per cent deposit, new research shows.
The Reserve Bank of Australia is being urged to go easy on interest rate cuts to avoid exacerbating an issue that just won’t go away.
The local market continued its cautious rally, as trade talks between the two largest economies are set to begin over the weekend.
Another big four bank has slashed its mortgage rates ahead of the RBA as competition among the banks heats up.
A rally in the commodities sector and a strong result from a major bank drove the ASX 200 higher during Wednesday’s trading.
A big four bank has dropped its mortgage rates, as competition for homeowners heats up.
Aussie taxpayers have tried to sneak some “dubious’ expenses past the taxman, with one expert detailing some of the most outlandish claims.
NAB predicts struggling mortgage holders will get some much-needed relief on the back of an outsized rate cut in May.
The ASX 200 closed marginally lower during Tuesday’s trading as the major banks and healthcare drag the market down.
US President Donald Trump’s tariffs have helped cause chaos on the oil markets, but Aussie travellers are unlikely to score a bargain on their next flight.
Australian grocery shoppers are using a simple trick to save on their grocery bills, and it is also helping in another way.
One of Australia’s big four banks says Australia is well placed to weather the storm coming from US President Donald Trump’s tariff policy.
They haven’t been implemented yet, but just the threat of Donald Trump’s US tariffs is damaging some of Australia’s biggest businesses.
The two major parties have been accused of forgetting about nearly a third of all Australians in the build up to the federal election.
The ASX 200 has capped off an $85bn week on the back of renewed hopes tariffs could be walked back.
A surge in technology and real estate stocks helped drive the ASX 200 higher, despite fears of a slowing US and Chinese economy.
Struggling mortgage holders will get a rate cut in May, but are now tipped to get less over the rest of 2025, an industry expert warns.
Australia’s largest supermarket chain announced a “solid” third-quarter update on the back of selling cheaper items.
A big four bank will launch an Australian first aimed at helping stop common scam threats.
A jump in the banking and consumer discretionary stocks helped push the ASX into the green on Wednesday as investors factored in a rate cut in May.
The Reserve Bank of Australia is tipped to cut interest rates when it meets in May following the latest inflation print.
Supermarket giant Coles reveals the items Australians are cutting back on due to cost-of-living pressures.
Soaring energy, utilities and information technology stocks drove the ASX200 higher on an overall positive day for the market.
Australians have been warned of a silent threat where thousands of individual bank details have been compromised.
Jayne Hrdlicka has confirmed her next move after stepping down as Virgin Australia chief executive.
Anthony Albanese’s pre-election interview on 7.30 was sometimes testy, as host Sarah Ferguson repeatedly sought clearer answers.
The ASX200 continued to trade higher on Monday on the back of renewed hope of a tariff back down.
Misleading surcharge practices and other add-on costs have come under the consumer watchdog’s eye in the new financial year.
Households will get a rate cut in May regardless of April’s inflation reading, one major bank’s chief economist has boldly declared.
A leading economist predicts struggling Aussie mortgage holders will get much-needed rate relief next month, as the RBA turns its focus to this new threat.
Original URL: https://www.news.com.au/finance/business/breaking-news