NewsBite

Household debt

Advertisement
Banks must be more conservative when approving new credit limits from January.

Goodbye ‘Frank’: These are the new top credit cards in town

ME Bank may be closing its trailblazing low-rate credit card, but it is far from the cheapest option now anyway.

  • Nicole Pedersen-McKinnon

Latest

Emmanuella Grace is hoping a series of rate cuts will allow her breathing room.

Emmanuella bought a home at the market peak. Now she has room to breathe

While the rate cut to 4.1 per cent will shave a small portion off mortgage repayments, home owners say the savings pale in comparison to the rising cost of living.

  • Jim Malo, Alexandra Middleton and Elizabeth Redman
Michele Bullock

Use our mortgage calculator to check how much a rate cut would affect you

The Reserve Bank has cut the official interest rate for the first time in more than four years.

Primary school teacher Maddy Foster says her student debt is always at the back of her mind

‘Swimming in debt’: Sydney’s $14 billion student loan burden

This map reveals which suburbs are carrying the city’s biggest HELP debts.

  • Matt Wade
People with HELP debts may be able to borrow more or find it easier to get a mortgage under new government plans.

Banks told to ignore student debt when weighing up home loans

Millions of Australians collectively carrying more than $43 billion in student debts have faced problems getting a mortgage. Now they may have a chance to buy a home.

  • Shane Wright
Australians are using financial products as budgeting tools.

More consumers using buy now, pay later and loyalty rewards for everyday expenses

Paypal, Flybuys and Afterpay say more people are using financial products and rewards programs as households battle cost-of-living pressures.

  • Jessica Yun
Advertisement
It is possible to have meaningful relationships in today’s imperfect climate.

Six tips to save you from a financial hangover this Christmas

It may be the most wonderful time of the year, but Christmas can also be the most expensive for many of us.

  • Victoria Devine
Crawford said she’s heading into the busiest time of the year, however, business is always seasonal.

The Sydney suburb where nobody is behind on their mortgage

As some Sydneysiders fall behind on their repayments in the cost-of-living crisis, other neighbourhoods are better placed to keep up.

  • Kristy Johnson
Prime Minister Anthony Albanese.

Graduates to get early career reprieve from crippling student debts

The salary threshold at which student loans must be repaid will rise more than $10,000 a year under a federal Labor policy shift that will make the average HELP debt-holder $680 a year better off.

  • James Massola
Sydney University is leading the field in converting casual academic roles to permanent tenured positions.

Radical plan to slash student debts by tens of thousands of dollars

University debts could be slashed by up to 20 per cent under an Albanese government plan targeted at young voters.

  • Paul Sakkal

Original URL: https://www.theage.com.au/topic/household-debt-hor