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No relief for Aussie borrowers but good news for savers

Yesterday’s decision by the RBA to keep rates on hold at 4.25% was bad news for Australia’s home owners who were hoping for some relief after the recent out-of-cycle rate changes passed on by the nation’s largest home loan lenders. Analysis by Mozo’s Rate Chasers reveals that three quarters of the nation’s home loan lenders [...]
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Mozo Rate Chasers Roundup – March 2012

This is a round-up of rates in March and some may have changed since the time of writing. To check on today’s rate, click on the highlighted product. Home Loans: The RBA didn’t change the official cash rate in March, and the ANZ Bank also decided not to move their variable rate home loans so [...]
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Fun Finance @ First Job

After all those years slogging it out as a frugal student, you’re finally cashed up after landing your first job. Now is the time to take care of your new found wealth, with our ultimate mix of tips for financially surviving your first job: 1. All work and no play makes you a dull kid!! [...]
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Mozo calls for further ATM reform

Mozo released some research last week on ATM Direct Charging – this is the fee that the ATM Operator charges you when you go to an ATM that’s not from your bank.  It showed that $2.50 is becoming the new $2, at least among the independent ATM networks. For full details read: The ATM Trap: [...]
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Platinum is the new Gold

Last week the RBA released a review of how the credit card market has changed in the last decade. Back in 2002, the RBA restricted the interchange revenue that card issuers could earn on each transaction.  Their review outlined how this has cut value of credit card rewards schemes.  Well I think that was pretty [...]
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