As the Aussie interest rate holds, savers should look for better rates
After the Reserve Bank’s recent May meeting, it seems Australia's cash rate is going to hold at 4.35% a while longer.
Read more savings account newsWe’ve crunched the numbers, read the fine print and researched hundreds of products. Penned by Mozo’s team of money experts, our banking guides help you uncover smart ways to save and get a better deal on your finances.
After the Reserve Bank’s recent May meeting, it seems Australia's cash rate is going to hold at 4.35% a while longer.
Read more savings account newsNew Mozo research reveals an increasing reliance on credit cards to pay off Buy Now, Pay Later (BNPL) debts among Australian consumers.
Read more credit card newsNew analysis from Mozo reveals Australians are collectively paying an extra $3 billion per month to cover rising home loan repayments after the 13 cash rate hikes since May 2022.
Read more home loan newsElectric vehicle (EV) adoption is on the rise in Australia.
Read more car loan newsTerm deposits have reached some great levels in recent months. But, while it can be tempting to lock your savings away for some time, it’s possible that you can miss out on some rates that are actually highest in the short term.
Read more term deposit newsIt’s not often we see a new trend in bank accounts, but this could be one to watch. Ubank, Australia’s first homegrown digital bank, has just launched its new Bills Account.
Read more bank account newsMany of us are over physical money – some never even carry it. Check your wallet right now, it’s likely padded with debit cards but light on notes.
Read more debit card newsGot a short-term home reno project in the works? Whether you’re redoing the tiles in the bathroom or upgrading your kitchen benchtop, a personal loan can be useful for a quick and relatively simple finance option to fund tweaks around the house.
Read more personal loan newsAs consumers of the 21st century, we are used to getting everything the minute we need it. It’s the same with international transfers, especially during an emergency.
Read more international money transfer newsKeeping track of your expenses and budget progress has advanced beyond spreadsheets, with the right tools being a huge asset to your financial goals.
Read more neobank newsAustralians have been enthusiastic users of Buy Now Pay Later services, with RFIGlobal research showing that some 40% of Aussies regularly use BNPL as a payment method. Now the BNPL is to be regulated under the National Credit Act, it’s worth considering whether the rewards of Buy Now Pay Later outweigh the risks.
Read more buy now pay later newsMozo, Australia's money saving zone, helps you to start saving money by comparing retail banking products like home loans, insurance, savings accounts, credit cards and much more. If you want excellent money saving ideas, we have you covered.
Find out which financial products and services are the best for your situation. Whether you are a student looking for financial advice or a new home owner trying to choose the best loan - there is advice and tips on saving money on the Mozo that will make life easier for you.
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Saving money always sounds like a plausible plan, until that unexpected bill comes along! Good money management is a skill that everyone wants, but in reality they may find it hard to actually put into action.
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If you need ways to help you manage your money you've come to the right place. The first step is to create a budget - our budget calculator can help you work out where you could trim back your expenses to bring your debts under control. Once you feel like you're in charge of your financing, use our savings calculator to start saving for the things you really want - or, if you're ready to make that next big step, use the home loan calculator to see if you're able to buy a house.
These are easy ways to save money - getting advice from the experts and taking advantages of online calculators and searches to work out what the best way for you to save money is - and which financial institutions can provide the best product for you!