Starlink premium satellite broadband tier, James Bond travel guide & $415m Valentine’s Day spend: This week’s best banking news
- Property prices to fall by 10% in 2023: NAB
- Renewable energy records smashed in January led by solar & wind
- No Time to Die: The ultimate James Bond travel guide
- Starlink launches premium satellite broadband tier
- Aussie lovebirds set to spend $415 million this Valentine's day
- Save over $600 on credit card interest with these balance transfer offers
All in this week’s best banking news recap: editor’s pick.
Property prices to fall by 10% in 2023: NAB
Ah, yes. Finally, some good news for the property market. According to a recent analysis conducted by NAB, we expect to see the Australian property market undergo a correction this year before experiencing a significant drop in 2023.
NAB’s latest Quarterly Property Survey revealed that despite experiencing a slight dip towards the end of 2021, capital city prices are expected to rise by approximately 3 per cent this year. Then in 2023, we should see capital city property values drop by 9.3%.
Read the full article: Property prices to fall by 10% in 2023: NAB for the full wrap-up.
Renewable energy records smashed in January led by solar & wind
In January, we saw numerous Aussie states set records in renewable energy production while clean power infrastructure in Western Australia continued to dominate the market .
“Across the country, three states saw new production records, with New South Wales leading the way with the largest total output,” said Mozo Money Writer Cooper Langby .
“Western Australia had the greatest performing individual utilities, with the top five wind farms and top two solar installations in the country all within the state.
Read the full article: Renewable energy records smashed in January led by solar and wind for more information.
No Time to Die: The ultimate James Bond travel guide
The name’s Zo. Mo-zo. … What do our travel insurance hub and every James Bond movie known to man have in common? Epic locations.
And after watching No Time to Die (2021) - A.K.A., the latest instalment in the iconic film franchise, we couldn’t help but feel inspired.
So, if you’re ready to live life on the edge - then start by diving into our Ultimate James Bond travel guide .
Read the full article: No Time to Die: The ultimate James Bond travel guide for all you need for an epic international escape.
Starlink launches premium satellite broadband tier
This just in: Elon Musk’s SpaceX-owned Starlink satellite broadband has just launched a premium tier of its internet service, offering even faster speeds for high-demand users and businesses.
“The premium Starlink service will see speeds between 150Mbps-500Mbps for users with latency of 20-40ms, which the company says will enable high throughput connectivity for small offices, storefronts and “super users” with a greater bandwidth need,” said Mozo Money Writer Cooper Langby .
Read the full article: Starlink launches premium satellite broadband tier for the full scoop.
Aussie lovebirds set to spend $415 million this Valentine's day
Whip out your wallets, fellas. It’s that time of year again. Valentine’s Day …
According to a recent survey conducted by the Australian Retailers Association (ARA) about the gift-giving intentions of 2,717 Australians, the average Aussie plans to spend $111 on gifts for their partner this V-Day.
The survey also predicted a massive $415 million spending boom in the lead up to February 14th - astonishingly, this figure is slightly down compared to previous years.
Read the full article: Aussie lovebirds set to spend $415 million this Valentine's day for all the tea.
Save over $600 on credit card interest with these balance transfer offers
According to the RBA, Aussies are racking up interest on a whopping $17.24 billion worth of credit card debt each month. This means it might be time to look into taking up a balance transfer offer to help rid yourself of debt.
In case you were wondering, a balance transfer is when you move an existing credit card debt onto a new balance transfer card to pay off at a much lower interest rate for a set term.
“Mozo discovered you could save $696 when switching from a card with the average rate and annual fee from those on the Mozo database (17% p.a. and $135 annual fee) on a $4,200 balance paid off over 12 months using a 0% p.a. balance transfer offer,” said Mozo Money Writer Ava Crawford .
Read full article: You could save over $600 on credit card interest with one of these top balance transfer offers for more details.
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