Budgeting

Pandemic-driven savings have helped improve financial wellbeing

The median savings balance of Australians has soared 42 per cent compared to before the pandemic. Australians’ financial wellbeing remains higher than it was pre-pandemic despite dipping late last year, according to research from the Melbourne Institute and Commonwealth Bank. The average observed financial wellbeing score, which combines five major …

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Buy Now Pay Later – the hidden danger potentially stopping you from owning your own home

The Buy Now Pay Later sector is winning-over the youth demographic with the promise of instant gratification, but leading mortgage brokers are warning that with every sugar-high comes the risk of a corresponding low. ‘Buy Now Pay Later’ providers such as AfterPay and Zip Pay have experienced massive growth in …

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