AU
Consumer Finance
Latest Australian consumer finance news and updates
Consumer Finance
Younger Generations Driving Growth in Australian ETF Investment
A major generational shift is underway in Australia as 45% of Gen Z and Millennials actively invest in financial products. Driven by barriers to home ownership, younger investors are fueling record-breaking inflows into exchange-traded funds.
Consumer Finance
Australian Households and Businesses Set for Significant Electricity Bill Reductions
Australian households and small businesses will benefit from lower electricity bills from July 1, 2026, as final regulatory determinations confirm price drops of up to 10.7% for residential standing offers and over 20% for commercial plans.
Consumer Finance
Australian Consumer Confidence Falls to 64.1 Following RBA Rate Hike
Australian consumer confidence has plunged to 64.1 points, marking its fourth-lowest level since 1973. The 3.1-point drop follows the Reserve Bank of Australia's decision to raise the cash rate to 4.35%.