61% of Australian’s Don’t Have a Savings Plan
According to Galaxy Research, most Australian’s don’t have a dedicated savings plan. 46% don’t have a weekly budget and 35% say all their money is gone by Payday.
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RBA leaves the Cash Rate on Hold at 1.5%
The board of the Reserve Bank of Australia (RBA) has again left interest rates on hold at 1.5 per cent. The Cash Rate has not changed since August 2016.