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Sunrise discusses Australian credit card spending habits. Mozo research found that more than half of Australia used credit cards to get through the festive season, racking up debt on festive purchases.
Sunrise looks into Mozo’s research, which found that almost two thirds of kids currently receive pocket money, with cash kept in piggy banks the most popular way kids like to be rewarded for helping with household chores.
Channel 7 News talks about the end of the mortgage deferrals and job keeper schemes. Mozo research revealed what that means for Australian’s still experiencing financial difficulties.
The RBA holds interest rates for February. Mozo data is used to show how much the big banks make by delaying and not passing on rate cuts.