The interest rate earned on “lost” bank accounts for the 2017-18 period was 2.13%. The average interest rate on a transaction account over the same period was a measly 0.11%.
Effie Zahos
Money magazine editor Effie Zahos is the author of A Real Girl’s Guide to Money: From Converse to Louboutins, available for pre-order now. Effie started out as a graduate trainee for one of Australia’s major banks. She moved to TV in 1997, kick-starting her career in finance journalism as head researcher for Channel Nine’s Money Show. A regular finance commentator on TV and radio, she also wrote The Great $20 Adventure, a children's book aimed at enhancing the financial literacy of young Australians.
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Have you ever had a voice in your head that asks you “Where the hell is your money going?” Enter A Real Girl’s Guide to Money: From Converse to Louboutins.
Want to apply for a home loan? Expect to have your spending – especially Netflix and Uber expenses – scrutinised. Here’s how to impress your lender.
Follow these Christmas budgeting tips to avoid financial strife and simply enjoy family, friends and fond memories, writes Effie Zahos.
How much are you paying for your mortgage? What about your credit card? You’d be mad not to have a peek at some of our Best of the Best winners here to compare what you’re paying or earning.
Putting aside the ridiculous fees and unconscionable interest rates, there are six other things that annoy Effie Zahos about credit cards
When it comes to selling, the name of the game is to get the best price. Here are five ways to sell your home, from going through a buyer’s agent to doing it yourself.
A new platform means some Aussie workers can access their wages daily instead of waiting till payday, so what’s the catch?
A package home loan combines your mortgage with additional products such as fee-free credit cards or discount insurance, but these perks come at a price.
Banks are wary of older first-time borrowers, unless they want finance for an investment property. Effie Zahos looks at how age affects your mortgage eligibility.