April 2, 2024
There are almost as many cars as there are people in Australia. According to the Australian Bureau of Statistics, there are 20.1 million registered motor vehicles – that’s almost one per person of driving age. Over 2020, the national fleet grew by 1.7%. It would seem our appetite for new cars...
March 19, 2024
A recent poll conducted by Savvy of 1002 Greater Sydney residents living in COVID-19 lockdown restrictions shows a “shadow pandemic” of financial stress plaguing Greater Sydney, driven by unemployment, underemployment, and rapidly depleting savings – 10% of respondents saying they have $1,000 or less in savings, 9% have $500 or...
March 19, 2024
Lending data – known as the lending indicators – is published each month by the Australian Bureau of Statistics. It shows us all the relevant Australian borrowing statistics - including mortgage commitments, personal loans, and business loan commitments across different categories. In this analysis, we will be focusing on changes in...
April 12, 2024
Is Cryptocurrency – the currencies powered by complex calculations and decentralised ledgers known as blockchain technology – the money of the future? According to a new survey by Savvy, a third of Australians are betting that it is: and 40% are willing to convert their paper money into something digital...
March 19, 2024
A recent survey conducted by Savvy has revealed 91.6% of Australians agree that property prices are becoming “unaffordable” in the current market.32.4% Cannot afford property as prices are too high26% believe foreign ownership is to blame37.1% of respondents who bought were concerned about being left behindTwo-thirds believe JobKeeper/Seeker stimulus is...
March 19, 2024
Over the last 12 months, there’s been a lot of ups and downs in rent affordability in Australia in terms of prices and yields. Cities which some thought were unaffordable are now within the grasp of more and more people, as you’ll see below.This can be explained, at least in...
April 18, 2024
What is a car lease?A car lease is a contractual agreement between a leasing company or dealership and an individual or business that allows the leaseholder to use a vehicle for a specified period, typically two to four years, in exchange for monthly payments. Unlike a traditional car loan where...
May 6, 2024
There are various car loan and leasing options available to consumers in Australia, each with its own set of benefits and considerations. One popular choice is the novated lease, which allows employees to use pre-tax income to cover car lease payments and associated expenses. Before you sign up, however, it's...
April 2, 2024
A survey of 1,001 respondents commissioned by Savvy was split right down the middle among Male and Female demographics and almost evenly among all major age groups (18-24, 25-34, 35-44, 45-54, 55-64, 65+) showed that about 20.3% had bought a new car during the COVID-19 pandemic. 53.3% happy with current...
April 12, 2024
The survey conducted by Savvy polled 1,003 Australians on their daily payment habits. The results showed that almost half use a digital wallet, or credit cards and payment instruments stored on a smart device such as a smartphone.Of those that use a digital wallet almost two-thirds use it as their...
April 11, 2024
Car allowances are a perk offered by some Australian employers, giving employees a helping hand with their car expenses. This guide covers what you need to know about car allowances to help you maximise the benefits.What is a car allowance and how does it work?A car allowance is additional income...
May 8, 2024
Buy a car GST-free with novated lease salary packaging and reduce your income tax bill through Savvy! Start your quote No obligation. It won't affect your credit score. Salary packaging, also referred to as salary sacrifice, is a popular employee benefit scheme in Australia that allows employees to receive certain...
May 6, 2024
It’s important to compare your options when searching for the right novated lease. This type of car finance involves taking out a car lease through your employer and allows you use of a car without committing to its purchase immediately and comes with tax benefits. Novated lease companies can assist with...
April 4, 2024
Thinking about buying a car but worried your circumstances might hold you back? A guarantor could be the key to unlocking your dream car. But what exactly is a guarantor and how can they help you secure a car loan? This comprehensive guide from Savvy will delve into everything you...
April 29, 2024
Car loans are one of the most common types of finance, with the Australian Bureau of Statistics (ABS) reporting that over $15.5 billion was lent for the purpose of purchasing a road vehicle in 2023. They enable you to pay for your car at your own manageable pace. Before you...
Quantum Savvy Pty Ltd (ABN 78 660 493 194) trades as Savvy and operates as an Authorised Credit Representative 541339 of Australian Credit Licence 414426 (AFAS Group Pty Ltd, ABN 12 134 138 686). We are one of Australia’s leading financial comparison sites and have been helping Australians make savvy decisions when it comes to their money for over a decade.
We’re partnered with lenders, insurers and other financial institutions who compensate us for business initiated through our website. We earn a commission each time a customer chooses or buys a product advertised on our site, which you can find out more about here, as well as in our credit guide for asset finance. It’s also crucial to read the terms and conditions, Product Disclosure Statement (PDS) or credit guide of our partners before signing up for your chosen product. However, the compensation we receive doesn’t impact the content written and published on our website, as our writing team exercises full editorial independence.
For more information about us and how we conduct our business, you can read our privacy policy and terms of use.
© Copyright 2024 Quantum Savvy Pty Ltd T/as Savvy. All Rights Reserved.
© Copyright 2024 Quantum Savvy Pty Ltd T/as Savvy. All Rights Reserved.
Quantum Savvy Pty Ltd (ABN 78 660 493 194) trades as Savvy and operates as an Authorised Credit Representative 541339 of Australian Credit Licence 414426 (AFAS Group Pty Ltd, ABN 12 134 138 686). We are one of Australia’s leading financial comparison sites and have been helping Australians make savvy decisions when it comes to their money for over a decade.
We’re partnered with lenders, insurers and other financial institutions who compensate us for business initiated through our website. We earn a commission each time a customer chooses or buys a product advertised on our site, which you can find out more about here, as well as in our credit guide for asset finance. It’s also crucial to read the terms and conditions, Product Disclosure Statement (PDS) or credit guide of our partners before signing up for your chosen product. However, the compensation we receive doesn’t impact the content written and published on our website, as our writing team exercises full editorial independence.
For more information about us and how we conduct our business, you can read our privacy policy and terms of use.
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