Coronavirus

As a growing number of Australians rely on the early release of their retirement savings to stay afloat, new research highlights the importance of getting to know your super balance and investment option. The Australian Prudential...

New data shows more than 1.3 million Australians financially impacted by COVID-19 have applied to access their super early, taking out an average of $7,546 from their nestegg. How could they recover the shortfall?

The coronavirus pandemic has had many far-reaching consequences beyond the spread of the disease itself. Professor Anthony Jorm from the Melbourne School of Population and Global Health and Stephen Carbone from the University of Melbourne dissect...

Two months after the first recorded death in Australia from COVID-19, the country is keenly feeling the economic fallout of the crisis, new statistics show. Here's what's happening to household finances, the property market and the...

Thinking about applying for a new loan or refinancing during COVID-19? It can help to know what lenders are looking for. Two insiders reveal the red flags that lenders may consider when assessing your application. If...

If you’re looking to cut down on your household expenses during the coronavirus crisis, it might be a good idea to contact your home insurer to see if they are offering relief to customers who need...

If your finances have been affected by coronavirus then it may be a good idea to put together a crisis budget to help you get through the next six months. Here are some tips. The financial...

The global impact of Coronavirus has been felt significantly in the global markets with share prices plunging and the environment for investors continuing to appear fragile. The pandemic has had a significant impact on stocks across...

As Australians take stock of their financial situation during the coronavirus crisis, some may be looking closely at the value of their private health insurance. The cancellation of non-urgent elective surgeries and the closure of some...

Sharemarkets have taken a big hit which has affected super balances. We take a look at how long super savings took to bounce back after the GFC.

We may be spending less on going out, saving more by not buying our lunch at work and avoiding costs like public transport and Friday night after work drinks but our household bills aren’t getting any...

Given the current financial climate, investors relying on dividend streams should expect their income to fall as companies cut their dividends, but what about investors looking for an effective income strategy? Vanguard’s Tony Kaye explains why...

Coronavirus has delivered a financial blow to many homeowners. One way to potentially bring your costs down could be to refinance your loan, to take advantage of the lowest interest rates recorded in Australia’s history. Is...

Australians paying for hospital cover in their private health insurance policy will now be fully covered if they need to be hospitalised due to coronavirus, and most people’s premiums won’t go up for at least six...

Coronavirus has turned most of our lives upside down. Staying home is just one way COVID19 has affected us. You can use the extra time to do things that may help you improve your finances in...

The Australian government has announced a second coronavirus economic package, which “includes some of the most significant changes to social security payments Australia has ever seen”. Professor Peter Whiteford and Dr Bruce Bradbury take a look...

Share price plunges spread from the travel and resources sectors last week, as the global impact of the coronavirus pandemic on international trade and economies got worse. ASX 200 at 12:55 to 23 March, 2020. Source:...

Financial markets are in freefall, but history suggests now is not a time to panic. Vanguard’s Tony Kaye explains why staying the course could be the best investment strategy.

It’s one of the most Googled questions since the coronavirus and COVID-19 outbreak: how will coronavirus affect house prices? Image: Andrey Popov (Shutterstock) The bottom line is it will be negative – prices will go down....

Economic and trade impacts of the COVID-19 pandemic are deepening, as the spread of the respiratory virus escalates. Source: Vitalii Tairov, Canstar. Gatherings of more than 500 people are banned from today in Australia as a...