Finance News - Page 18

If you're one of the many Australians using 'buy now pay later' services, you may want to shop around and consider if it's the right payment option for you. We look at some of the providers in the market, how they work and what they cost.

Interest rates on savings accounts have tumbled in 2020, resulting in nearly $400 less interest earned for bonus savers compared to 10 years ago. Canstar can reveal the current state of savings accounts and where savvy savers can find the best rates right now.

COVID-19 vaccinations have begun in the UK, the US and Canada, with Australia planning to start inoculating in the coming months. Could a vaccine help the Australian economy and way of life return to normal?

Looking back on the year, Canstar can reveal the home loans on its database that had the biggest interest rate cuts in 2020. Plus, find out where to get some of the best rates right now....

If you need to move for work you may be eligible for financial assistance from the government. Here’s a look at the rules. Moving to a new location for work can be expensive. The Australian Government...

CommSec's chief economist Craig James shares his thoughts on Australia emerging from its first recession in almost 30 years, plus what it could mean for interest rates, jobs, property prices and super.

Though the cash rate is on hold this month, previous cuts in November and earlier this year have seen home loan rates track down to record lows. Canstar spoke to some refinancers who have jumped on the opportunity to get a better home loan rate and make their finances more manageable in the year of the pandemic.

A review into Australia's retirement income system has further ignited debate about what retirees should rely on to fund their retirement, with some saying home ownership is more important in creating wealth than an increase in the super guarantee.

Google has announced it will start offering its own bank account, ‘Plex’, from 2021 in the US. Here's what we know so far.

National Australia Bank is the third of the big four banks to slash savings rates following the November cash rate cut. A neobank also followed suit, reducing its rate for savers today. One expert says it's "imperative" that savvy savers look to get the best deals they can.

National Australia Bank temporarily closed its branches on Wednesday, 18 November due to a "physical security threat" that was later deemed a hoax by state and federal police. Watch this story for the latest updates.

Australians almost doubled the amount of credit taken out via buy now pay later providers in the 12 months to June 2019, and are struggling to scrape together the funds to pay back the debts on time. It could be time to pull the plug and aim to build your own version of a buy now pay later facility to help quit this habit, an expert warns.

Applications are now open for the First Home Loan Deposit Scheme (New Homes) grant program. We take a look at how it works, who can apply and what properties can be purchased.

The RBA has announced it will use quantitative easing in a bid to stimulate the Australian economy. We break down what this means.

Commonwealth Bank was the first to fire out of the major banks, announcing it would drop fixed rate loans for owner occupiers and introduce it's lowest ever advertised home loan rate.

The official cash rate has been cut to an all time low of 0.10% in a bid to quicken the economy’s recovery out of recession. While this is likely to see savers bear the brunt of...

Homestar Finance has jumped the gun ahead of today's cash rate decision and delivered an interest rate cut for new home loan customers looking to refinance. The offer is available for a limited time.

Missed out on the First Home Loan Deposit Scheme but don't want to pay expensive lender's mortgage insurance? Some lenders are offering discounts on LMI, with one even charging $0.

NAB's customers reported problems accessing their accounts via mobile and internet banking services on Monday. The nabtrade platform was also down, along with the bank's EFTPOS terminals.

Savers continue to absorb the blow of falling interest rates, with a few popular neobanks and one of Australia's largest banks announcing more cuts this week. But there are still higher rates out there for the conscientious saver.