Finance News - Page 18

The Reserve Bank of Australia (RBA) has announced it will leave the official cash rate at a record low of 0.25% for October. So, how could this decision impact your home loan, savings and term deposit...

Millions of Australians may be forking out money for avoidable banking fees, according to new data that shows we pay an average of $876 in unchallenged fees each year. A Canstar survey of 1,024 Australian adults...

Commonwealth Bank has taken the knife to some of its ‘no-frills’ variable home loans, making rate reductions of 0.10 percentage points for owner-occupiers and up to 0.15 percentage points for investors. Today’s rate cuts from CommBank...

For many Australians, the holiday from paying higher health insurance premiums is about to end. It’s not too late to save money on health insurance though, one expert explains. Many health insurers postponed increasing premiums in...

If you are unable to go to work due to coronavirus-related self-isolation or quarantine, there may be some financial support options available to you. As the number of Australian cases continues to fluctuate, the COVID-19 pandemic...

One lender has seen a record 71% jump in home loan pre-approvals amid the COVID-19 pandemic, empowering many first home buyers as they head into what could be a “bumper” spring period for home buying. But...

Reduce Home Loans has introduced a new record-low home loan rate that may appeal to some refinancers looking to take advantage of cheaper deals. Reduce Home Loans has launched its new Rate Cutter Variable home loan...

UPDATED: Reduce Home Loans has edged ahead in the “lowest rate home loan” race, launching an introductory rate of just 1.90% (comparison rate 2.39%). Three days after its initial launch on 1 September, the lender altered...

Some Westpac customers experienced issues trying to access their online accounts on Monday after the bank updated its internet and mobile banking service, Westpac Live. Update 3.42pm AEST: Westpac said its mobile and online banking services...

One neobank has increased its cash offer for new customer referrals to its bank accounts this month. We asked the experts if a cash bonus is worth the switch for new customers, how these schemes work...

The property market's impact on Aussie households and the economy is on the minds of Australia's central bankers, who've decided to keep the cash rate on hold this month. The numbers show house prices have fallen...

New research shows the Federal Government's guarantee scheme for first home buyers helped people enter the property market an average of four years earlier than if they'd had to wait to save up a full 20%...

New rules could offer some Australians more choice when picking their super fund, allowing them greater scope to decide where their hard-earned retirement savings are invested. One expert expects the move will help consumers who previously...

With more of us spending money on cooking at home rather than eating out, Woolworths is enticing customers to come to its store over others with a new range of collectables. In yet another round of...

In response to the ongoing coronavirus crisis, a number of Australian health funds are offering extended coverage and financial relief packages to members who are experiencing financial difficulty. Most health insurers have delayed their annual premium...

Online lender loans.com.au has launched a limited-time interest rate of below 2% for eligible investors today, which is the lowest rate available on Canstar's database of investment home loans. The discounted variable rate of 1.99% is...

Home loan customers can now automatically get a lower interest rate as they pay down their mortgage. That may incentivise customers to pay off their home sooner, but it could still pay for homeowners to check...

ASIC has listed which super funds were found to have charged higher life insurance premiums by incorrectly classifying members as smokers.

Could your budget stand to gain from a better home loan interest rate? An online-only lender is now in the lead in the rate race. It seems to be nearly every week we're announcing a new...

Though the official cash rate will remain unchanged for another month and looks set to stay the same for some time, Australians are experiencing a high degree of uncertainty about money in the midst of a...