Finance News - Page 20

The impacts of the coronavirus crisis have extended to Australians' hip pockets, impacting spending habits in many households. If spending smarter is on your mind, here are a few ways to free up cash flow and...

The significant downturn in global financial markets in reaction to the coronavirus pandemic is to blame for a $227 billion loss from the super sector, new data shows. A finance expert says younger superannuation holders have...

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...

Buyers of newly built homes in Australia could be given a $50,000 government grant and a reprieve from paying stamp duty if a proposal by the property industry's peak body is adopted. The plan, which is...

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?

Reduce Home Loans just beat itself to offer the lowest variable home loan on Canstar's database after slashing its rates even further, but it no longer holds first place for the lowest fixed rate loans. Non-bank...

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...

A number of elderly Australians and people who would typically rely on cash are about to receive a debit card from their bank, but many of them may be unfamiliar with how to set one up...

A report investigating home loan pricing at the big four banks has highlighted the importance for existing customers to take the reins and find a better home loan rate, or risk paying a "lethargy tax" of...

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...

While shareholders of the bank may not be happy today, National Australia Bank has lowered one of its credit card interest rates for its customers ahead of the other major banks, continuing the trend of lower...

Virgin Australia has gone into voluntary administration, leaving many Velocity account members and credit card holders wondering what will happen to their frequent flyer points. While we wait to hear if a rescue package will emerge...

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...

ING will temporarily change its home loan application process due to the widespread disruption to many Australian incomes from the coronavirus fallout. Casual employees or contractors may not be considered for a mortgage under the bank's...

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...

Many Australians are doing it tough as the economic impacts of coronavirus are beginning to be felt. While these are hard times financially for many people, there are some things that you can take charge of...

Tracking of average home loan interest rates on our database shows the lowest rates can be found on fixed terms. An expert reveals what to consider when locking in during a time of high uncertainty. Australians...

If you have have been granted a six-month pause on your home loan repayments due to the coronavirus crisis, your credit rating will not be impacted, the Australian Banking Association (ABA) has announced. To support Aussies...

Australia’s largest bank is not waiting on the Reserve Bank of Australia, deciding to cut some variable interest rates prior to today’s monetary policy meeting for new borrowers and some existing customers. Commonwealth Bank has changed...