Finance News - Page 21

It was no April Fool's Day gimmick – Reduce Home Loans has slashed its home loan rates further, introducing the new lowest variable rate on Canstar's database. Non-bank lender Reduce Home Loans has surpassed all others...

Canstar’s Innovation Excellence Awards showcase a selection of the cutting-edge financial products that are helping Aussie consumers. Here we reveal why the judges selected this year’s Award winners. Each year, financial institutions are invited to submit...

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...

New laws that will impact super savings, rental tenancies and income protection insurance are kicking in. Here’s a timeline of what to expect and who will be affected. 23 March 2020: Sweeping changes to NSW residential...

For the second time this month the Reserve Bank of Australia (RBA) has cut the cash rate. Here is our list of banks who have reduced their rates in response to this emergency announcement, along with...

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...

It’s officially a race to the bottom for home loan rates, with ING diving to among the lowest rates on our database for owner-occupier borrowers. How does your loan stack up? ING cuts fixed home loan...

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:...

The Reserve Bank of Australia (RBA) cut the official cash rate to a historic low of 0.25% yesterday, the second cut in a month and the first out-of-cycle reduction since 1997. Source: Vitalii Tairov, Canstar. In...

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...

Planning to travel overseas soon and worried about travel insurance? While many policies now exclude coverage for cancellation due to coronavirus, there is one policy add-on that you could investigate. How does “cancel for any reason”...

So, you’re heading off overseas and worrying about COVID-19 (commonly known as coronavirus). For questions about your health, you’re best to speak with a medical professional. However, Canstar can help with the travel insurance implications. An...

The World Health Organisation has declared that the novel coronavirus – now called COVID-19 – is now a pandemic. This comes as the virus continues to spread across the world. So what is a pandemic and...

It’s hard to believe that Australia’s most sought-after commodity right now is the humble loo roll. That could just be the tip of the iceberg of our reactions to coronavirus. Will hand sanitiser scalping, dating app...

With the number of cases of coronavirus rising in Australia, now could be a good time for employees to consider what happens if they get sick and are unable to attend work. Will you get paid?

The pandemic of respiratory virus COVID-19 continued to wreak havoc on international share markets last week. In Australia, the value of the top 200 shares fell another 3.45%. Travel stocks such as Virgin and Qantas were...

The spread of coronavirus has rattled the international community, and here in Australia, you don’t have to catch the bug to feel the impact. The coronavirus has dominated news headlines since early 2020. Thankfully, the number...

The official cash rate has been slashed to its lowest level on record – just 0.5%. Banks typically use this rate as a guide to set interest rates on their products, such as home loans and...