Finance News - March 27th Home loan interest rates slashed after RBA emergency rate cut | Updated List 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...
Coronavirus - March 27th Coronavirus supplement: your guide to the Australian payments that will go to the extra million on welfare 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...
Finance News - March 25th ING cuts to market-leading home loan interest rates to help customers impacted by coronavirus 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...
Coronavirus - March 23rd ASX 200: Heavy losses spread to retail and property sectors amid continuing coronavirus meltdowns 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:...
Finance News - March 20th NAB, ANZ and Westpac follow CBA in reducing home loans after RBA emergency rate cut 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...
Coronavirus - March 18th Coronavirus and the share market: ‘Keep calm and stay the course’ 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.
Coronavirus - March 17th How will coronavirus affect property prices in Australia? 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....
Coronavirus - March 16th ASX 200 & Coronavirus: Uncertainty tears through the Australian stock market 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...
Coronavirus - March 13th Coronavirus: Can I still buy Cancel for Any Reason cover? 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”...
Coronavirus - March 13th Does your travel insurance cover coronavirus? | Infographic 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...
Coronavirus - March 12th Australia on high alert: What does it mean now coronavirus is a 'pandemic'? 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...
Coronavirus - March 10th 5 unexpected effects of coronavirus: Hoarding, scalping, bidets & more 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...
Coronavirus - March 9th Work in the time of coronavirus: What could COVID-19 mean for Australian workers? 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?
Coronavirus - March 9th ASX 200 weekly: Coronavirus drags on travel stocks Virgin and Qantas 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...
Finance News - March 9th 7 ways the coronavirus may affect Aussies 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...
Finance News - March 3rd Big four banks to pass on RBA rate cut to borrowers 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...
Coronavirus - March 3rd RBA cuts as coronavirus worsens: How will it impact the economy, property market and interest rates? Following heightened speculation that the Reserve Bank would pull the trigger on interest rates today, the cash rate has been cut to the historic low of 0.50%. But with the impact of coronavirus now on Australian...
Finance News - March 2nd ASX 200 Weekly: Coronavirus fears wipe out year’s gains on ASX The Australian Stock Exchange has fallen dramatically this morning, after the impact of the novel coronavirus COVID-19 on international trade and supply chains led to a sharp decline in markets last week. The ASX ended the...
Finance News - February 28th How much more could you have in your nest egg if the super rate increases to 12%? As debate continues about the the Super Guarantee's legislated increase to 12% by 2025, Canstar takes a look at what it could mean for the average super balance at retirement.
Finance News - February 24th First Home Loan Deposit Scheme banks: lowest variable loan rate from each lender revealed House hunters who initially missed out on a place in phase one of a new fee-slashing government first home ownership scheme now have a second chance. A further 7,000 places have been released, this time accessible...