Finance News - Page 23

Two of the big four banks have now cut interest rates on savings products, more than a week ahead of an anticipated official cash rate cut. What can savers do to help maximise potential returns on...

AustralianSuper customers will be hit with a new admin fee, as the super fund attempts to offset the impact of government legislation.

National Australia Bank has been hit with a class action for allegedly ‘ripping off’ more than 330,000 super customers. Filed by law firm Maurice Blackburn on Wednesday, the class action accuses NAB subsidiaries MLC Nominees and NULIS...

A class action has been filed against Colonial First State Investments, alleging the Commonwealth Bank subsidiary eroded members' retirement savings.

Westpac has reduced interest rates across a range of its home loans for investors, in a bid to increase its share of that market. In some cases, the new package rates are lower than the bank...

Australians at supermarket checkouts could be the next to feel the effects of the wild weather that has decimated entire crops and limited the supply of goods. Here are some of the products you may need...

Unprecedented highs were reached on the Australian stock exchange last week, with the overall market surpassing 7,000 points for the first time ever. In the best start to a trading year for more than 25 years,...

A number of organisations have made financial assistance available to communities impacted by the bushfire emergencies devastating parts of Australia. Australians experiencing financial hardship as a result of the bushfires may be able to get help...

Just weeks after the federal government’s new First Home Loan Deposit Scheme (FHLDS) was launched, experts have raised concerns that it has an “accessibility problem”. The initiative is designed to help eligible Australian first home buyers...

Australia's stock market ended at a record high last week, achieving a new peak of more than 6,900 points. Calmer international relations by the end of last week, a buoyant market in the United States and...

High-profile authors, sporting stars and politicians are auctioning off precious items in a bid to raise much-needed funds for Australians, firefighters and wildlife impacted by the devastating bushfires across the nation. Local and international celebrities have...

Australians - and people around the world - have stepped up to help the thousands impacted by devastating bushfires sweeping the country. Here’s how you could pitch in, too. Bushfires have wreaked havoc across Australia, so...

The Australian Stock Exchange All Ordinaries fell last week, as did the ASX 200. Here's a list of the biggest winners and sliders: How did the ASX perform last week? S&P and All Ords Movements (27/12/2019...

The Australian sharemarket was relatively flat over the shorter week of Christmas trading. Afterpay, Westpac and Northern Star Resources were among the best performers. Here's a market wrap. S&P and All Ords Movements (20/12/2019 to 27/12/2019)...

The Australian sharemarket was higher at the close last week, with Commonwealth Bank, CSL and Northern Star Resources among the best performers. Notably, markets reacted to the news of both the National Australia Bank and Westpac...

The Australian Government's new deposit scheme for first home buyers might not officially open until 1 January, but one lender is already taking enquiries for interested buyers to secure their spot on a waitlist. National Australia...

A 100% digital bank just started onboarding customers to its savings account, which is set to have a base interest rate higher than any other equivalent product on Canstar's database right now. The big question is,...

Australia's largest bank just launched a new rewards scheme that allows customers to earn cash back when they pay for groceries at Coles or fuel up at Caltex. Most Commonwealth Bank (CBA) customers that hold one...

The Australian sharemarket remained relatively steady last week, with miners and Commonwealth Bank among the best performers. Here's a market wrap: S&P and All Ords Movements (07/12/2019 to 13/12/2019)   Closing Points % Change S&P/ASX 200...

The list of 27 lenders who will be able to offer loans under the First Home Loan Deposit Scheme (FHLDS) has been released. Another Big Four bank joins the list, with the rest of the list...