Finance News

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...

Australia’s superannuation watchdog has turned up the heat on underperforming MySuper products, by today launching its much-anticipated “MySuper heatmap”. Funds that ignore the ratings it gives them will do so at their own peril. Here’s what it...

The Australian sharemarket slipped back last week, with both the ASX 200 and the All Ordinaries losing ground. Big hitters CommBank, BHP, Telstra, Woolworths and Wesfarmers all suffered losses. Here's how the market went last week....

One of Australia's largest banks has introduced new cash bonus deals for refinancers and new customers, including those who secure a loan through the Government's new first home buyer deposit scheme. It has dropped some variable...

Savers received an early Christmas present today: The Reserve Bank decided to keep the official cash rate steady. Even though homeowners missed out on the gift of more potential home loan interest rate cuts, some may...