Finance News - Page 24

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...

CSL, Telstra, BHP and CommBank were all winners on the sharemarket last week, but it was a different story for Bank of Queensland, National Australia Bank and Westpac. Here’s how the ASX performed last week, 22-29...

Australia’s stock market fell last week, tracking down more than 1%. It was a horror week for Westpac, with the bank’s shares sliding along with the other Big Four banks, but Technology One and Qantas gained...

Australia’s biggest publicly traded companies grew in value last week for the fifth week out of the past six. The two biggest companies by market value, CSL and the Commonwealth Bank, brought up the market. Skills...

Modern building codes have ensured new houses are more fire risk savvy than their earlier counterparts. In the light of the recent bushfire incidents across Australia, Western Sydney University academic Douglas Brown gives this advice on...

Sometimes the silly season can seem more of a chore than a pleasure, especially if you have to brace to hit the shops last minute. We have a few ideas that could potentially save you serious time...

A neobank has launched a new suite of home loans that it promises will virtually do away with paperwork. 86 400 says you’ll only have to sign one physical paper document during the application process, but...

The great Australian home loan swap appears to have begun, with thousands of savvy customers finding a better deal, either from their bank or a new lender. Canstar has seen a spike in customers searching for...

Catastrophic bushfires raging in northern New South Wales have destroyed more than 100 homes, and there are more than 50 fires burning across Queensland. Insurers have warned customers to listen to the emergency authorities and wait...

Australia’s listed companies gained value overall last week, after solid gains from the big miners, the Commonwealth Bank and CSL. But fellow big names Westpac and Transurban didn’t fare as well. This is a wrap of...

Two of Queensland's biggest super funds are considering joining forces, which could mean lower fees for members. QSuper and Sunsuper confirmed on Monday they were in preliminary, non-binding talks about a possible merger that they say...

The Australian Securities Exchange slipped last week, after four weeks of steady gains. Share prices of some of the country’s most recognisable brands fell, but it was a better week for miners. Here’s a few of...

The Australian share market has slipped back this week, closing this afternoon down on the previous week's close. Here's a list of the winners and losers for the week of trade from 28 October to 1...

Another payday, another banking outage. A bank that operates totally online is currently unable to provide mobile and internet banking services to some of its customers. ME Bank told customers on X mid-morning on Thursday that...

One of Australia's largest supermarket chains has apologised after admitting it owes thousands of staff up to $300 million for underpaid wages and super stretching back nine years. Here's why it pays for consumers to check...

UPDATE: If you've just found a nice little gift in your bank account from the Australian Tax Office, this could be why. A major change to the $2.9 trillion super industry has come into effect. It...

Last week saw share values across the Australian market rise for the third week in a row, amid calmer international events and no major economic shocks. Momentum is looking positive for the week ahead on the...