Finance News - August 27th Finance editorial powerhouse duo join Canstar.com.au Former Money magazine Editors, Effie Zahos and Maria Bekiaris, join Canstar.com.au The duo’s number one priority is improving Australians’ financial understanding and helping more Aussies to confidently make money decisions Comes at a time when Canstar.com.au...
Finance News - August 22nd Little Shop 1 pays off for Coles, but hope fades for its sequel Love it or loathe it, Coles Little Shop brought in big bucks for the supermarket chain. But there are signs that the collectable craze’s magic touch could be wearing off. Coles Group Limited delivered its 2019...
Finance News - August 21st Westpac Group drops fixed loan rates to 'cutting edge prices' below 3% It's now possible to apply for a home loan with an interest rate fixed below 3% for five years at St. George Bank, Bank of Melbourne and BankSA. The subsidiary banks of Westpac have today lowered a number of...
Finance News - August 21st ME Bank mobile and internet banking on the fritz Some customers of ME Bank have been unable to access their online banking this afternoon. ME Bank announced to customers on X around 12.30pm AEST on Wednesday that internet banking and its mobile app were unavailable...
Finance News - August 21st ‘Personal touch’ still valued in digital banking age Is it crazy to be opening up more branches at a time when a number of other banks around the country are shutting them down and removing ATMs in an increasingly cashless society? One 80-something Gold...
Finance News - August 19th Stock market continues dramatic slide as trade war dampens spirits The Australian stock market last week shed at least $55 billion as global investors grew increasingly cautious about the damage a trade war between the United States and China could have on the world economy. The...
Finance News - August 8th Retiree incomes cop another blow from stock market dive Experts have warned Australia’s retirees are stuck between a “rock and a hard place” after this week’s sizable falls in the stock market. Image: Tirachard Kumtanom (Shutterstock) News of continued strife between China and the US...
Finance News - August 6th Cash rate on hold at record low 1%, but mortgage holders still under stress While many Australian home loan borrowers have had the opportunity to benefit from cheaper interest rates since a total of 0.50 percentage points was shaved off the cash rate this year, the central bank has decided...
Finance News - August 5th ASX update: Mining's mixed fortune as market readies for RBA cut news The Reserve Bank's cash rate decision for August, to be delivered tomorrow, is expected to be a major driver of sentiment in the Australian stock market this week as investors prepare for the annual corporate earnings...
Finance News - August 2nd How is the average Aussie household faring today? In this present whirlwind of economic news, how is the average Australian faring? Financial news headlines shout that inflation is low, wage growth has been virtually stagnant and many savings accounts are bringing in considerably less...
Finance News - July 29th ASX Update: Wesfarmers, Woolworths up, Rio Tinto, BHP down The Australian stock market set a new record last week, with strong trading by the major banks helping to smash the All Ordinaries Index’s pre-Global Financial Crisis high. The All Ords reached 6862.4 on Wednesday, the...
Finance News - July 25th In-store security crackdown as shoplifters steal $2 billion a year from retailers New research shows that sticky-fingered thieves are stealing almost $2 billion a year from shops, with meat, baby formula and phones among the most commonly stolen items. The Australia and New Zealand Retail Crime Survey of...
Finance News - July 24th Getting a home loan from CommBank, NAB, ANZ, Westpac could now be easier Qualifying for a home loan may have just become easier, after each of the big four banks relaxed one of their financial tests for hopeful home buyers. ANZ, Commonwealth Bank (CBA), National Australia Bank (NAB) and...
Credit Cards - July 24th Home loan interest rates are falling: Are credit card rates going down too? The answer is: it will probably depend on what type of credit card you have. Interest rates on a range of bank products – including home loans, savings accounts and term deposits – have been dropping...
Finance News - July 23rd CBA last of the big four banks to slash savings rates after RBA cash rate cuts Australia's largest bank has reduced interest rates on its savings accounts. Commonwealth Bank will bring the base interest rate on its NetBank Saver Account down by 0.20 percentage points to just 0.15% from today. This means...
Finance News - July 22nd ASX weekly: AMP, CIMIC down, NAB, CSL up but market in neutral territory After a week that left the Australian share market in neutral trading territory, financial markets are expected to look to the Reserve Bank for indications on the next cash rate move. How did the ASX perform...
Finance News - July 16th Pensioners’ payment boost “not enough” More than 630,000 Australians will score a pension boost this year, after changes to the way the age pension is calculated were announced on the weekend. But, a pensioner group said the cuts to deeming rates...
Finance News - July 16th Downside of a cash rate cut: NAB, ANZ, Suncorp, ING slash savings account interest rates Australian savers “are now staring down the barrel at zero interest rates”, as two of the big four banks slash interest rates on savings accounts in the wake of the recent cash rate cuts. On July...
Finance News - July 15th ASX Weekly: NAB climbs but ANZ, CBA and Westpac stumble The Australian stock market was last week trading at its highest point since before the global financial crisis 12 years ago, as a wave of positive sentiment fueled by lower interest rates swept world equities markets....
Finance News - July 12th Tax returns hiccup as myGov portal crashes under increased demand UPDATE: The online portal millions of Australians will use this year to lodge their tax return has crashed, after the launch of a new system requiring income tax payers to log in to download a vital...