Finance News - July 1st ASX Weekly: Afterpay, Rio Tinto, Telstra, CommBank, Westpac reach higher as Aveo, ANZ and Woodside fall Fintech company Afterpay endured a rollercoaster ride on the share market last week, while big guns Rio Tinto, Telstra, Commonwealth Bank and Westpac recovered ground. The last trading week for the 2018/19 financial year saw...
Finance News - June 28th BOQ joins UBank and Greater Bank in offering home loan rates below 3% A third bank is offering home loan interest rates just below 3%, with more lenders expected to follow as the nation's central bank embarks on a rate cutting cycle. Bank of Queensland has matched the lowest...
Finance News - June 24th ASX weekly: Telstra, Rio Tinto down, News Corp up as share market eyes off boom-time heights Telstra suffered a billion-dollar value drop, but a week of strong trading elsewhere saw the Australian share market coming close to smashing boom-time records. The All Ordinaries Index finished at 6,734 points (up 1.53%) and the...
Cryptocurrency - June 20th Will Facebook's new money be a game changer? The forecast for Libra, Facebook’s new currency, is that it's destined to either change the world of finance or destroy it. Social media has exploded with the news that social media giant Facebook plans to launch...
Finance News - June 17th ASX weekly: BHP, Rio Tinto, Telstra & CSL lead gains The Australian share market closed at an 11-year high last week, with the major miners, the telco giants and biotech heavyweight CSL leading market-wide gains. The benchmark S&P/ASX 200 and the broader All Ordinaries both closed 1.7%...
Finance News - June 7th 4 epic reads to kickstart your finances this winter It’s that time of year when sweatpants and thick socks are essential and a hot cuppa becomes our best friend. While taking advantage of the excuse to remain cozy indoors, it could be a good opportunity to...
Finance News - June 5th Who has the cheapest interest rates out of CBA, ANZ, NAB & Westpac? Australia's four major banks have cut mortgage rates in response to the Reserve Bank's decision to slash the official cash rate to a new historic low. Canstar takes a look at who is offering the lowest home loan...
Finance News - June 4th RBA cuts cash rate, home loan interest rates expected to follow Lower mortgage rates and an easing in house price declines are expected after the Reserve Bank chose to cut the official cash rate for the first time in nearly three years. Today, the RBA board decided to...
Finance News - May 27th ASX weekly: Commonwealth Bank, NAB, Westpac, ANZ rebound A rebound in banking stocks, thanks to an unexpected federal election result, helped lift the Australian share market higher last week. The benchmark S&P/ASX 200 closed 1.43% higher at 6,456 points, while the broader All Ordinaries...
Finance News - May 21st Click Frenzy Mayhem: Watch out for "impulsive purchases" A consumer expert has warned that Click Frenzy's latest mega sale could lure shoppers into spending money they don't have. The popular Australian shopping deals website will host a 29-hour sale called Click Frenzy Mayhem from 7pm tonight...
Finance News - May 20th Half of young Australians choose same bank as parents, CUA survey finds Half of young Australians choose the bank their parents use, bringing a whole new meaning to the phrase ‘bank of mum and dad,’ a new survey has found. The survey, carried out by Credit Union Australia...
Finance News - May 20th ASX weekly: BHP, Rio Tinto, Fortescue offset Westpac, NAB, ANZ & CBA losses The Australian share market closed higher last week ahead of the federal election, after the major miners helped offset losses across the heavyweight banks. The benchmark S&P/ASX 200 closed 0.88% higher at 6,365 points, while the...
Finance News - May 13th ASX weekly: Treasury Wine Estates sours investor taste buds The Australian share market finished slightly lower last week, with the nation's largest winemaker among the worst performers following serious allegations. The benchmark S&P/ASX 200 edged 0.38% lower at 6,311 points, while the broader All Ordinaries...
Finance News - May 10th ANZ follows CBA, Westpac and NAB with home loan rate cuts ANZ is the last of big four banks to start cutting its fixed rate home loans this year, while Macquarie Bank makes a number of variable and fixed rate changes today. The main rivals to ANZ -...
Finance News - May 9th From the ground up: How 'Jim' from Jim’s Mowing turned his debt around to build a multi-million-dollar franchise You’ve likely spotted his smiling face plastered over vans and trailers around the country, so who is the man under the bucket-hat? David ‘Jim’ Penman, is the founder of Jim’s group, one of the largest home-service...
Finance News - May 7th RBA holds off from rate cut ahead of federal election Just weeks out from a federal election, the Reserve Bank has decided to keep the official cash rate on hold despite a number of economists having predicted the first cut in nearly three years. The Reserve...
Credit Cards - May 1st Westpac hikes credit card interest rates ahead of possible RBA rate cut One of Australia's largest lenders has hiked interest rates across a number of its credit cards by 0.25 percentage points. Westpac has made changes, effective from today, to purchase rates and cash advance rates across its suite of...
Finance News - April 26th That Cost What!? 10 Popular Game of Thrones Questions Answered Doo doo, doo doo dooo dooo, doo doo dooo dooo, doo doo dooo dooo. In case you’re wondering, that is the Game of Thrones theme song. And it will likely be firmly lodged in many heads...
Finance News - April 15th ASX 200 weekly: Crown Resorts, Seven, BHP and Fortescue Metals lift All sectors rose last week to drive the Australian share market higher, with casino operator Crown Resorts among the leaders in share price gains. The benchmark S&P/ASX 200 rose 1.14% to 6,251 points, while the broader All Ordinaries index...
Finance News - April 8th ASX 200 weekly: Fortescue Metals, BHP and Rio Tinto rise The Australian share market closed flat last week after pulling back from a six-month high, partly due to federal election uncertainty. The benchmark S&P/ASX 200 edged 0.02% higher at 6,181 points, while the broader All Ordinaries...