Finance News

The Bank of Queensland has rolled out a number of new home loan discounts that will deliver small rate cuts for some existing customers. From today, the bank has cut rates across its discounted two and three-year fixed standard...

Weakness across the major banks and some heavyweight health stocks contributed to the Australian share market's falls last week. The benchmark S&P/ASX 200 dropped 0.45% to 6,175 points, while the broader All Ordinaries index fell 0.35%...

Bendigo Bank says its online banking is back up and running after an "unexpected outage" had left some customers out of pocket for more than 24 hours. The bank said on X that the blackout was...

Bendigo Bank says its online banking is down due to an "unexpected outage", leaving some customers unable to pay for fuel at the petrol station. Just after 5am today, the bank told customers its ebanking services were unavailable...

The Federal Government has introduced a new tiered system of private hospital insurance which will begin rolling out from 1 April, 2019. Under this new system health funds will have to classify hospital policies into four tiers...

The share market edged higher last week thanks partly to strength from major retail and health stocks, despite overseas markets falling on global growth concerns. The benchmark S&P/ASX 200 rose 0.19% to 6,204 points, while the...

The Federal Government has introduced a new tiered system of private hospital insurance which will begin rolling out from 1 April, 2019. Under this new system health funds will have to classify hospital policies into four tiers...

The Reserve Bank is content with keeping the cash rate on hold, in contrary to the busy mortgage market where a flurry of lenders have been recently lifting and cutting home loan interest rates. The RBA board...

The local share market closed higher last week, thanks mainly to gains across the health care, financials and retail-related consumer discretionary sectors. In the final week of the February reporting season, the benchmark S&P/ASX 200 finished...

Woolworths has upped the collectibles stakes by offering shoppers a chance to win a trip to Disneyland, in a move that's expected to give customers a similar dopamine rush to what smokers get when they light up. And it's...

With more than one million people expected to jump on the Click Frenzy Travel website tonight to bag a bargain for their next holiday, one finance expert says it's important to factor in the need for...

More than 300,000 customers of St. George Bank, Bank of Melbourne and BankSA now have the option to use their Google Pay digital wallets to withdraw cash from a range of major retailers from today. Caltex, Domino's Pizza, FoodWorks,...

Strength from the banks and major miners alongside a string of better-than-expected company earnings results helped lift the share market last week. The benchmark S&P/ASX 200 finished the week up 1.67% at 6,167 points, while the...

Westpac is facing a class action for allegedly approving home loans to people who could not afford them, in breach of responsible lending laws. Maurice Blackburn lawyers filed an open class action against Westpac in the...

The Australian share market ended last week flat, with gains across the energy and mining-related sectors helping offset losses among the heavyweight health care stocks. The benchmark S&P/ASX 200 finished the week 0.08% lower at 6,066 points, while...

The corporate regulator wants lenders to factor in the greater spending levels of higher-income earners when approving home loans. The Australian Securities and Investments Commission (ASIC) has released a consultation paper around proposed changes it plans to make...

Coles has launched its third collectables campaign in six months off the back of its popular Little Shop promotion, but one retail expert warns there's a danger of consumer fatigue. Hot on the heels of its...

Westpac has announced hikes and cuts to some of its fixed rate home loans for new and existing customers, effective from today. The major bank's packaged home loans for owner occupiers paying principal and interest have...

The big four banks led the local share market higher last week, after a milder-than-expected banking royal commission final report was released. The benchmark S&P/ASX 200 finished the week 3.57% higher at 6,072 points, while the...

Debate over the benefits and risks of My Health Record is raging on social media as the deadline to opt out looms. Some Australians have security concerns, while others argue the national digital system could reduce medical errors and...