Finance News - Page 29

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...

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%...

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...

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...

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...

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...

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...

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...

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...

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...

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 -...

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...

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...

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...

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...

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...

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...

Superannuation industry groups have accused the Government of failing to address the gap between women and men's retirement savings. Industry Super Australia’s Deputy Chief Executive Matthew Linden says men retire with about 40% more super than...

Are you on the hunt for a financial product that could improve your daily life? Canstar has revealed some notable financial innovations in Australia that may be what you’re looking for. Every year we invite Australian...

The Australian share market ended last week lower after it was unable to recover from last Monday's steep fall linked to global growth concerns. The benchmark S&P/ASX 200 dropped 0.23% to 6,181 points, while the broader...