Finance News

Three giants of the Australian banking sector are collaborating to create a new mobile payments platform for consumers and businesses. The application is called Beem It and will allow users to store their debit card information and...

Despite a strong showing from Victoria off the back of increased housing demand, NSW is once again the best-performing Australian state.

People living in Melbourne who have private health cover with Medibank and AHM can now find a local GP, get a quote, pay and claim their benefit with the HICAPS Go mobile app, dubbed the “Uber...

The very first Qantas Dreamliner plane has landed in Sydney this morning, ushering in a new era of Australian air travel. The new aircraft - named 'Great Southern Land' by Qantas - will be the first...

Melbourne-based fintech startup CanYa has sold $1.8 million of its cryptocurrency in less than 24 hours in a market pre-sale this week. CanYa is an online peer-to-peer (P2P) marketplace that enables users to broadcast job requests...

According to new research, Australian females have hit a new high for life expectancy, with one industry expert saying this could lead to lower life insurance premiums for women. The Australian Bureau of Statistics' (ABS) latest life...

In the short time since the Government's sweeping health insurance reforms were revealed, there's been a mixed-bag of statements and responses. Here's what we've heard from the biggest stakeholders in the wake of these momentous changes. Source:...

The Government is introducing a slew of changes to private health insurance - here's the lowdown on what they are and what they mean for you.

A recent study has revealed Australia might be about to experience a "terminal decline" away from credit card usage as the nation reaches what researchers dub the 'Peak Credit Card' period. ZipMoney's analysis of RBA (Reserve...

Instantaneous fund transfers will soon be a reality for customers of the 'big four' and 50 smaller banks, and are set to launch around next Australia Day.

The RSPCA has warned pet owners to remain vigilant after a series of dog baiting incidences across Australia. The warning comes after an anonymous letter was found by a Western Australian family threatening to poison their...

New data shows that Australians are spending more per week on living and learning, with some of the biggest increases to spending for families being childcare services and education. The results of the Australian Bureau of...

Ahead of changes to equity crowdfunding laws being introduced tomorrow, an industry expert says Australia is "way behind" many other countries in this space. The Turnbull Government introduced legislation to parliament earlier this month to extend crowdfunding for...

Australia's alternative finance market has grown by 53% over 12 months according to a report released by KPMG, becoming the second largest in the Asia-Pacific region.   The report revealed Australia's alternative finance market increased from US$27 million in...

New research from the Australian Financial Security Authority has found that over a third of personal insolvencies in 2016 were caused by excessive use of credit.

Yesterday Commonwealth Bank led the charge and removed the $2 fee to use a 'foreign ATM' which saw the other majors quickly follow suit, but Australia's finance media haven't exactly reacted with universal praise for the banks....

Today the Commonwealth Bank announced the sale of its life insurance arms CommInsure and Sovereign to leading insurance provider AIA in a $3.8 billion deal. The sale agreement includes a 20-year partnership between AIA and Commbank...

Data has revealed Millennial and Gen X peer-to-peer lending investors utilise the one-month market more than any other. Analysis of the $150 million invested in peer-to-peer lending (P2P) platform RateSetter since its 2014 launch shows over...

According to a research report from KPMG Australia, default group insurance in the super system is generally good for members and the economy, but some groups are being ripped off by an imbalance between insurance benefits...

A new report has found that Australian online investors are choosing to stay with their current broker, while mobile platform functionality stands out as a major point of contention for traders considering a switch. Investment Trends' survey of...