Finance News

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...

The 'buy now, pay later' phenomenon has made its way into the airline business, as Afterpay becomes available for Australian customers to book domestic flights with Jetstar from today. Retail payments platform Afterpay has announced its...

The Nick Xenophon Team will soon introduce legislation which will attempt to combat the issue of unpaid and underpaid superannuation.

The majority of Australian small-to-medium sized business owners in 2017 believe that their businesses are safe from cyber attacks, according to accounting software company MYOB. MYOB's August SME snapshot found that 87% of Australian small-to-medium sized...

New research has revealed 89% of Australians want more competition in consumer lending, but only 15% know about positive credit reporting and how it could improve product choice and interest rates for consumers. GetCreditScore.com.au's survey of...

The move away from high emissions vehicles may be sooner than we thought, with the Turnbull Government announcing its support for a $100 million asset finance program to get more Australians switching to electric cars. The...

Superannuation funds are set to experience an industry-wide shake up following a move by the Australian Securities and Investment Commission (ASIC) to make super fees and costs more transparent in a bid to help consumers and...

Property investment platform BRICKX has expanded beyond Sydney and Melbourne, with its newest property located in St Peters, Adelaide. BRICKX's portfolio was previously comprised of properties solely located in Sydney and Melbourne, however its 14th property...

A new survey has found that the biggest life regret of Australians is 'not saving enough'. The Financial Planning Association's (FPA) national research findings released earlier this week revealed that for 37% of people, drawing up...

New research from Roy Morgan has found that millennials are responsible for nearly half of the growth seen in the private health insurance market since 2008.

New research shows that Australians prefer to spend their tax refunds on travelling over paying off debt and investing money. G Adventures Australia commissioned a survey of over 1,000 Australians in July, which revealed that people...

Dodgy new car retailers have been put on notice by the competition watchdog, with findings from a report highlighting widespread issues affecting new car owners. The Australian Competition and Consumer Commission (ACCC) released a draft report today...

A new report commissioned by the Government shows that inadequate sleep is costing the economy more than $66 billion per year. The report, released by Deloitte Access Economics in collaboration with the Sleep Foundation, found that...

New research shows that Australians on average believe they will need $1,142,000 in savings or investments to retire comfortably, but most expect to only have little more than half that amount saved up by that point....

With over 60% of all fintech start-ups in Australia based in Sydney, a new report will recommend that the New South Wales government lift its efforts to support the local financial services industry, in the face...

Bill Shorten has announced Labor's proposed plan to target family trust tax loopholes by applying a minimum tax rate of 30% to high-income earners who use trusts to minimise tax. Addressing the NSW Labor Conference in...

Hepatitis C patients and sufferers of a rare white blood cell cancer have been given a reprieve with new Pharmaceutical Benefits Scheme (PBS) drug listings. Each year, around 800 Australians die from a Hepatitis C infection,...

Online consumer electronics retailer Kogan has expanded its offerings into the insurance market, where customers will have access to home, contents, landlord, car and travel insurance products. The new brand, Kogan Insurance, will be backed by...

New research shows that more than half of Australians would prefer to use fingerprints, voice, or retina scans over PIN codes when making payments, and some are even ready for artificial intelligence. According to research commissioned...