Finance News - Page 37

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...

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...