Finance News - Page 38

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...

Young Australians are set to benefit from a further commitment by the Turnbull Government to fund a financial literacy program for another 4 years. The new agreement, announced today by Minister for Revenue and Financial Services...

A new study from Natixis Global Asset Management has placed Australia as the sixth best country in the world for retirement welfare, just behind New Zealand and Norway. The 2017 Global Retirement Index, touted as an...

Property investment platform BRICKX has revealed its 13th listed property will be a house in Balmain, with bricks selling at $140 from Thursday 20 July. Balmain, situated in Sydney’s prestigious inner-west, has seen a 13% boost...

A consumer watchdog report into the private health insurance industry has found that people have trouble understanding their policies, and are starting to choose cheaper policies with lower benefits. The Australian Competition and Consumer Commission (ACCC)...

For the first time, American Express (Amex) has launched a credit card specifically designed for small businesses. In an bid to help small business owners get more back from the work they put into their business,...

The Federal Government has released draft legislation that aims to increase the fairness of tax deductions for investment properties. The office of the Treasurer announced the draft legislation on Friday, which will limit the extent to...

Self-managed super fund trustees are overwhelmingly opposed to the practice of accountants and advisers sending their personal financial information overseas to unknown entities, according to a new survey. Superfund Wholesale's survey of SMSF trustees revealed that...