Credit Cards - July 3rd Should Small Businesses Prepare For Credit Card Surcharge Changes? Australian small businesses are being urged to start preparing now for the upcoming ban on excessive card surcharges that will apply to all business from 1 September 2017. The new card payments regulation set out by...
Finance News - June 30th Last Minute Checklist for Super Changes The end of the financial year is already a stressful time for many people sorting out their tax returns, but this year you also need to be aware of the big changes to superannuation on 1...
Finance News - June 29th $10 Billion Expected To Flood Super Accounts before July 1st Extra super contributions over the last 3 months of the financial year are expected to hit $10 billion as Aussies try to get in before the 1 July restrictions. Colonial First State Executive Manager Craig Day...
Finance News - June 28th Australia Fifth In The World For Fintech Adoption Australia has the fifth-highest rate of financial technology use in the world, according to a new report from Ernst & Young (EY). The EY Fintech Adoption Index found Australia’s population to have an adoption rate of...
Finance News - June 27th Apple Bans Westpac's Messaging Payments Feature Under orders from technology company Apple, Westpac will remove the keyboard function from its mobile banking app in July. First launched in March 2017 as part of the update to the Westpac Mobile Banking iPhone app,...
Finance News - June 23rd Major Banks Come Out Swinging Against SA Bank Levy The banking industry has erupted with hostility and criticism in response to the South Australian Government’s newly announced bank levy, describing it as "outrageous". The new levy, announced as part of the state’s 2017 Budget, would...
Finance News - June 20th Moody’s Downgrades Credit Rating Of The Big Four Banks The big four banks and a number of smaller institutions have had their long-term ratings downgraded by Moody’s, due to what it sees as housing market risks.
Finance News - June 16th Unemployment Hits Cyclical Low, Labour Market Tightens New figures show unemployment at a record low for May, marking eight back-to-back months of increasing employment levels since September last year.
Finance News - June 14th The Average First Home Buyer Hasn’t Gotten Any Older New research from the Commonwealth Bank of Australia shows that despite increasing house prices, the age of the average first home buyer hasn’t gone up lately.
ETFs - June 9th Concern Over Chinese Economy Is Bad News For Ours Australian experts are voicing concern about the strength of China’s economy, saying that a crash in the Chinese markets could have a knock-on effect here.
Finance News - June 9th A Future Without Cash Could Be Closer Than We Think Cash definitely has less of a presence in our wallets these days, but CBA’s head of technology is predicting a cashless society in the near future.
Finance News - June 6th Sydneys' First Home Buyers Saving 40 Years For Deposit If you are currently gathering every cent of your savings to buy a house in the big city, you may be disappointed to hear it takes 40 years to save for a house deposit in Sydney, according to new research.
Finance News - June 2nd ASIC Seeks Feedback On Proposed Statement Of Advice ASIC has a new example Statement of Advice (SOA) for life insurance, and is currently seeking feedback by way of a newly released consultation paper.
Finance News - June 2nd NSW Premier Announces Stamp Duty Concessions For First Home Buyers NSW Premier Gladys Berejiklian has announced that first home buyers in the state will be provided with stamp duty concessions that could save them up to $34,360.
Finance News - May 30th Student Financial Literacy On The Decline Australia's financial literacy among students aged 15-16 has fallen over the last 3 years, according to a new report from the OECD.
Finance News - May 30th Aussies Paying Billions In Superannuation Fees Australians paid more than $31 billion in total superannuation fees last year, according to research commissioned by Industry Super Australia.
Finance News - May 24th More Young Investors, And Careful Ones Too A new report from ASX has revealed that the number of young investors is on the rise, but that they’re more cautious than their retiree counterparts.
Finance News - May 24th Why Property Markets Slowed Over April In the latest report from CoreLogic, data shows a dip in the housing market – does this indicate the start of a price slide?
Finance News - May 23rd S&P Hits 23 Aussie Banks With Credit Rating Downgrades Global credit ratings agency Standard & Poor's (S&P) have downgraded the credit ratings of 23 Australian financial institutions due to concerns over house price growth and a potential housing correction.
Finance News - May 22nd Could Genetic Testing Inflate Life Insurance Premiums? New research has found that genetic testing could result in a significant increase in life insurance claims, and a subsequent lift in life insurance premiums.