Finance News - Page 40

New figures show unemployment at a record low for May, marking eight back-to-back months of increasing employment levels since September last year.

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.

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.

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.

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.

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.

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.

Australia's financial literacy among students aged 15-16 has fallen over the last 3 years, according to a new report from the OECD.

Australians paid more than $31 billion in total superannuation fees last year, according to research commissioned by Industry Super Australia.

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.

In the latest report from CoreLogic, data shows a dip in the housing market – does this indicate the start of a price slide?

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.

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.

The latest scandal to rock the presidency of Donald Trump has had a widespread negative impact on domestic and international markets. Thursday saw the ASX 200 reach losses of around 1.5% before stabilising upon the release...

The finalists of Australia's inaugural FinTech awards have been announced, with 8 start-ups competing for the title of 'Fintech organisation of the year'.

The Government insists bulk-billing rates are at an all-time high, but the Opposition claims we’re paying more for our GP visits. Who’s right?

A large scale global cyber attack has now hit Australian businesses, and authorities warn there will likely be more to come. The Federal Government has confirmed that 3 private small-to-medium-sized businesses in Australia have been affected...

New data released by the ACCC has revealed that Aussies lost nearly $300 million to scams in 2016, with a 47% increase in scam activity over the year. The Australian Competition and Consumer Commission’s Targeting Scams...

In response to the release of the 2017 Federal Budget this week, Bill Shorten says Labor will back Government plans to raise the Medicare levy, but only for the top two tax brackets. The increase to...

Scott Morrison is set to reveal his government's Budget tonight and while much of it is a mystery, here's what we know will probably be in it.