Finance News - March 28th Payday Loan Regulations: Advocates Push For Immediate Action A delegation of multiple consumer advocacy groups has met with MPs today in a push for tougher regulation of the payday loan industry.
Finance News - March 28th 1 in 4 Australians Worry About Their Finances Daily According to new research from Mortgage Choice, nearly a quarter of Australians worry about their finances daily.
Finance News - March 27th Pharmaceutical Benefits Scheme (PBS) Is Discounting Drugs In Update More than 1,100 medicine brands will have their prices reduced under the updated Pharmaceutical Benefits Scheme (PBS), the government has announced.
Account-Based Pensions - March 27th The Disturbing Trend Threatening Australia's Retirement Income System Australia's falling home ownership rate threatens to increase Age Pension dependence and "condemn future generations to poorer living standards", according to a new report. Commissioned by the Australian Institute of Superannuation Trustees (AIST), the report No...
Finance News - March 21st What Gen Ys Want From Their Banks A new report from professional service company KPMG has put the spotlight on what Gen Ys want in banking, and what banks can to do help.
Finance News - March 20th Households Face Tax Hikes Unless Budget Fixed, Warns BCA The Business Council of Australia (BCA) has warned that a continuing Federal Budget deadlock could have serious financial ramifications for the Australian people. In their submission to the 2017-18 Federal Budget, the industry association BCA described...
Finance News - March 16th CBA Cuts Max LVR To 90% For Investment Home Loans Property investors looking to take out home loans through the Commonwealth Bank (CBA) may now need to save larger deposits, after the bank cut its maximum loan-to-value-ratio (LVR) from 95% to 90%. This means they will...
Finance News - March 8th New Cross-Sector Alliance Set To Combat Financial Crime Australia’s financial intelligence agency, AUSTRAC, is just one of the nearly twenty partners involved in a new anti-financial crime alliance.
Finance News - March 6th Are Power Outages Covered By Your Home Insurance? A power black-out can blow out your fridge and freezer, meaning a lot of expired food and medicines – but is that enough to make a contents claim? With all the power troubles South Australia has...
Finance News - February 15th Gen Y Wants Super Taught In Schools If you’re a young Australian who feels ill-equipped when it comes to superannuation know-how, it turns out you’re not alone. A recent study by Club Plus Super has revealed that a majority of young Australians view...
Finance News - February 10th Life Insurance Made Safer By New Reforms After years of debate and scandal concerning the life insurance sector, the Turnbull government has passed legislation designed to enhance consumer outcomes. The Minister for Revenue and Financial Services Kelly O’Dwyer stated that the reforms “demonstrate...
Finance News - February 3rd Should Homes Be Included In The Aged Pension Asset Test? The assets test for the Age Pension may soon become quite a bit more stringent, with calls being made to make a serious change to the assets it considers. The Age Pension assets test does...
Finance News - January 31st The Surprising Destination of Choice for Millennials In a surprising turn of events, Australian millennials have nominated Tasmania as their favourite holiday destination in the country. Yes, you read that right. According to a survey of almost 14,000 Gen Y individuals conducted by...
Finance News - January 30th Banks Announce Plans To Do Better in 2017 As a result of research from 2016, the big banks have announced the Better Banking program, designed to improve quality of service for all customers.
Finance News - January 13th The Costs We Prioritise In Times Of Financial Hardship New research from NobleOak reveals some interesting things about what costs we prioritise in the case of financial hardship.
Finance News - January 11th Aussie household goals for finances in 2017 Data from ME shows Aussie households need to budget better. We look at the financial goals Australian households are setting for the new year.
Finance News - December 19th Will you regret your holiday home purchase? A real estate expert says that many holiday home buyers end up regretting their purchase after 6 months. Can you relate?
Finance News - November 24th Australian Charities Set To Fight Hunger This Christmas Thousands of Australians will go hungry this holiday season, but charities are fighting to put food on the table for Christmas day.
Finance News - January 5th Why is the Chinese stock market falling? Chinese stock marking is in freefall – here are some reasons why