Finance News - Page 56

Australians' superannuation savings could be $3.8 billion better off each year if the twin evils of multiple super accounts and underperforming funds were addressed, the Productivity Commission says. The commission’s final report into the nation’s $2.7...

Sydney's "catastrophic" hailstorm has forced one of Australia's largest insurers to draft in staff from across its global business to handle an influx of car insurance claims, days before Christmas. Sydney residents experienced severe thunderstorms where...

Private health insurance customers will be slugged with premium increases after the federal government announced an average hike of 3.25% for 2019. While the average cost of health insurance will go up, Federal Health Minister Greg...

Weakness across the banks and falls from Telstra and biotech giant CSL helped drag the share market lower last week. The benchmark S&P/ASX 200 index and the broader All Ordinaries index each dropped about 1.4% to close...

The Australian share market broke its recent losing streak and managed to end the week higher for the first time in a month, largely due to international factors. The benchmark S&P/ASX 200 index was up 0.26% to...

Coles Little Shop mini collectables are back from today. While many families have embraced the popular campaign, one economist warns how these types of incentivised shopping schemes can impact a person's spending behaviour. There are five...

The Australian share market was down last week, with some of the heavy losses coming from Coca-Cola Amatil and mining stocks. The benchmark S&P/ASX 200 index was down 0.85% to 5,667 points at the close last week, and...

Co-author: Ellie McLachlan Drifting along, inattention and putting profit before customer outcomes were some of the explanations the bosses of the big banks and regulators offered the royal commission when asked why misconduct was allowed to occur....

The Australian share market closed lower last week, as falls across the energy and mining sectors overpowered the big four banks' gains. Over the course of last week, the benchmark S&P/ASX 200 and the All Ordinaries...

The corporate regulator's reluctance to pursue the major banks, Commonwealth Bank's sale of dubious insurance policies and Westpac's opposition to a number of potential industry reforms were among the key issues heard during the banking royal commission's latest public...