Finance News - Page 58

The ASX 200 suffered its biggest weekly fall in three years last week, driven by heavy losses on the US share market. All sectors of the local share market closed lower last week with energy leading losses amid...

In recent days there have been many claims around what the new health insurance rules will mean for policyholders. Some say premiums will rise and cover will fall, while others say nothing will happen. So, what...

Imagine your next shopping trip involves sticking out your sleeve or waving your gym towel or keys to pay for something. This is what Westpac is now offering customers who bank with them. Westpac has today...

Macquarie savings and transaction account holders will be able to purchase discounted eGift cards from more than 40 leading retailers from today. The bank has launched Macquarie Marketplace, a platform available within the Macquarie mobile banking app and...

Strength across the mining and energy stocks, including gains by heavyweight BHP Billiton, were not enough to offset losses from the big four banks last week. The S&P/ASX 200 fell 0.35% to 6,185.50 points and the...

Banking Royal Commissioner Kenneth Hayne has blamed greed for the financial sector's misconduct because "how else is charging continuing advice fees to the dead to be explained?" The Royal Commission into Misconduct in the Banking, Superannuation...

Major miners BHP Billiton, Rio Tinto and Fortescue Metals and big banks Westpac and Macquarie were among some of the best performers on the share market last week. The mining-related materials sector led the Australian share...

Co-author: Petrina Berry Deceased people being charged life insurance premiums, significant delays in urgent home repairs for natural disaster victims and misleading car and travel cover were among a number of  revelations to come out of the...

A peak legal group is concerned domestic violence perpetrators could access the whereabouts of their children through the My Health Record system. The Law Council of Australia has warned that the Australian Government's My Health Record...

Supermarket giant Woolworths and major banks NAB, ANZ and Suncorp took some of the biggest hits to their market value last week. Suncorp's life insurance arm was under the spotlight at the financial services royal commission...