Finance News

A number of superannuation funds have been falling short on their obligations to provide transparent information to consumers on their websites, according to the Australian Securities and Investments Commission (ASIC). ASIC announced on Tuesday that they...

In an industry-leading move, Cbus super has taken action to prevent opt-out life insurance cover within super from unnecessarily chipping away at the savings of its 700,000+ members. Cbus CEO David Atkin has announced a deal...

Two of Australia's largest travel insurance providers have adjusted their policies to accommodate particular mental illnesses claims. Over the last 2 months, both Cover-More Australia and QBE Insurance have removed exclusions that denied cover to policy-holders...

National Australia Bank (NAB) is urging customers to be on high alert for scammers and phishers this end of financial year (EOFY). NAB’s head of Anti-Fraud and Forensic Services, Claire Shaw, says that the EOFY period...

At this month's meeting, the Reserve Bank of Australia (RBA) held the cash rate at the record low of 1.50%. This marks the tenth month in a row that the RBA has held rates steady, with...

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...

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...

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...

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...

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,...