Finance News - Page 80

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.

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...

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...

Australia’s financial intelligence agency, AUSTRAC, is just one of the nearly twenty partners involved in a new anti-financial crime alliance.

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...

New consumer research has provided an insight into how consumers buy insurance, and some of the trends revealed by the research are worrying.

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...

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...

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...

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...