Finance Stories

Mr Frydenberg, in his Budget speech, said the new round of reforms was introduced because the current system was “letting too many Australians down”, particularly when it came to fees. “Australians are paying $30 billion per...

The First Home Loan Deposit Scheme (FHLDS) has been extended, with an extra 10,000 places open from 6 October, 2020. This special additional round of the FHLDS is also being referred to as the 'New Home...

Today's decision from the RBA to hold the cash rate was widely anticipated by many economists, who believed the central bank would take the opportunity to assess the Federal Budget, announced later today, before moving on...

Speculation is building as to what the Reserve Bank of Australia (RBA) will announce at its monthly monetary policy meeting at 2:30pm AEDT today, due just hours before the Federal Budget update is broadcast to Australian...

A Canstar survey of 1,024 Australian adults in July found that close to one quarter (24%) – the equivalent of around 4.7 million people* – didn't challenge or were unsure if they challenged unknown, incorrect or...

The major bank made cuts of 0.10 percentage points to the introductory and bonus rates on its iSaver and Reward Saver accounts. The new rates, effective Tuesday, 29 September, are: 0.85% – NAB iSaver (0.05% base...

Today's rate cuts from CommBank sees its lowest owner-occupier variable rate drop to 2.69% (2.70% comparison rate), while for investors the major bank's lowest variable rate now sits at 3.12% (3.13% comparison rate). The interest rates...

Many health insurers postponed increasing premiums in April this year for a period of six months, to provide immediate budget relief to Australians during a time of uncertainty. That six-month clock is about to strike on...

ING sent an email to customers this afternoon notifying them that the total interest rate on their Saving Maximiser account would be cut from 1.65% to 1.50% on Friday, 25 September. While the base interest rate...

As the number of Australian cases continues to fluctuate, the COVID-19 pandemic has forced Victoria to extend its state of emergency while other states are working to contain various clusters and outbreaks. In an effort to...