Finance Stories - Page 3

The Australian S&P/ASX 200 index has maintained its position above 6,000 points today after yesterday breaking through the so-called 'GFC barrier' for the first time in nearly 10 years. The benchmark index had been relatively flat for...

A new road safety app has launched which is set to make it easy for Australians to check out safety rating information before buying a new car. The ANCAP Safety mobile app, aimed at helping consumers make...

New figures released by the Department of Foreign Affairs show over 12,000 Australians required assistance from consular officers during overseas travel from 2016-2017. According to the data, 1,701 Australians required hospitalisation and 1,653 people died, which...

In news set to add a little more to the nest egg of its customers, industry super fund Intrust Super has announced a 7% reduction to life and total disability insurance held within its super accounts....

Australians are paying more out of pocket for doctors visits despite record high bulk billing rates, according to the latest Medicare statistics from the Department of Health. Out of pocket costs for GP services increased by...

Australia's largest credit union has partnered with Silicon Valley-based innovators Pivotus Ventures to tap into international banking and technology expertise, and plans to launch a new mobile banking app in the coming months. Yesterday CUA announced it...

New research by Westpac shows that saving to buy a house or property is the highest priority for most Millennials, with people who have regular saving habits putting away an average of $500 each month. Westpac...

Industry hub Australian FinTech has launched the nation’s first online jobs platform for the financial technology sector. The new Australian FinTech Jobs website was launched on Tuesday, with the aim of further fostering the growth of...

Despite the recent surge of the Australian dollar amid US market weakness, economists are forecasting the dollar to fall to 70 US cents in 2018. Westpac economists have revised their target level of the Aussie dollar's (AUD)...

Travellers going through Australia's international airport security will now be able to avoid long lines thanks to new facial recognition technology being rolled out around the country, which may eventually replace the passport for some passengers.

The Australian dollar broke through 80 US cents overnight for the first time since May 2015 on the back of US dollar weakness, despite talk from the Reserve Bank (RBA) that rates will remain on hold for now.

The annual inflation rate has fallen to 1.9%, and analysts say this will keep the Reserve Bank from raising interest rates anytime soon. The national measure of inflation came from the Consumer Price Index (CPI) today,...

Kinetic Super and Sunsuper members may soon see a reduction in fees and have more products and services available to them, following an announcement that the two funds are merging. After a comprehensive due diligence process...

New research has revealed that 70% of packaged foods contain sugar which is not clearly identified by nutrition labels. The study, which was conducted by the George Institute for Global Health in Sydney, reviewed more than...

The Turnbull Government says it will investigate how an open banking regime could give Australian consumers greater access to their own banking data and make the financial sector more competitive. Treasurer Scott Morrison announced that the...

New South Wales has been named as Australia’s best performing economy by the latest report from CommSec. The quarterly State of the States report compares Australia’s states and territories on a number of factors including economic...

The Federal Government has announced an overhaul of superannuation laws to give Australians more control over their retirement savings, and make it easier to opt-out of life insurance held within your super fund. The government’s Superannuation...

The Federal Government’s digital GST reforms will come into effect on 1 July, headlined by the so-called ‘Netflix tax’ on digital streaming services. Following new legislation introduced in the 2015-16 budget, imported digital products and services...

The financial services agencies of Australia and Japan have launched a new cooperation framework designed to boost fintech innovation between the 2 nations. The Australian Securities and Investments Commission (ASIC) and the Japan Financial Services Agency...

The superannuation industry and some members of parliament have joined forces in a bid to remove a law that affects over 300,000 Australians each year.