Finance Stories - November 8th ETF popularity and SMSFs propel ASX 200 upwards 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...
Car Insurance - October 6th Aussies Make Record Number Of Financial Disputes in 2016-17 The Financial Ombudsman Service (FOS) recorded a record number of disputes this year, largely driven by continued growth in general insurance disputes due to insurance industry issues and the impact of Cyclone Debbie. The FOS Annual...
Car Loans - October 5th ANCAP Launches New Car Safety App 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...
Finance Stories - October 5th 12,000 Aussies Needed Help Overseas in 2016/17 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...
Finance Stories - October 4th Intrust Super Cuts Insurance Premiums For Customers 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....
Finance Stories - August 22nd Australian Patients Further Out Of Pocket 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...
Finance Stories - August 18th CUA Joins New Fintech Partnership With Pivotus 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...
Car Insurance - August 17th Insurance Premiums Skyrocket In Victoria As Crime Increases New data shows insurance premiums for vehicles and domestic properties in Victoria have skyrocketed as a result of increased theft and burglary, with claims on domestic properties almost doubling those in all other states and territories. The Insurance...
Finance Stories - August 16th Saving To Buy A Home Is The Highest Priority For Most Millennials 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...
Finance Stories - August 15th Australian FinTech Launches New Jobs Platform 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...
ETFs - August 14th Aussie Dollar Tipped To Fall To 70c In 2018 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)...
Finance Stories - July 27th Facial Recognition To Take Over Passports At Australia's International Airports 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.
Finance Stories - July 27th Aussie Dollar Breaks Through 80 US Cents, Despite RBA Economic Outlook 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.
Finance Stories - July 26th Inflation Eases in June Quarter, RBA Expected To Keep Rates On Hold 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,...
Finance Stories - July 25th Members To Benefit From Sunsuper and Kinetic Super Merger 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...
Finance Stories - July 25th Health Star Ratings Failing To Disclose Added Sugar 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...
Finance Stories - July 24th Australians Could Benefit From Greater Access To Their Banking Data 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...
Finance Stories - July 24th CommSec Ranks NSW Economy Best, WA Worst 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...
Finance Stories - July 24th Super Changes: Australians To Get More Control Over Their Retirement 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...
Finance Stories - June 26th Australian ‘Netflix Tax’ To Come Into Effect On July 1 2017 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...