Finance Stories - Page 4

On Friday, Australia's biggest five banks were asked to appear at a Senate inquiry in Canberra to face questions over the Federal Government's controversial $6.2 billion bank levy introduced in the 2017 Budget. In a last-ditch...

The major parties in the Senate have agreed to extend the goods and services tax (GST) to overseas purchases of less than $1,000, but have pushed the implementation date for the change back by a year....

Users of the automated investment app Acorns can now access a new responsible investment option that meets environmental, social, and corporate governance standards.

Almost 2 million more Australians will be able to use their mobile devices to make quick and easy purchases with Samsung Pay, thanks to a new deal between payment services provider Cuscal and Samsung.

Australian fintech businesses wanting to operate in Hong Kong, and vice versa, will now be able to do so thanks to a new framework for cooperation which supports financial innovation in both economies.

Dr Alan Finkel has unveiled a Clean Energy Target (CET) that may see consumers pay lower electricity prices in the long-term, but some say his emissions reduction strategy is weak.

Know a leading lady in the financial sector? Submissions are now open for the 2017 Women in Finance Awards. This prestigious flagship event, sponsored by ifa and National Australia Bank (NAB), highlights the outstanding work of...

Scott Morrison says it is a "tremendous national achievement" that a generation of Australians have grown up without a recession, but we need to pay attention to where the economy goes from here.

It's good news for the Australian tourism industry this week – international tourists are officially staying longer and spending more money. Tourism Research Australia has released the results of the International Visitors in Australia survey for...

penalty rates cuts Australia's lowest-paid workers are set to see a 3.3% increase in their weekly wages, adding an extra $22.20 to their wallets each week. The Fair Work Commission has lifted the national minimum wage...

The 2017 Federal Budget has been met with a contrast of loud support and bitter disappointment. With changes to the Medicare Levy and the Medicare rebate freeze, this year’s health Budget will impact a lot of people.

Since the introduction of the $2 billion government initiative My Health Record, more than 4.7 million Australians have agreed to have their health information reported online.

Life insurers will have to hand over their data by the end of this financial year to enhance public reporting of claims, and improve transparency and accountability of the industry.

Last night Treasurer Scott Morrison announced his Federal Budget, featuring hot topics like housing affordability, taxing the big banks, education, and lifting the Medicare rebate freeze. The Budget has been received with intense analysis and criticism...

Mothers of all types are spending more time on unpaid domestic work around the house than their partners, so remember to take a second to thank your mum this weekend on Mother's Day.

Some of Australia's biggest financial institutions are pouring increasing amounts of money into the growing fintech and insurtech (insurance technology) sectors.

Consumers interested in investing in the housing market have been hit with a wave of bad news recently, hearing about everything from a housing slump, to mortgage stress, to city house prices slowing.

ING Direct is taking a new approach in the credit card industry, with increased repayment on its credit cards, so that customers don’t spiral into debt.

HSBC Bank Australia customers can now enjoy the benefits of mobile payments, with the addition of Apple Pay™ to their list of services.

Medicine in the future is likely to be dominated by technology such as wearables and implants, as well as a host of other innovations.