Finance Stories

Co-author Ellie McLachlan After a year-long investigation that included seven public hearings, the financial services royal commission has released its final report today with 76 recommendations. About 19 of the recommendations suggest potential criminal breaches across...

The benchmark S&P/ASX 200 finished the week 0.36% firmer at 5,864 points, while the broader All Ordinaries index rose 0.49% to 5,937 points. Canstar General Manager of Wealth Josh Callaghan said another tragedy at a Brazilian...

‘Expectation vs. reality’ images were widely shared on social media, as attendees and journalists mocked the dismal execution and deceitful advertising of the festival. In January 2019, Netflix released the documentary Fyre: The Greatest Party That...

Imagine a bank that tracks your individual savings goals, gives you a nudge if you're veering off course, and even offers suggestions on where you could cut back on your spending to get there. These are just...

Research commissioned by UBank of 1,020 Australian adults found 48% of people say they often withdraw money from their savings accounts, with 11% of people doing so on a weekly basis. But according to the research, this tendency...

The seasonally adjusted unemployment rate fell below what economists predicted, now at the lowest level since January 2013, while the monthly trend rate remained at 5.5% as expected by Westpac Senior Currency Strategist Sean Callow. The number...

The nine institutions, including People's Choice Credit Union, Sydney Credit Union, Woolworths Employee's Credit Union, Nexus Mutual and FCCS, are the first in Australia to officially offer this payment method to eftpos cardholders, enabling almost two...

The benchmark index had been relatively flat for most of the year before posting gains of around 5% since the start of October, closing yesterday at 6,014 points. Today, it closed 0.03% higher at 6,016 points....

The announcement from the Treasurer comes following a Federal Budget promise to mandate positive credit reporting if lenders did not meet a threshold of 40% data reporting by the end of this year - currently sitting...

The FOS Annual Review shows it received 39,479 disputes in 2017, a 16% increase from last year. Accounting for about 38% of the overall increase, the number of general insurance disputes was up by 2,612. Almost one-third...