New bank 86 400 is now up and running Neo bank 86 400 is offering services to the public just five weeks after securing a [...]
When you’re looking for a personal loan, you’ll see that you can take out either an unsecured or an unsecured one. It’s important to understand [...]
Home loans typically last for 25 or 30 years, unless you repay it early or refinance. Refinancing means using a new loan to pay off [...]
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The rise of online share trading platforms has democratised trading by making it more accessible to “regular” people. You don’t need to visit and hire [...]
OK you are looking for a personal loan because you need money sooner rather than later. Whatever your pressing need is, you don’t want to [...]
By Elle Hardy After six months of hype, the Commonwealth Bank’s new app has landed. Known as CommBank app 4.0, it is hailed as a [...]
When you think about borrowing money in order to invest it, the first thing you’ll probably imagine is an investment home loan. You borrow a [...]
Looking for an investment home loan is quite different to looking for an owner–occupier home loan. Here’s what you need to look at when you’re [...]
If you’re looking to shave off a few dollars from your mortgage each month, then turning to an online lender is a good option for [...]
Your bank account is how you manage your everyday finances, receive your salary or Centrelink benefits, pay bills and withdraw cash from ATMs. You can’t [...]
If you have a Qantas credit card you can earn Qantas Frequent Flyer points with every dollar you spend on day–to–day purchases. Very often, your [...]
When you’re looking for finance for business purposes, there’s a few factors to consider. You need to minimise the costs of the finance while maximising [...]
Notice saver accounts are a fairly new product to the Australian savings account scene. They’re a handy hybrid of term deposits and on-call savings accounts. [...]
There is a titanic battle playing out right now, behind the scenes, between Australia’s big banks, the Morrison government, the Reserve Bank, global credit card [...]
In the olden days (which means the 1970s at the most recent…), your savings account was a dull, stolid sort of investment vehicle that was [...]
Coles and Woolworths both offer credit cards that you can use in either store, as well as anywhere else that accepts credit cards. Each provider [...]
Accept payments on your phone with NAB National Australia Bank (NAB) and Melbourne based payments company Quest are trialling a new payment system that will [...]
Credit card issuers have been hauled over the coals by the Hayne Banking Royal Commission and banking industry regulators. The result is new rules to [...]
Commbank to savers: brace for more pain Commonwealth Bank chief Matt Comyn expects the Reserve Bank to cut interest rates by another 0.25 percentage points [...]
Your guide to switching banks Australians are more likely to get divorced than change their bank. But thanks to a number of government regulations in [...]
Most borrowers are clueless about their loan rate Three quarters of Australian borrowers don’t know their home loan interest rate according to new research released [...]
If you’re looking for a safe and predictable way to grow your savings that doesn’t need any experience or much input from you then a [...]
With many business loans, you might find that the turnaround time for your application can be anything from a few days to a few weeks. [...]
If you’re thinking of buying Bitcoin or another form of cryptocurrency, but you’re not sure how, or even if you should, then this guide is [...]
Despite recent property price falls, it’s still difficult to get together a 20 per cent home deposit. If you’re renting and trying to save up [...]
Bank customers get rights to own data Open Banking laws passed by parliament yesterday give consumers more rights to access their own data held by [...]
There are so many credit cards on offer in Australia that it can make your head spin! If you’re looking for a card, you need [...]
If you’ve suddenly got a few grand to invest, then you might be wondering what is the best way to make it work for you. [...]
One of the great things about a term deposit is that it’s not only a low risk way to earn a return on your savings, [...]
Limit $100 notes says government taskforce Australians are keeping wads of $100 and $50 notes hidden away and the government’s taskforce into the black economy [...]
At some point during the life of a business, the owner will think about getting a business loan for some reason or other. A business [...]
By far the most common way to buy and sell shares in Australia is on its share market, using either a broker or a stockbroking [...]
Term deposits are among the safest investment vehicles going. But it’s not enough just to choose something safe and secure, however, when there are lots [...]
Last month, Australia’s best-loved airline announced a fleet of changes to its Qantas Frequent Flyer program, meaning more seats and cheaper taxes for millions of [...]
Hong Kong protests ignite property market in Australia Foreigners are back in the Australian property market after largely disappearing in 2018 and early 2019 according [...]
Three of the four big banks have announced they will let merchants choose whether their customer’s contactless card purchases are processed by Visa, Mastercard or [...]
The Qantas Frequent Flyer program may be a household name in Australia, but Virgin’s Velocity program gives it a serious run for its money. Qantas [...]
RBA Governor Philip Lowe and the board of the RBA are being very clear with their messaging at the moment – expect more rate cuts [...]
Once you have your credit card and you’ve started to make purchases with it, you’ll also have to make payments in order to avoid large [...]
Do you remember the ‘Dollarmites’ school savings program that Commonwealth Bank offers to primary schools around Australia? It still exists—with CBA offering a range of [...]
Most of us aim for a good–to–excellent credit score so that we can access loans and credit cards easier, as well as cheaper utility bills [...]
The Great Australian Dream is alive - First home buyers see the light Increasing optimism in property markets is pointing to better days ahead for [...]
Macquarie Bank cuts home loan serviceability test Macquarie Bank has cut its minimum home loan serviceability assessment rate from 7.25 per cent to 5.3 per [...]
Is Bitcoin crashing or set to boom? Bitcoin prices are currently sitting on the edge of a key price level - US$10,000, down more than [...]
The days of the “how much can I borrow” personal loan are well and truly over; these days you need to prove you’re a safe [...]
If you have the chance to pay down a loan faster, or if you can clear the balance completely, your initial reaction may be to [...]
One of the downsides of people being unwilling to talk openly about money and their personal finances is that lots of myths and misconceptions spring [...]
Banks told: Get on top of fraud Banks and other financial institutions have been told firmly by the banking industry ombudsman to do more to [...]
Australia’s Big Four banks – Commonwealth Bank, Westpac, ANZ (Australia and New Zealand Bank) and NAB (National Australia Bank) dominate our economy and are most [...]
The deeming rate cut explained Pros and cons of the deeming rate cuts Centrelink’s deeming rate has been cut, after two recent RBA rate cuts [...]
Strictly speaking, you don’t pay stamp duty on your home loan, you pay it as a tax on your property purchase. However, you’ll have to [...]
For many of the hopeful, wannabe homeowners in Australia, it’s not keeping up with home loan news and finding the right property that stumps them, [...]
You might love the freedom of being self–employed but you probably don’t like the attitude of banks and lenders to self-employed loan applicants. One of [...]
Getting into the habit of saving money can be the factor that makes all the difference to your security later on in life. If you [...]
In June, Facebook shocked the world with a brief announcement entitled Coming in 2020: Calibra. It revealed the social media’s giant’s plans to create a [...]
The ASIC Commissioner is “deeply troubled” by how the banks “unfairly” sold junk insurance to credit card customers. And he’s issued a warning – We’re [...]
Australian interest rates are at an all-time low at the moment and this means that all of the country’s banks had to follow suit and [...]
First home buyers are BACK! New home loan sales are falling and first home buyers are jumping in to take advantage of cheap loan deals [...]
The end of the comparison rate? The competition regulator will introduce a new “online tool to improve the transparency of the mortgage interest rates paid [...]
The big bank “tax on households” revealed The big four banks have withheld the equivalent of eight separate rate cuts since the global financial crisis, [...]
When you’re searching for a car loan, the four factors that will decide how much you can get and how much you can repay are: [...]
If you’re a frequent traveller, whether it’s sheer wanderlust or business (or both, if you’re lucky), then a frequent flyer credit card may well be [...]
Loss making property sales go up 12 per cent of all residential properties sold in the first three months of 2019 fetched a sale price [...]
Westpac pays compo to 40,000 customers Westpac is refunding tens of thousands of customers who have been overcharged interest on their loans. 40,000 borrowers on [...]
What’s your credit rating? You may have seen an advertisement, or been spammed by an email from Credit Simple or Credit Savvy, or one of [...]
Suddenly getting a home loan just got easier The 7.25 per cent assessment for home loan applicants has been dropped by the Australian Prudential Regulatory [...]
Thinking about a personal loan but don’t know much about the process or how to go about it? Then read on, because here is pretty [...]
When you invest or deposit your money in a bank, your first priority is getting that initial amount of money back when you want it. [...]
When you open a bank account that offers interest, whether it’s a transaction account or a dedicated savings account, you’ll probably have to supply the [...]
If you’re a frequent flyer, no matter whether it’s for business, leisure or a combination of both, you might be looking for a credit card [...]
Thousands of Australians who are currently considered not able to afford a home loan are about to suddenly become eligible for mortgage credit. Home loan [...]
The lowest variable home loan rate ever is 2.89% Home loan rates continue to fall as the Reserve Bank brings down the official cash rate [...]
Crunch time for savers – ACT NOW Savings rates are being crunched as the Reserve Bank continues to ease the official cash rate and banks [...]
At first sight, term deposits are pretty much the ideal, low–maintenance savings vehicles; you deposit your money, then sit back and wait for the term [...]
If you’re Muslim, then you may have wondered for a long time about how you can get a mortgage so you can own your own [...]
If you’re looking to do a balance transfer on your credit card but have ‘bad credit’ then you could be on the right track to [...]
Westpac partly withholds rate cuts – again Westpac has announced a rate cut of 0.20 percentage points on its range of owner occupier loans and [...]
Yes, you can transfer your money, and your debt, from your current credit card to another card. This move is known as a balance transfer [...]
You might think that all forms of credit are the same—personal loan, overdraft or a credit card—but they’re not. They all “behave” in different ways [...]
First thing to say about this subject is - Don’t Panic. Having debt problems can give you serious emotional and psychological stress. There can also [...]
You have heard of shares, property, term deposits and savings accounts but are you on top of bonds as an investment vehicle? Bonds are often [...]
It’s probably just a strange quirk of human nature, but many people would prefer to use a credit card for large expenses than take out [...]
RBA cuts rates and is prepared to cut again The Reserve Bank of Australia yesterday cut the official cash interest rate by 0.25 percentage points [...]
The Reserve Bank of Australia has announced a cut in official interest rates (OCR) of 0.25 percentage points to 1 per cent. The first big [...]
The Reserve Bank of Australia has announced a cut in official interest rates (OCR) of 0.25 percentage points to 1 per cent. Vadim Taube, chief [...]
$1080 coming soon to your bank account Lower and middle-income Aussies could see $1080 in their bank accounts as early as next week thanks to [...]
When you’re planning to buy your first property you spend hours on real estate sites, sighing over the video tours and ads about easy home [...]
YOLO right? So why worry about investing and saving. That just seems really boring. Well life costs cash and the better you manage your cash, [...]
When you’re looking for a new car, you should always think about whether you need finance to buy it and what sort of finance you [...]
Many people think that using their credit card is a straightforward process—you buy an item or a service with it and you pay off this [...]
New banking code in force today A new Banking Code of Practice comes into force today, the 1 July 2019. The new code “represents the [...]
The world of fintech is moving quickly—so quickly, that some nations are already talking about becoming cashless societies in the next five years. Fintech, which [...]
The Reserve Bank of Australia board meets on Tuesday 2 July to decide whether to cut interest rates for the second month in a row [...]
Macquarie axes international card fees Macquarie Bank has removed international transaction fees on overseas purchases made on Macquarie Bank branded credit cards. Macquarie Bank has [...]
Most Aussies have no idea about their credit score! Almost two-thirds of Aussies haven’t asked for a credit report, and one in 10 are reportedly [...]
If you need your first car, an upgrade to accommodate a growing family, or if you just fancy a flashy new set of wheels, then [...]
A bad credit history is bad news because it can lower your chances of securing a personal loan, credit card and even a home loan. [...]
If you suspect that your credit rating isn’t as good as it could be, or if you know for certain that it’s not very good [...]
Term deposit vs savings account Saving money is important because having a cushion of funds can help you to weather financial storms, get educated, buy [...]
One of the worst things about having a bad credit rating or credit history is worrying that you’ll never manage to dig yourself out of [...]