YOUR MONEY: So, you had to tap into your super to stay afloat? That’s OK. But it has left you behind. Here’s how to rebuilt your retirement wealth without breaking the bank.
The bank now says the Reserve Bank will hold off on its monetary policy decisions to see what economic support will be outlined in the 2020 Federal Budget.
Exerting control is a power sought at various stages of life. For most, this is treated respectfully, but some take it and mess it up badly.
Regardless of whether the proposed changes are right or wrong, they will likely make it quicker for millions of Australians to get loans from banks and finance companies.
Neale Prior and Nick Bruining
Two of Australia’s biggest banks have slashed interest rates on a suite of home-loan products in what’s shaping up as the start of a lending war.
COVID-19 has turned the financial world upside down, but in different ways than many people expected. Experts explain how you can make the most of what you have.
Shares in the big four have surged as the Federal Government reveals plans to loosen responsible lending laws to boost the flow of credit into the economy.
Retail spending fell across the nation in August, with Victoria recording a massive 12.6 per cent drop as the State’s COVID-19 restrictions hit non-essential retail businesses.
The corporate regulator is worried that mum and dad investors are being lured into risky investment products which are promoted as being safe alternatives to bank term deposits
The Federal Government suspended the asset test six months ago as thousands of Australians lost their jobs — but that reprieve is about to end.
Australia Institute research released in recent weeks suggests the cuts will benefit high income earners, who are more likely to save rather than spend the extra cash.
Downsizing might not be an option right now for older Australians with homes full of adult children impacted by COVID-19 border closures, but for others it’s a way to free up time and money.
Rio Tinto’s decision to sack three top executives after the Juukan Gorge disaster show how our biggest super funds are drawing a corporate ethics line in the sand.
A leading economist expects the Reserve Bank will hold fire on cutting the cash rate any further amid rumblings on financial markets it could be reduced to 0.1 per cent.
West Australians appear to be keeping a closer eye on their personal finances, with data out today showing WA consumers were no longer the nation’s biggest spenders.
Did you waste years of study only to find you don’t like working in your field? Avoid making the same mistake twice and still find a job you love.
BRUCE BRAMMALL: If your variable rate is more than about 3.25 per cent, your bank is laughing at you. If it starts with a four, the bank’s shareholders are too.
Listed buy-now, pay-later providers such as After Pay, Open Pay and Zip Pay could soon face much stricter consumer controls.
Nervousness about jobs and the economy has households sitting on their cash — either in bank accounts or simply at home — which is impeding an economic recovery.
Australians appear to have a spring in their step after suffering the doom and gloom of the pandemic, with people becoming more ready to take on a home loan.
Australians appear to have taken confirmation of the country’s first recession in nearly 30 years in their stride.
Banks have begun reassessing customers’ financial situations six months on from offering 900,000 Australians loan repayment deferrals.
The key to driving down debt fast is knowing what to repay first and what loans to leave until last.
Financial planning firms promoting in-house financial products have been put on notice, with the Australian Securities and Investments Commission taking action against a major east coast firm.
© West Australian Newspapers Limited 2020