Cash vs card – can money transmit coronavirus?

The Coronavirus COVID-19 pandemic has spread from China to 159 countries and 185,000 confirmed cases worldwide. The virus can remain active and infectious on surfaces [...]

POSTED ON March 18, 2020
Trending Financial News 18 March 2020

Can I get Coronavirus COVID-19 from cash? Dr Andrew Stewardson from Monash University said it is possible that infected people could pass on coronavirus through [...]

POSTED ON March 18, 2020
Trending Financial News 17 March 2020

RBA tipped to cut rates THIS WEEK The Reserve Bank is tipped to announce another rate cut this week, in response to the growing threat [...]

POSTED ON March 17, 2020
Trending Financial News 16 March 2020

Woolworths opens – for elderly and vulnerable ONLY “There is enough for everyone” announced Coles Supermarkets this weekend as panic buying gripped Australia. Woolworths has [...]

POSTED ON March 16, 2020
Trending Financial News 13 March 2020

“Brutal” share market crash sweeps the globe Share markets in the USA and Europe crashed overnight in the biggest global share sell-off since the Black [...]

POSTED ON March 13, 2020
Trending Financial News 12 March 2020

CUA slashes savings account rates CUA has slashed at-call savings account rates by up to 0.30% pa following the RBA’s 0.25 percentage point rate cut [...]

POSTED ON March 12, 2020
Trending Financial News 11 March 2020

Big increase in customers for ING ING is celebrating more than 20 years in Australia by announcing a big increase in customer numbers over the [...]

POSTED ON March 11, 2020
Best Savings accounts rate update

BREAKING: NAB cuts savings rates by 0.25% pa Effective immediately, National Australia Bank has today announced 0.25% pa cuts to all at-call saving accounts rates. [...]

POSTED ON March 10, 2020
Trending Financial News 10 March 2020

Wall Street crashes in biggest one-day fall in history The New York Stock Exchange crashed on Monday and trading was automatically halted for the first [...]

POSTED ON March 10, 2020
Canberra Property Outlook 2020

Canberra Auction Results for Saturday 14 March 2020 There were 52 residential property auctions held in Canberra on Saturday 14 March 2020. 71 per cent [...]

POSTED ON March 6, 2020
Darwin Property Outlook 2020

Darwin and NT Property Market Update, 6 March 2020 The Reserve Bank of Australia cut interest rates this week to 0.50%. All big four banks [...]

POSTED ON March 6, 2020
Hobart Property Outlook 2020

Property Market Update, 6 March 2020 The Reserve Bank of Australia cut interest rates this week to 0.50%. All big four banks have passed on [...]

POSTED ON March 6, 2020
Trending Financial News 6 March 2020

Xinja Bank STOPS accepting NEW CUSTOMERS The Xinja Bank Stash account is, from today, closed to new customers. Eric Wilson, the neobank’s CEO, announced yesterday [...]

POSTED ON March 6, 2020
Top cryptocurrencies in February, March 2020

There is serious volatility in crypto markets in March 2020. The three top currencies – Bitcoin, Ethereum and Ripple have been even more unpredictable than [...]

POSTED ON March 5, 2020
Trending Financial News 5 March 2020

Which banks have cut home loan interest rates? The Reserve Bank cut interest rates on 3 March by 0.25 percentage points to 0.50%. All four [...]

POSTED ON March 5, 2020
SAVERS ALERT – ACT NOW TO LOCK IN RATES

MEDIA RELEASE 1pm, Wednesday 4 March 2020 First savings rate cuts announcedEffective 1pm 4 March: Market leader Judo Bank cuts TD ratesInfoChoice names the banks [...]

POSTED ON March 4, 2020
Trending Financial News 4 March 2020

RBA cuts rates to all-time new low The Reserve Bank yesterday cut the official interest rate in Australia by 0.25 percentage points to 0.50%. The [...]

POSTED ON March 4, 2020
RBA cuts rates to new historic low

MEDIA RELEASE Tuesday 3 March 2020 RBA cuts rates to new historic lowFirst lender to pass on rate cut in full is …Savers need to [...]

POSTED ON March 3, 2020
Trending Financial News 3 March 2020

What are the chances of a RBA rate cut? The Reserve Bank WILL cut interest rates today, according to market expectations. Futures trading on rates [...]

POSTED ON March 3, 2020
Trending Financial News 2 March 2020

Coronavirus fears to spark RBA rate cut The treasurer Josh Frydenberg, the prime minister Scott Morrison and the heads of Australia’s financial regulators discussed responses [...]

POSTED ON March 2, 2020
Trending Financial News 28 February 2020

Coronavirus fears spread Shares fell on Wall Street overnight, with the Dow Jones index falling more than 1,000 points on Thursday (US time). The Australian [...]

POSTED ON February 28, 2020
Trending Financial News 27 February 2020

Editor’s Pick: Best Car Loan for March 2020. The best car loans feature low comparison rates as well as reasonable fees and rules. “Really low [...]

POSTED ON February 27, 2020
Trending Financial News 26 February 2020

Funeral insurance loopholes closed Expensive funeral expenses insurance policies, that are currently exempt from Corporations Act requirements, have been sold to many indigenous people, over [...]

POSTED ON February 26, 2020
Trending Financial News 25 February 2020

Commonwealth Bank will pay your mortgage if your spouse dies Commonwealth Bank is Australia’s biggest home loan provider. Commonwealth Bank yesterday announced a new complimentary [...]

POSTED ON February 25, 2020
Trending Financial News 19 February 2020

Lady Gaga puts a ring on it for Klarna Lady Gaga is promoting female empowerment, with the support of payment app Klarna and fashion activist [...]

POSTED ON February 19, 2020
Top low rate credit cards in February

The lowest rate credit cards in Australia are designed for people who sometimes carry a balance on their cards and want to keep their interest [...]

POSTED ON February 18, 2020
Trending Financial News 18 February 2020

Millennials choose: Smashed Avo vs first home deposit Young Australians have been accused in the media of choosing to eat expensive meals at coffee shops [...]

POSTED ON February 18, 2020
Your guide to low-rate credit cards

Low-rate credit cards are one of the most popular types of card in Australia. The best low-rate credit cards in Australia feature a low purchase [...]

POSTED ON February 17, 2020
Bitcoin halving and Bitcoin fork FAQs

The Bitcoin Cash and subsequent Bitcoin halving events are imminent. In addition to miners having their returns ‘halved’ every four years, Bitcoin has also been [...]

POSTED ON February 17, 2020
Trending Financial News 17 February 2020

Is Scott Morrison’s government banning cash? The Morrison government has new proposed cash ban law that makes cash business transactions illegal over a limit of [...]

POSTED ON February 17, 2020
Trending Financial News 14 February 2020

Home loan market is red hot The number of new home loans approved for owner occupiers rose 17.9% in December 2019, over the previous December, [...]

POSTED ON February 14, 2020
Trending Financial News 13 February 2020

One in Four Aussies choose Commonwealth Bank Commonwealth Bank is attracting more new customers in home loans and basic banking products. Commonwealth Bank grew its [...]

POSTED ON February 13, 2020
Cryptocurrency price outlook 12 February 2020

All major cryptocurrencies are surging in 2020. The New Year’s crypto price rise has continued into February with Bitcoin, Bitcoin Cash and LiteCoin, Ethereum and [...]

POSTED ON February 12, 2020
Trending Financial News 12 February 2020

RBA puts a price on loyalty – 0.4% or $1,000 per year The Reserve Bank of Australia has issued new data revealing the size of [...]

POSTED ON February 12, 2020
Trending Financial News 11 February 2020

ANZ cuts floor home loan rate ANZ Bank has decreases its home loan serviceability assessment floor rate from 5.5 per cent to 5.25 per cent. [...]

POSTED ON February 11, 2020
Easy online personal loans in February

The best online loans have easy application, quick approval and fast funding. Here are some of the top online loans now available on InfoChoice. The [...]

POSTED ON February 10, 2020
How to send money overseas

Western Union vs bank transfer vs PayPal If you have friends or family overseas, you may want to send them money at some point, like [...]

POSTED ON February 10, 2020
Trending Financial News 10 February 2020

It’s official – there is a bank loyalty tax Older variable rate mortgages typically have higher interest rates than new loans, even when borrowers of [...]

POSTED ON February 10, 2020
Trending Financial News 7 February 2020

BP dumps Velocity for Qantas Frequent Flyer People who use BP service stations for fuel and in-store purchases to earn Velocity Frequent Flyer points may [...]

POSTED ON February 7, 2020
What are Stellar Lumens (XLM)?

What is Stellar (XLM)? Stellar is a system for making online payments run on decentralised servers by a global consortium of individuals and teams. This [...]

POSTED ON February 6, 2020
What does comprehensive car insurance cover?

As a car owner, you no doubt have your compulsory third party(CTP) vehicle insurance, as it’s a legal requirement in Australia. However, you’ve probably also [...]

POSTED ON February 6, 2020
Trending Financial News 6 February 2020

REVEALED: Fire insurance loopholes Consumer lobby group CHOICE has analysed the definitions of fire in 26 major insurer home and contents policies and found ‘loopholes’ [...]

POSTED ON February 6, 2020
Trending Financial News 5 February 2020

Westpac shareholders launch class action A class action claim has been lodged in the United States District Court on behalf of Westpac shareholders who bought [...]

POSTED ON February 5, 2020
Car loan rate update: February 2020

Banks, credit unions and online lenders are slashing car loan rates to grab business amid difficult market conditions in February 2020. The lowest car loan [...]

POSTED ON February 4, 2020
Top term deposit rates in February 2020

The best term deposit rates in Australia may not be available from your own bank. The highest term deposit rates in February 2020 on InfoChoice [...]

POSTED ON February 4, 2020
Trending Financial News 4 February 2020

February’s lowest home loan rates on InfoChoice The lowest home loan rates in Australia are now under 2.50 percent pa with Bank Australia now offering [...]

POSTED ON February 4, 2020
Amazing credit card deals in February

The best basic credit cards in Australia offer low rates, low fees and long interest-free periods. The best frequent flyer credit cards offer thousands of [...]

POSTED ON February 3, 2020
Which savings account has the easiest rules?

When you’re looking at savings accounts, it’s tempting to just jump at the one that offers the biggest interest rate, but you should stop and [...]

POSTED ON February 3, 2020
Trending Financial News 3 February 2020

Big banks set to combine ATM fleets Soon the well-recognised big bank branded ATMs common in all towns and suburbs of Australia will be a [...]

POSTED ON February 3, 2020
Same day personal loans

Which loans can you get approved for today?  There are plenty of unsecured personal loans you can apply for and possibly get approved for and [...]

POSTED ON January 30, 2020
How to compare NBN plans

Firstly, what is the NBN? The NBN is the National Broadband Network, is a government initiative to bring high–speed broadband to most of Australia’s population. [...]

POSTED ON January 30, 2020
Trending Financial News 30 January 2020

InfoChoice’s new lowest home loan rate* - 2.44% pa More lenders have followed Westpac in slashing home loan rates over the last week. The lowest [...]

POSTED ON January 30, 2020
First Home Loan Deposit Scheme FAQs answered

The First home Loan Deposit Scheme has opened and applications are being accepted. Here are some common questions about the FHLDS: How many FHLDS loans [...]

POSTED ON January 29, 2020
Trending Financial News 29 January 2020

More borrowers are comparing and leaving the big four The proportion of the home loan market controlled by the big four Australian banks, Commbank, Westpac, [...]

POSTED ON January 29, 2020
Trending Financial News 28 January 2020

Market leaders slash home loan rates to 2.44% pa Two lenders have followed Westpac in slashing home loan rates this week. Westpac now has fixed [...]

POSTED ON January 28, 2020
Trending Financial News 24 January 2020

Small lenders join Commbank and NAB in FHLDS Commonwealth bank and National Australia Bank are said to be experiencing very strong demand from potential first [...]

POSTED ON January 24, 2020
Credit cards with airport lounge access

The best credit cards with airport lounge access come with frequent flyer points, rewards, insurances, concierge service plus reasonable rates and fees. Some of the [...]

POSTED ON January 23, 2020
Trending Financial News 23 January 2020

Westpac slashes investor home loan rates Australia’s favourite lender for landlords, Westpac, has slashed fixed interest rates from yesterday, 22 January, by up to 0.50 [...]

POSTED ON January 23, 2020
Trending Financial News 22 January 2020

How much are credit card and Eftpos fees? When you pay with a credit or debit card in-store the merchant may add a card surcharge [...]

POSTED ON January 22, 2020
How to find the best savings account in Australia

Comparing Savings Accounts: Your InfoChoice Guide to Savings Accounts, January 2020 Looking for your best savings account means not just jumping at the highest rate [...]

POSTED ON January 20, 2020
Interest Rate update:

MEDIA RELEASESunday 19 January 2020 First Home Buyers with small deposits can save more by comparing Up to ten thousand home buyers with small deposits [...]

POSTED ON January 20, 2020
Shopping with Cash vs Card

Who is REALLY getting the better deal? Aussies love tapping their phone or their card instore or online. And Aussies hate ATM fees for withdrawing [...]

POSTED ON January 17, 2020
Top Platinum level credit cards in Australia

Platinum, black and gold level credit cards offer a higher level of service than the average credit card. These are credit cards for people who [...]

POSTED ON January 17, 2020
Trending Financial News 17 January 2020

Two credit cards with 100,000 Velocity points The NAB Rewards Signature Visa credit card is promoting a 120,000 bonus VFF points giveaway - when you keep the [...]

POSTED ON January 17, 2020
Top business credit cards in Australia

The best credit cards for business provide a good value proposition with reasonable rates and fees. The best cards for business also have features like [...]

POSTED ON January 16, 2020
Trending Financial News 16 January 2020

ANZ gives $1 million to bushfire victims ANZ Bank have announced a range of support measures including a financial assistance package for communities affected by bushfires. [...]

POSTED ON January 16, 2020