Best home loans for bad credit

If you are looking for a home loan when you have a bad credit rating, you need to shop around and compare deals carefully. You [...]

POSTED ON March 2, 2020
Facebook’s Libra money is coming in 2020

Facebook, Visa, Mastercard, PayPal, Uber, eBay and 23 other online commerce brands have announced a plan to establish a new online currency for Facebook called [...]

POSTED ON June 19, 2019
What is an Excess?

An excess is a contribution you are required to pay towards a claim you make on your car insurance policy. An insurer may have many [...]

POSTED ON May 31, 2019
Hospitals offer up-front payment option

Consumers without private health insurance are now being offered the option of paying up-front for operations by public hospitals. Patients paying up-front will have their [...]

POSTED ON January 5, 2001
Banks losing ground on home loans

Australian banking habits are changing. As the major banks try to shepherd their customer base towards electronic banking services, more customers are shunning them altogether [...]

POSTED ON January 3, 2001
ACCC blocks Qantas, Ansett’s Hazelton bids

The Australian Competition and Consumer Commission(ACCC) has opposed rival bids by Qantas and Ansett for Hazelton Airlines claiming that a takeover by either airline would [...]

POSTED ON January 3, 2001
More travellers to fly into Sydney airport

Close to a million passengers are expected to pass through Sydney's Kingsford Smith Airport (KSA) this month placing increased pressure on plans to build a [...]

POSTED ON January 3, 2001
Background to the non-conforming loan market

Over recent years, new participants have entered Australia's lending market offering loan alternatives for those borrowers who don't qualify for standard home loans from the [...]

POSTED ON January 1, 2001
Qantas sets its sites on Sydney airport sale

The planned sale of Sydney's Kingsford Smith Airport (KSA) has attracted the attention of Qantas Airways Ltd who has requested the Federal Government lift regulatory [...]

POSTED ON December 22, 2000
Telstra better in bush than city

The latest Australian Communications Authority Report has found that Telstra service particularly in the bush has improved. According to the report, in rural areas Telstra [...]

POSTED ON December 21, 2000
Low Medicare rebate, no bulk-bill say doctors

The Australian Medical Association (AMA) and the Doctors Reform Society have called for an increase in doctors' Medicare rebates after Medicare bulk-billing by general practitioners [...]

POSTED ON December 20, 2000
Health gap cover behind in NSW

NSW is lagging behind other states in its take-up of no-gap health cover. According to new figures released by the Private Health Insurance Administration Council [...]

POSTED ON December 20, 2000
MLHSBC and Rivkin enter the fray

Two very different online broking services are being offered from this month. Merrill Lynch and HSBC have a US$1 billion commitment to develop an online [...]

POSTED ON December 20, 2000
SEC investigates true cost of trade execution

The Securities and Exchange Commission is investigating the true cost of trade execution offered by US online brokers. The report, to be released late December, [...]

POSTED ON December 19, 2000
Health funds to provide doctor rating

Medibank Private has announced its intention to offer its members information about the performance of doctors' and specialists. Medibank Private managing director Mr Mark Burrowes [...]

POSTED ON December 19, 2000
Flying safe but more safety checks wanted

A recent survey on air travel shows that though the majority of Australians believe that travelling by plane is safe, they would like stricter air [...]

POSTED ON December 19, 2000
Avoid the Christmas debt traps this year

With Christmas upon us, celebrations and the rush to buy presents for family and friends will see many of us relying on our credit cards [...]

POSTED ON December 19, 2000
Exchange traded funds on the ASX from April

State Street Global Advisors are in final negotiations with the ASX to introduce Australia’s first Exchange Traded Fund (ETF) on April 2. The fund will [...]

POSTED ON December 18, 2000
Blood clot study rejected by Qantas

A proposal put to Qantas seven years ago to study the connection between air travel and deep-vein thrombosis (DVT) was rejected by the airline, according [...]

POSTED ON December 18, 2000
$12m government gap boost for health funds

The Federal Government intends to launch a $12 million dollar advertising campaign in the new year to promote private health insurance gap cover schemes. Gap [...]

POSTED ON December 15, 2000
ADX to open January 12

Three months after its original launch date, the Australian Derivatives Exchange (ADX) will open for trading on January 12. The ADX has been granted a [...]

POSTED ON December 15, 2000
Telcos warned against misleading consumers

The Federal Court has warned phone companies against misleading potential customers into signing away their account for their phone services. If approached by a door-to-door [...]

POSTED ON December 15, 2000
Kurnell airport off, Badgerys Creek on hold

Latest developments in the Sydney airport debate have seen the Kurnell airport plan dismissed on environmental grounds, the Canberra-Sydney fast train link ruled out, Badgerys [...]

POSTED ON December 14, 2000
ALP wants bank social charter

The pressure on banks to become more socially aware has increased after Opposition Leader Kim Beazley called for a social charter for the banking industry. [...]

POSTED ON December 14, 2000
Qantas to offer more clot warnings

Qantas will be providing new information warning of the risks of developing blood clots following the announcement of potential legal action against major airlines by [...]

POSTED ON December 14, 2000
Internet borrowing boom

Westpac's report of a boom in the number of personal loans and credit cards taken out by customers over the Internet may herald the start [...]

POSTED ON December 13, 2000
Mums and Dads exit shares

A survey by Mercantile Mutual – Melbourne institute has revealed that approximately 850,000 people have exited the sharemarket in the past six months, reducing the [...]

POSTED ON December 13, 2000
Consumers win with new private health deal

A new deal between private hospitals and health funds will lower the number of consumers paying unexpected bills. Private hospitals and health funds have agreed [...]

POSTED ON December 13, 2000
Passengers sue airlines over blood clots

A Melbourne law firm representing a group of 10 people, will take legal action against major airlines for failing to warn its clients of the [...]

POSTED ON December 12, 2000
Xmas mobile shoppers beware

Consumers buying mobile phones for Christmas should check and understand the terms of their phone contract before signing warns the Australian Communications Authority (ACA). The [...]

POSTED ON December 12, 2000
Internet banking revolution here

Banking online via the Internet is set to grow 300 per cent in Australia next year, according to latest research. A report by IMR Worldwide, [...]

POSTED ON December 12, 2000
Anger at Telstra BigPond site shut down

Telstra BigPond may face court action after closing down 200 websites for 48 hours last week without warning. Telstra shut down 200 websites using the [...]

POSTED ON December 12, 2000
Record health fund profits prompt payout call

Private health funds are under increased pressure to help out consumers and struggling private hospitals after recent figures indicate a record $343 million profit for [...]

POSTED ON December 11, 2000
Chat sites back under the hammer

Criminal lawyer, Chris Murphy, is launching a defamation action against online stock chat forum Stockhouse. It appears that the abuse and allegations against Murphy were [...]

POSTED ON December 11, 2000
Plans for 2nd Sydney airport at Kurnell

Federal Cabinet is considering a proposal for a second Sydney airport on the Kurnell peninsula. The plan involves a north-west to south-east strip built the [...]

POSTED ON December 8, 2000
AMA calls for medical insurance reform

Prompted by the rise in medical insurance fees, a no-fault compensation scheme has been called for in a meeting attended by 16 delegates of medical [...]

POSTED ON December 6, 2000
RBA warns banks, co-operate over card fees

The Reserve Bank of Australia (RBA) may use its legal powers to force the banks to lower interchange fees - the fees banks charge each [...]

POSTED ON December 5, 2000
Doctor only a phone call away

In a bid to cut down the mounting pressure on public hospital emergency units, a proposal for a telephone medical consultation service has been made [...]

POSTED ON December 4, 2000
Gap costs to rise as more patients sue

The increased cost of medical indemnity insurance – which covers doctors in the case of legal action taken out against them by a patient – [...]

POSTED ON December 4, 2000
$9bn Qantas overhaul

Working out on the treadmill whilst you jet over to Singapore is a real possibility according to proposals being considered by Qantas as part of [...]

POSTED ON December 4, 2000
Westpac plan to cut ATM fees

Westpac has proposed a plan to reduce the cost of transactions at foreign ATMs. At present, when a consumer makes a transaction at an ATM [...]

POSTED ON December 4, 2000
Youth mobile phone controversy

In the lead up to Christmas a growing debate has been sparked over aggressive marketing by mobile phone companies to sell their phones to the [...]

POSTED ON December 4, 2000
Schwab joins online broker crowd

After announcing a joint venture a year ago with ecorp, Charles Schwab, the world’s largest online broker, has launched its own stand-alone Australian operation. While [...]

POSTED ON December 1, 2000
Be quick to avoid Qantas fare rise

Qantas has announced a fare increase of $10 for one-way domestic fares and $20 for return - but you have two days, until Friday December [...]

POSTED ON November 30, 2000
Lower Airfares here to stay

The new look domestic airfare scene is thriving with Impulse Airlines and Virgin Blue reporting exceeded passenger and revenue expectations. This is a much healthier [...]

POSTED ON November 30, 2000
Funds consider GP home visit cover

General Practitioner services such as after-hours visits may be covered by private health funds according to the Australian Health Insurance Association (AHIA). Following an earlier [...]

POSTED ON November 29, 2000
Mickey Mouse mobile ban

There will be no more Mickey and Minnie Mouse images on cell phones after Walt Disney banned the licensing of Disney characters on all mobile [...]

POSTED ON November 29, 2000
Banks will cooperate on fees says ACCC

According to the Australian Competition and Consumer Commission (ACCC), the major banks – who the ACCC have accused of fixing credit card interchange fees – [...]

POSTED ON November 28, 2000
Consumer hotline launched in credit crackdown

The NSW Department of Fair Trading is conducting a two week phone-in survey in a bid to determine how credit card marketing schemes are playing [...]

POSTED ON November 24, 2000
ASX feeling the heat to merge

Some of Australia’s largest companies are stepping up the pressure on the ASX to secure alliances that will allow companies to access international markets. The [...]

POSTED ON November 24, 2000
News Ltd share issue worries fund managers

Fund managers looking to maintain their weighting in News Ltd need to take account of the 486 million shares to be issued to Liberty Media [...]

POSTED ON November 23, 2000
Margin-lending growth slows

The RBA has released its Statement on Monetary Policy for the quarter ended September 2000. The report contains statistics provided by margin lending institutions which [...]

POSTED ON November 22, 2000
Treasury and RBA agree: Rates on hold

Interest rates are on hold for the time being with the possibility of rising inflation providing the only visible threat of more rate rises next [...]

POSTED ON November 22, 2000
Government crackdown on loan sharks

Payday lenders who loan money to people for a short period of time (usually less than 62 days) may be forced to close under a [...]

POSTED ON November 21, 2000
Consumers lose in confusing policy wording

Helped by complicated policy wordings and conditions, insurance companies are winning out more often in disputes involving consumers a recent report claims. The 1999-2000 annual [...]

POSTED ON November 20, 2000
Mobiles set to give restaurant tips

The location specific services promised for mobile phones and Personal Digital Assistants (PDA) - such as giving directions to the nearest restaurant based on where [...]

POSTED ON November 16, 2000
Communities rally to start up their own banks

The widespread closure of major bank branches has provoked unprecedented interest in Bendigo Bank’s community bank model. Local communities who have had their local branches [...]

POSTED ON November 16, 2000
Ansett reverses fare increase

In what looks like a big boost for competition, Ansett has reversed their price increase of last week. After announcing increases averaging 3.5% on all [...]

POSTED ON November 15, 2000
eStar launches eStar Web

eStar today launched the browser based version of its service - eStar Web. This is the first version of the Web IRESS trading system (devised [...]

POSTED ON November 15, 2000
Doctors win in health cover changes

Catholic Health Australia has claimed that doctors are getting a significantly larger stake of the profits, generated from the increase in private health insurance membership, [...]

POSTED ON November 15, 2000
Bendigo comes under credit union attack

Several credit unions have criticised Bendigo Bank’s community bank scheme. Bendigo Bank has opened 26 community bank branches in rural areas since 1998 and plans [...]

POSTED ON November 13, 2000
Health funds under ACCC scrutiny

The Australian Competition and Consumer Commission is placing pressure on private health funds after a report by the regulator found that information was lacking for [...]

POSTED ON November 13, 2000
Do your homework before loan shopping

For those interested in taking out a home loan it is important to consider what type of loan suits your needs best and to ensure [...]

POSTED ON November 13, 2000
NAB faces fees pressure after $3b profit

The National Australia Bank announced a record profit of $3.24 billion yesterday further exacerbating consumer anger over its decision to increase its transaction fees. $250 [...]

POSTED ON November 7, 2000
Health gap cover: NSW lags, WA leads

Only one in every two medical services being received by privately insured patients in NSW hospitals is fully covered by the patient’s health fund. The [...]

POSTED ON November 2, 2000
Health fund complaints increase

There has been a 23 per cent rise in complaints against private health insurers in the three months to July, according to the Private Health [...]

POSTED ON November 2, 2000
First homeowner grant tied up in red tape

Homebuyers trying to take advantage of the new $14,000 First Home Owners' Grant are being forced to wait for the money because of bureacratic delays [...]

POSTED ON November 1, 2000
Avoid clots on long haul flights

The danger of deep-vein thrombosis (DVT) for air travellers has been highlighted by the death of a 28-year-old British tourist who collapsed and died at [...]

POSTED ON October 31, 2000
50% of Aussies own a mobile

According to recently released industry figures, 50 per cent of Australians now own a mobile phone. Analysts believe that cheaper contracts and pre-paid packages at [...]

POSTED ON October 26, 2000
Banks asked to state fees mid-transaction

Federal politicians are calling on banks to state their fees on ATM screens and during phone and Internet transactions. This could see consumers being told [...]

POSTED ON October 26, 2000
T2 Warrants: conversion expires 25 October

Until close of play on the ASX this Wednesday T2 instalment receipt holders have three options left. These are: 1. Convert T2 Instalment receipts into [...]

POSTED ON October 25, 2000
Virgin and Impulse to expand

Impulse Airlines is expected to announce full details of a frequent flyer program today. Impulse’s rewards scheme is rumoured to be based on a free [...]

POSTED ON October 25, 2000
Air travel increases risk of clots

If you are a frequent traveller you should be aware of the risks of developing DVTs (deep vein thromboses), also known as a blood clot [...]

POSTED ON October 24, 2000
Change of heart for new members

Medibank Private says over 60 per cent of its members are changing the type of policy they have with the health fund after consulting with [...]

POSTED ON October 23, 2000
9.5% price rise for Impulse fares

From Monday, Impulse Airlines will increase the price of their airfares by 9.5 per cent as a flagging Australian dollar and soaring jet fuel prices [...]

POSTED ON October 23, 2000
Credit card debt increases

According to a recent study by CVC Global Consulting, the amount of outstanding credit card balances is outstripping the amount of card expenditure. The growth [...]

POSTED ON October 23, 2000
Aussie health care 29th in the world

In a global survey of the world’s health systems by the World Health Organisation (WHO), Australia has been ranked 29th out of 55 based on [...]

POSTED ON October 19, 2000
ACA questions health funds’ advice

The Australian Consumers Association has claimed that in the lead up to Lifetime Health Cover, consumers may have been misled by incorrect advice given by [...]

POSTED ON October 18, 2000
Rich opt for private, poor stuck in Medicare

Academics and analysts have voiced concerns over the long-term effects of the Government’s Lifetime Health Cover scheme on Medicare. Private health fund membership has soared [...]

POSTED ON October 18, 2000
The broking battle – traditional vs online

The entrance of online brokers offering trading fees as low as one tenth of the fees of full service brokers, has forced traditional brokers to [...]

POSTED ON October 17, 2000
Funds evade tough new tax regime

The Federal Government has abandoned plans, originally proposed by the Ralph tax review, to force the funds management industry to comply with a new tax [...]

POSTED ON October 16, 2000
Combined Sydney air, rail ticket possible

Combined air and rail tickets for travellers heading to Sydney airport may become available if talks between NSW State Rail and domestic airlines are successful. [...]

POSTED ON October 13, 2000
No Telstra sell-off until bush gets better service

Yesterday’s release of the Besley report outlined a number of major concerns that rural consumers had regarding their telecommunications service delaying the full privatisation of [...]

POSTED ON October 12, 2000
Domestic travel thriving and set to continue

Figures indicating a rise in domestic travel have supported claims that competition in the domestic market is working and will continue. Recent statistics show a [...]

POSTED ON October 12, 2000
Qantas serves up expired food

1,000 out-of-date Qantas meals were thrown out after staff refused to serve them. However, staff have claimed that meals that were either out-of-date or on [...]

POSTED ON October 11, 2000
Complaints, disputes and enquiries

If you are in dispute with a health fund there is an independent complaints resolution process at hand - the Private Health Insurance Ombudsman. You [...]

POSTED ON October 10, 2000
Medical details online

Within 10 years, the Health Department plans to establish a national database containing the medical details of 80 per cent of Australians. If given the [...]

POSTED ON October 10, 2000
Check overseas coverage

Many health insurers will not pay for any overseas medical treatment. Other health funds will only make payments at Australian fee levels - which are [...]

POSTED ON October 9, 2000