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 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 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 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
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 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
Great home loans for refinancers

Did you know that changing from one home loan provider to another, could potentially save you thousands of dollars? In fact, making this decision, could [...]

POSTED ON February 24, 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
Should I invest in Ethereum?

If you’re thinking about investing in Ethereum, you’ll want to be sure you’re doing the right thing; after all, there are so many different cryptos [...]

POSTED ON February 13, 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
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
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
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
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 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 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
What is PropTech?

Jonathan JacksonInfoChoice investment expert writer Proptech is changing the way homebuyers, investors and developers make property purchases. New technology in the buying and selling of [...]

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
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
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
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
Top term deposit rates in 2020

The new year brings a new opportunity for savers and investors to review their accounts, compare returns and ensure they are getting the best rates [...]

POSTED ON January 15, 2020
Interest Rate update:

MEDIA RELEASEMonday 13 January 2020 Car loans now have home loan-like rates Car loan sales are under pressure as vehicle sales in Australia feel the [...]

POSTED ON January 13, 2020
Trending Financial News 13 January 2020

A bank buys Warney’s cap! Australia's all-time leading Test cricket wicket-taker and Victoria’s legendary bowler, Shane Warne, has auctioned his iconic Australian baggy green cap [...]

POSTED ON January 13, 2020
Trending Financial News 10 January 2020

Fake tradies prey on bushfire victims The corporate watchdog, the Australian Securities and Investments Commission (ASIC) is warning consumers and business owners to watch out [...]

POSTED ON January 10, 2020
Trending Financial News 9 Jan 2020

Is climate change impacting your property value? The number of major natural disasters in Australia has jumped up by 50% over the ten years. “The [...]

POSTED ON January 9, 2020
What is a neobank?

The digital revolution of the last decade or so has reached into banking, with many existing banks offering online–only accounts and products. More recently, Australia [...]

POSTED ON January 8, 2020
Trending Financial News 8 Jan 2020

First Home Loan Deposit Scheme slammed by experts The federal government’s First Home Loan Deposit Scheme does not address the causes of high home prices [...]

POSTED ON January 8, 2020
Trending Financial News 7 Jan 2020

*Disclaimer: Citi credit card product names have changed effective 20 Jan 2020 as following: Citi Clear Platinum is now Citi Clear; Citi Rewards Platinum is now Citi [...]

POSTED ON January 7, 2020
Term Deposit Rate Update January 2020

In January 2020, InfoChoice’s top term deposits include products with market-leading rates, like the Green Term Deposit from UBank, Citi Australia’s term deposits and Judo [...]

POSTED ON January 7, 2020
Best New Year’s Resolutions for 2019 / 2020

Australia’s top New Years Resolutions relate to improving health, finances, relationships, home and careers. New Years resolutions are a common tradition in Australia and other [...]

POSTED ON January 6, 2020
Trending Financial News 19 December

ANZ promises 5-min credit card applications ANZ Bank offers some of Australia’s most popular credit cards including the ANZ Rewards Black Card (currently offering 150,000 bonus Rewards [...]

POSTED ON December 19, 2019
Can I 3D print a house?

Are you depressed by the expensive price of houses and home and land packages in Australia? Have you considered looking for an affordable, empty block [...]

POSTED ON December 18, 2019
Trending Financial News 18 December

Banks must provide NO-FEE bank accounts The Australian Banking Association’s updated Banking Code of Practice has been approved by  ASIC and will commence 1 March [...]

POSTED ON December 18, 2019
Trending Financial News 17 December

A new Chinese bank opening in Australia Australia’s newest digital bank, IN1Bank, is preparing to take on HSBC and the Bank of China and appeal [...]

POSTED ON December 17, 2019
Trending Financial News 16 December

First Home Loan Deposit Scheme lenders announced The National Housing Finance and Investment Corporation has announced that Commonwealth Bank will join NAB as the second [...]

POSTED ON December 16, 2019
Trending Financial News 4 December

Opal card loophole costs NSW govt millions A common Opal card legal ‘scam’ is costing the NSW government millions each year as commuters rack up [...]

POSTED ON December 4, 2019
Trending Financial News 3 December

Home prices surge higher in November National property prices rose strongly in November according to CoreLogic’s Home Value Index.  The Index jumped up 1.7 per cent [...]

POSTED ON December 3, 2019
Trending Financial News 2 December

Business lending is in the doldrums The latest Reserve Bank data shows a fall in the value of lenders’ business loan portfolios for the first [...]

POSTED ON December 2, 2019
InfoChoice Review of Bank of Melbourne

Bank of Melbourne is a Westpac owned Victorian lender with a full suite of home loans, personal loans, credit cards, accounts and other banking products. [...]

POSTED ON November 29, 2019
Trending Financial News 29 November

RBA hoses down money printing talk Australia does not yet require a radical departure from conventional monetary policy into quantitative easing (QE) or ‘money printing’ [...]

POSTED ON November 29, 2019
Trending Financial News 26 November

Christmas shopping scams booming in 2019 Already, before the end of November, more money has been lost online to shopping related scams in 2019 ( [...]

POSTED ON November 26, 2019
Trending Financial News 25 November

Westpac share price crashes Westpac shares have crashed in two days of trading last week and may still fall further when markets open this week. [...]

POSTED ON November 25, 2019
How to get a basic fee-free bank account

An everyday transaction banking account is a basic necessary tool of modern life. Australian banks have recently committed to strengthening the protections for Aussies who [...]

POSTED ON November 22, 2019
Trending Financial News 22 November

Scott Morrison tells Westpac to clean up The prime minister Scott Morrison has told the Westpac board to consider the future of chief executive Brian [...]

POSTED ON November 22, 2019
Trending Financial News 21 November

NAB to pay $50M in compo to customers National Australia Bank has agreed to pay $49.5 million to settle a class action lawsuit over Consumer [...]

POSTED ON November 21, 2019
Trending Financial News 18 November

Aussies set to trim spending this Christmas New research from St.George Bank suggests Aussie households are tightening their belts this Christmas with 43% of Aussies [...]

POSTED ON November 18, 2019
Trending Financial News 15 November

Credit cards offering amazing deals to entice customers back Many Australians are cutting up their credit card and using debit cards or other ways to [...]

POSTED ON November 15, 2019
Trending Financial News 14 November

Banks offer help to bushfire victims Wild deadly bushfires are still out of control across much of northern NSW and Queensland. New South Wales and [...]

POSTED ON November 14, 2019
Trending Financial News 13 November

594,000 Aussies cut up their credit cards Almost one million Australians ditched their credit card in the 12 months to September, the Reserve Bank reported [...]

POSTED ON November 13, 2019
Trending Financial News 12 November

Judo Bank faces heavyweight fight for name A legal battle over the name Judo has erupted with business lender and term deposit provider Judo Bank [...]

POSTED ON November 12, 2019
Trending Financial News 11 November

More than 100 variable home loans under 3.5% There are now many more than 100 variable home loan products with comparison rates under 3.5 per [...]

POSTED ON November 11, 2019
Trending Financial News 8 November

Which bank gets the most complaints? Commonwealth Bank is the biggest financial institution in Australia by numbers of customers and recorded the most complaints against [...]

POSTED ON November 8, 2019
Trending Financial News 7 November

More Aussies are looking into a new mortgage … The number of Australians making enquiries about applying for a new mortgage has increased for the [...]

POSTED ON November 7, 2019
More lenders go under 3%

MEDIA RELEASE Sunday 3 November 2019 More fixed and variable home loan rates fall under 3%There are options for savers who want to beat inflation [...]

POSTED ON November 4, 2019
Guide to first home loan deposit scheme.

Who can qualify for the First Home Loan Deposit Scheme? Your two-minute FAQ guide to the First Home Loan Deposit Scheme Whilst seasoned campaigners understand [...]

POSTED ON October 29, 2019
Trending Financial News 25 October

PayPal credit card coming soon Citi Australia has announced it will develop credit products for PayPal, the online payments and wallet company that claims eight [...]

POSTED ON October 25, 2019
Trending Financial News 24 October

Bank branches are disappearing – fast Almost 10 per cent of bank branches have closed over the last two years. 16 per cent of ATMs [...]

POSTED ON October 24, 2019
Trending Financial News 22 October

Afterpay threatened by surcharges Shoppers using Afterpay, Zip, Openpay or other Buy Now, Pay Later schemes could be forced to pay a merchant surcharge to [...]

POSTED ON October 22, 2019
Trending Financial News 21 October

“This is terrible,” Commbank tells customers Commonwealth Bank says almost all missed payments resulting from a computer system outage last Thursday will be completed and [...]

POSTED ON October 21, 2019
Trending Financial News 17 October

Payday lenders turn $600 into $3K debt Loan sharks and payday lenders selling expensive small loans to vulnerable consumers often reliant on welfare and Centrelink [...]

POSTED ON October 17, 2019
Trending Financial News 16 October

Which Sydney suburb has the highest rental yield? The average rental yield in the greater Sydney area is 2.8 per cent for houses and 3.7 [...]

POSTED ON October 16, 2019
Cryptocurrency update – 15 October

Is the Facebook Libra Association dead? No Facebook Libra is not dead, in fact it’s very much alive. The Libra Association has elected a board [...]

POSTED ON October 15, 2019
Trending Financial News 15 October

ASIC takes aim at banks who rely on fine print Product disclosures contained in ‘fine print’ at the bottom of advertisements and promotions for financial [...]

POSTED ON October 15, 2019
Trending Financial News 14 October

Is Facebook Libra falling apart? eBay, Visa, Mastercard and Stripe have joined PayPal in exiting the Facebook Libra coalition. There are now just two payments [...]

POSTED ON October 14, 2019
Has ING cut interest rates?

ING is one of Australia’s most popular lenders, outside of the big four banks. ING is also a popular bank with savers and the ING [...]

POSTED ON October 9, 2019