Australia’s internet speed has, arguably, always been slow. Certainly, when compared with other countries it is underperforming. In fact, Australia's internet infrastructure is ranked 54th [...]
The good news for motorists travelling down Australia’s highways is there has been less traffic. Less traffic leads to less accidents. And less accidents, mean [...]
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 [...]
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 [...]
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 [...]
Woolworths opens – for elderly and vulnerable ONLY “There is enough for everyone” announced Coles Supermarkets this weekend as panic buying gripped Australia. Woolworths has [...]
Six and half million Australians will be paid $750 directly into their bank accounts in the fortnight starting 31 March 2020. Prime Minister Scott Morrison’s [...]
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 [...]
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 [...]
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 [...]
This article will be updated as lenders announce rate cuts. The Reserve Bank cut interest rates at 2.30pm on Tuesday 3 March 2020 by 0.25 [...]
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 [...]
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 [...]
Bitcoin and most other major cryptocurrency prices are falling fast. Ethereum, XRP (Ripple), Bitcoin Cash, Litecoin, Steller Lumens and EOS have all fallen sharply over [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
Term deposits are a secure and predictable investment vehicle with guaranteed returns as long - as you leave the money in the account right through [...]
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, [...]
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 [...]
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 [...]
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. [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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. [...]
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 [...]
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 [...]
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, [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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. [...]
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 [...]
Building wealth needs patience, work, diligence and knowledge. InfoChoice can help you get your own everyday banking and finances in order by helping you compare [...]
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 [...]
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 [...]
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 [...]
The great crypto clean out of 2020 Cyrptocurrency markets may be cleaning out the non-performing lesser known cryptocurrencies in favour of Bitcoin and one or [...]
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 [...]
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 [...]
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 [...]
*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 [...]
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 [...]
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 [...]
Are you living in a bushfire affected area in New South Wales, Victoria, Queensland or South Australia? Is your property currently impacted or damaged by [...]
Do you want to donate money or goods or services to help out people and families fighting bushfire in Australia? This is a page of [...]
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 [...]
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 [...]
Owner occupiers are driving the mortgage market and first home buyers are back at open houses and auctions in droves. New home loan sales were [...]
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 [...]
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 [...]
Property investors looking to take advantage of current market trends, shouldn’t just jump into the market because interest rates are low and lending standards have [...]
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 [...]
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 [...]
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 [...]
Whether you are looking for a balance transfer credit card, a low-rate card, a card with no annual fee, a rewards points or platinum level [...]
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 [...]
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. [...]
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’ [...]
The latest estimates of the costs of raising children in Australia show just how expensive children can be. Costs have risen substantially over the last [...]
Christmas shopping scams booming in 2019 Already, before the end of November, more money has been lost online to shopping related scams in 2019 ( [...]
Christmas shopping scams are booming in 2019. Australians are falling victim to Christmas online shopping scams at an alarming rate. Already, before the end of [...]
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. [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
More Aussies are looking into a new mortgage … The number of Australians making enquiries about applying for a new mortgage has increased for the [...]
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 [...]
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 [...]
What is 86 400? 86 400 is a neobank – a completely online bank that is based on mobile phone app technology. 86 400 is [...]
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 [...]
Bank branches are disappearing – fast Almost 10 per cent of bank branches have closed over the last two years. 16 per cent of ATMs [...]
Credit card issuers are under pressure to sign up new customers at the moment. And that has led to the proliferation of some amazingly generous [...]
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 [...]
“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 [...]
Is your local garbage tip more organised than your finances? Bear in mind, we are not talking about how much money you have in the [...]
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 [...]
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 [...]
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 [...]
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 [...]
Less than one year after the Royal Commission into Financial Services, the big banks and other mortgage lenders face a new government inquiry. Today the [...]
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 [...]
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 [...]
Around 100,000 owner-occupier home loan borrowers have been reclassified as investors. The change means they could be hit with higher interest rates in the future. [...]