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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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, [...]
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 [...]
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’ [...]
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 [...]
MEDIA RELEASEMonday 3 February 2020 Game changing new savings account has no base /max rate rulesSavers moving away from big four to find better rates [...]
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 [...]
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 lowest home loan rates in Australia are well under 3 per cent pa with some lenders now offering rates around 2.5 per cent pa. [...]
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 [...]
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 [...]
You have packed away the Christmas tree and now it’s time to think about where you are headed financially for 2020. If, like many at [...]
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 [...]
NAB gives cash to bushfire victims and businesses National Australia Bank is spending $5 million on immediate relief to business and agriculture customers affected by [...]
Westpac pays the mortgage for bushfire victims Westpac Group (including Bank of Melbourne, St George Bank, BankSA and RAMS) has announced more support for customers [...]
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 [...]
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 [...]
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 [...]
Citibank raises rates on homeloans Citibank is facing a backlash from politicians and consumer groups after raising rates on homeloans. Citi is the first bank [...]
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 [...]
Christmas shopping scams booming in 2019 Already, before the end of November, more money has been lost online to shopping related scams in 2019 ( [...]
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 [...]
Active borrowers get rewarded with bigger rate cuts Borrowers have given themselves an extra 0.05 percentage points in home loan rate cuts by comparing rates [...]
Neobank 86 400 opens with $10 cashback 86 400 is a neobank, a completely online bank based on a mobile phone app. 86 400 is [...]
Pension Loans Scheme rates under review Treasurer Josh Frydenberg has announced a review of the interest rates charged by Centrelink’s Pension Loans Scheme. The current [...]
Bank branches are disappearing – fast Almost 10 per cent of bank branches have closed over the last two years. 16 per cent of ATMs [...]
Westpac Group raises LVRs for investor lending The Westpac Group has raised the maximum loan to valuation ratio allowed in interest-only investor home loans from [...]
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 [...]
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 [...]
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 [...]
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 [...]
Millions of Aussies are switching banks 2.8 million Australians switched to new banks or financial providers for their home loans, credit cards and transaction accounts in the [...]
New monthly premium LMI launched Big lenders mortgage insurance provider Genworth announced the launch of a new LMI product not requiring the premium to be [...]
What is a ‘community bank?’ Bendigo and Adelaide Bank has lost its exclusive right to brand itself as a community bank following a ruling in [...]
What are the odds of winning Powerball? The Powerball jackpot this week is the biggest in Australian history at $150 million and one in three [...]
ING Savings Maximiser cuts maximum interest rate ING Australia have announced to their customers that the Savings Maximiser bonus rate is being cut from today, [...]
PayID hacked and customer data leaked An unnamed credit union has suffered a security breach and has lost “a number of PayID records and associated [...]
13% of Aussies are switching banks Trust in Australia’s banks and the financial services industry has dropped following the Hayne Royal Commission according to the [...]
Global markets are falling The Australian stock market’s key index, the ASX200 fell more than 100 points on opening today and is now below the [...]
Bankwest slashes loan approval times Bankwest has announced new mortgage approval timeframes to try and lure customers who don’t want to wait weeks for loan [...]
The Morrison government is proposing a radical ban on business cash transactions over $10,000 to fight the ‘black economy’ and tax avoidance. Business owners will [...]
Accept payments on your phone with NAB National Australia Bank (NAB) and Melbourne based payments company Quest are trialling a new payment system that will [...]
Most borrowers are clueless about their loan rate Three quarters of Australian borrowers don’t know their home loan interest rate according to new research released [...]
Auction results from Saturday 3 August Auction clearance rates continue to indicate a strengthening property market with CoreLogic reporting that 68.3 per cent of 1100 [...]
Commbank app and Netbank crash Commonwealth Bank’s mobile banking app, the Commbank app, and its internet banking portal, Netbank, both went offline yesterday afternoon affecting [...]
ASX sets new high, after 12 long years The key Australian sharemarket index, the ASX 200, closed at 6845.1 points yesterday, a new record high. The ASX [...]
Fixed rates fall under 3 per cent Fixed home loan rates continue to fall as cuts sweep through the mortgage market. There are now six [...]
Limit $100 notes says government taskforce Australians are keeping wads of $100 and $50 notes hidden away and the government’s taskforce into the black economy [...]
Google owes you $1,000 Google must compensate all internet users $1000 for breaching their privacy and selling their information to advertisers says global cyber security [...]
More rate cuts are coming in 2019 The Reserve Bank will cut interest rates in October 2019 and February 2020, Westpac economists predict, as unemployment [...]
Commonwealth Bank cuts savings account rates Commonwealth Bank has cut savings rates by up to 0.25 percentage points. Australia’s biggest bank has more than $265 [...]
Westpac slashes packaged home loan rate UNDER 4% Westpac has almost doubled the rate discount on packaged home loans to 1.29 per cent from 0.7 [...]
Has Mack Horton started a trade war with China? China’s state-run media is demanding an apology from Australia after an incident at the World Swimming [...]
Hong Kong protests ignite property market in Australia Foreigners are back in the Australian property market after largely disappearing in 2018 and early 2019 according [...]
InfoChoice EXCLUSIVE One intriguing change on the new $50 note has been missed by the media and other commentators. No, not the amazing clear plastic [...]
The Great Australian Dream is alive - First home buyers see the light Increasing optimism in property markets is pointing to better days ahead for [...]
Macquarie Bank cuts home loan serviceability test Macquarie Bank has cut its minimum home loan serviceability assessment rate from 7.25 per cent to 5.3 per [...]
Banks told: Get on top of fraud Banks and other financial institutions have been told firmly by the banking industry ombudsman to do more to [...]
The deeming rate cut explained Pros and cons of the deeming rate cuts Centrelink’s deeming rate has been cut, after two recent RBA rate cuts [...]
First home buyers are BACK! New home loan sales are falling and first home buyers are jumping in to take advantage of cheap loan deals [...]
The end of the comparison rate? The competition regulator will introduce a new “online tool to improve the transparency of the mortgage interest rates paid [...]
The big bank “tax on households” revealed The big four banks have withheld the equivalent of eight separate rate cuts since the global financial crisis, [...]
Westpac pays compo to 40,000 customers Westpac is refunding tens of thousands of customers who have been overcharged interest on their loans. 40,000 borrowers on [...]
Suddenly getting a home loan just got easier The 7.25 per cent assessment for home loan applicants has been dropped by the Australian Prudential Regulatory [...]
The lowest variable home loan rate ever is 2.89% Home loan rates continue to fall as the Reserve Bank brings down the official cash rate [...]
Westpac partly withholds rate cuts – again Westpac has announced a rate cut of 0.20 percentage points on its range of owner occupier loans and [...]
RBA cuts rates and is prepared to cut again The Reserve Bank of Australia yesterday cut the official cash interest rate by 0.25 percentage points [...]
$1080 coming soon to your bank account Lower and middle-income Aussies could see $1080 in their bank accounts as early as next week thanks to [...]
New banking code in force today A new Banking Code of Practice comes into force today, the 1 July 2019. The new code “represents the [...]
Macquarie axes international card fees Macquarie Bank has removed international transaction fees on overseas purchases made on Macquarie Bank branded credit cards. Macquarie Bank has [...]
UBank cuts savings account rates UBank, a long-time market leader in the at-call savings market, has slashed interest rates on its USaver accounts. The USaver [...]
Right now, your world feels like it’s caving in. If you’re going through a separation or a divorce, you’ve got a lot to worry about [...]
Which bank has more system outages than any other? There were more than 300 service disruptions at Australian banks and other financial institutions in the [...]
Qantas is ‘ripping off’ frequent flyers with QFF changes Qantas’ changes to QFF points is effectively ‘ripping hundreds of millions of dollars off its frequent [...]
It’s a borrowers market as home loan sales crash Sales of new home loans has slumped. The latest data from the Australian Prudential Regulatory Authority [...]
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 [...]
Savers need to take action NOW Online savings account rates offered by the big four banks are now all set at 0.5 per cent p.a. [...]
Buying vs renting – Buying is the new winner! Falling house prices and lower interest rates have combined to make buying a home much more [...]
ANZ reacts to criticism on interest rates ANZ Bank’s chief executive Shayne Elliott said his bank’s controversial decision not to pass on the full June [...]