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 1 November

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 [...]

POSTED ON November 1, 2019
Trending Financial News 31 October

Dollarmites in trouble again Consumer lobby group CHOICE has revealed an investigation into Commonwealth Bank’s school banking program Dollarmites found the bank is marketing the [...]

POSTED ON October 31, 2019
Trending Financial News 30 October

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 [...]

POSTED ON October 30, 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 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
Trending Financial News 11 October

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 [...]

POSTED ON October 11, 2019
Trending Financial News 4 October

Government tells borrowers – vote with your feet The treasurer Josh Frydenberg has again slammed banks for not passing on the full amount of the [...]

POSTED ON October 4, 2019
Trending Financial News 2 October

Owner occupier rule change hits 100,000 borrowers Around 100,000 Australian home loan borrowers could be hit with interest rate increases on owner occupier mortgages after [...]

POSTED ON October 2, 2019
Trending Financial News 30 September 2019

RBA expected to cut rates on Tuesday The Reserve Bank of Australia is expected to cut official interest rates this week, bringing the leading home [...]

POSTED ON September 30, 2019
Trending Financial News 24 September 2019

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 [...]

POSTED ON September 24, 2019
Trending Financial News 23 September 2019

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 [...]

POSTED ON September 23, 2019
Trending Financial News 19 September 2019

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 [...]

POSTED ON September 19, 2019
Trending Financial News 18 September 2019

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, [...]

POSTED ON September 18, 2019
Trending Financial News 22 August

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 [...]

POSTED ON August 22, 2019
Trending Financial News 19 August

New Westpac loan rules in effect tomorrow Westpac has announced new loan rules that come into effect tomorrow for all new Westpac, St George, Bank [...]

POSTED ON August 19, 2019
Trending Financial News 16 August

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 [...]

POSTED ON August 16, 2019
Trending Financial News 14 August

One debt collector is the king of bankruptcy The Financial Counsellors association, the Consumer Action Law Centre and the Financial Rights Legal Centre are all [...]

POSTED ON August 14, 2019