A pensioner struggling to cover her mother's aged-care fees asks whether a reverse mortgage could help. Paul explains why a government-backed alternative may be the better option.
Banking
Have you ever wondered why credit card interest suddenly appears, even when you're making regular repayments? The answer often catches cardholders by surprise.
From October, card surcharges will become a thing of the past. But while the change promises savings for cardholders, it could have ripple effects beyond the checkout.
Major banks are cutting back credit card travel insurance, leaving some Australians at risk of finding out they're not covered when something goes wrong overseas.
With banks cutting points and raising fees, here's how to compare rewards cards, low-rate cards, balance transfer cards and no-fee credit cards.
One reader found a cheque from 1979. There's just one problem - no bank seems willing to cash it 47 years later.
Australians who rely on credit cards to rack up frequent flyer points are being warned to brace for sweeping changes, with major banks hiking annual fees, cutting earn rates and stripping away popular perks ahead of the October 1 surcharge ban.
With interest rates near their highest levels in years, many savers will be taking a fresh look at term deposits. But are they the right home for your cash?
Often overlooked by borrowers, customer-owned banks are offering some of the sharpest home loan rates on the market.
Home loan demand is slowing, and banks are hungry for new customers. Here's why your lender may be more willing to cut your rate.
