Around 50% of people are fixing their home loans, according to figures from Commonwealth Bank, but is paying a rate lock fee prior to settlement worth the money? What is a rate lock fee? A new home loan usually takes up to six weeks to settle (although ...
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As COVID-19 and extended lockdowns bring a surge in the number of Aussies flocking to online trading, many first-time are finding themselves out of their depth. Without proper education and awareness of the risks involved, beginner traders could leave ...
Young Aussies are setting a new gold standard in banking. If I could turn back time, I wish I had access to the same banking features that are now the norm. But the good thing is that while banks have purpose-built apps for the younger generations ...
How do you pivot from building sets for Ninja Warrior to producing desks for a nation stuck working from home? More than a third of Aussie businesses have struggled financially since COVID-19 restrictions began last year, with small businesses in particular ...
Amateur investors from the Reddit forum WallStreetBets sent professional short traders into a panic earlier this year when they went all-in on a stock that was otherwise doomed, GameStop. New research has revealed that the trend may be partly thanks ...
Due to the COVID pandemic, Australian banks have dramatically increased their liquid reserves in order to handle any issue that may arise, such as an increase in loan defaults. In the seven years prior to 2020, the banks liquid reserves to asset ratio ...
If you're worried about the cost of raising kids, building your super and paying off the mortgage, don't be. A far bigger issue could be looming. Brian Herd, the head of elder law at CRH Law and author of Avoiding the Ageing Parent Trap, predicts ...
Bank of Queensland launches a new debit card made from recycled plastic, and multiple superannuation accounts are in decline. Here are five things you might've missed this week. Investing long-term for big returns According to Vanguard's 20 th annual ...
It's a busy time for Lucy Brogden, chair of the National Mental Health Commission. She is currently in lockdown in Sydney with her husband and two high school-aged sons, and is in constant contact with community leaders monitoring mental health. ...
Super. We all have it and should all be doing our best to look after it. For the most part, our thoughts revolve around how much we actually have in our superannuation accounts, how much it has grown over time, or where it is invested. Then there are ...
