ASIC is taking Westpac to the Federal Court, alleging it sold junk credit insurance to 384 customers that did not want it and whose accounts were unlawfully debited to pay for the premiums. The corporate regulator has exposed dodgy sales of add-on insurance ...
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The Federal Court has imposed a $7 million penalty on Commonwealth Bank for charging higher interest rates on business overdraft accounts than what it advised its customers over a four-year period. Following an investigation by ASIC, CBA admitted to ...
Of the various items of expenditure that you might incur in running a rental property, probably the most significant is the amount you pay on your mortgage. The interest element of your mortgage repayment is deductible for tax purposes. In addition ...
If you want some help with saving money, find inspiration among the growing champions of savings: the FIREs. The followers of the popular personal finance movement, FIRE, which stands for financially independent, retire early are prodigious social media ...
The tax concession system is a contributing factor to gender inequality with most of the benefits flowing onto men, new research from the Australia Institute shows. Economic modelling commissioned by the Australia Institute from the Centre for Social ...
Dear Paul, I fractured my skull in the Royal Australian Navy 30 years ago and have developed epilepsy. I went into a massive depression and PTSD and turned to drugs and gambling as a pain reliever. Thanks to the staff at National Centre for Veteran's ...
New credit reporting rules that come into effect from July 2022 will change what is shown on your credit report, especially when it comes to hardship repayments. Here's what those changes are and what they mean for you. Parliament recently approved ...
Readers who have followed me for a long time will have noticed that I am much more likely to write about a stock that has experienced a significant pullback than stocks that are hitting record highs. That is because I am looking for value opportunities. ...
I asked my colleagues a question. "How do you lose $10,000 in the stockmarket?" The more sensible replies included: - Try to make $5000. - Trade forex from the comfort of your own kitchen. - Trade CFDs without understanding leverage. - Trade a lot. ...
NSW residents affected by these once-in-a-century floods have been granted access to government disaster relief payments of up to $1000 for adults and $400 for children. The following local government areas are currently eligible for the payments: Armidale ...
