The Coalition has pledged to overhaul the rules governing how banks assess borrowers by slashing the serviceability buffer set by the Australian Prudential Regulation Authority (APRA). In a joint statement, shadow treasurer Angus Taylor, shadow housing ...
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US President Donal Trump has described 'tariff' as the most beautiful word in the dictionary. But for Australia and other nations, it is a word that is more likely to elicit fear in the wake of Trump's imposition of steep global tariffs. ...
Homebuyers could now be eligible to borrow up to $50,000 more, thanks to a major lending rule change by Australia's largest bank. The Commonwealth Bank of Australia (CBA) has quietly updated its credit policy to allow borrowers to count boarder ...
Money magazine, with its research partners Rainmaker Information and Plan For Life, brings you the inaugural standalone life insurance awards, which aim to recognise the best offerings in the sector. While they are newly independent, some of these awards ...
With no super, Peter wants to "lend" his children $400,000 and have them repay it slowly as an "unofficial income" in order to claim the age pension. Reader question Dear Paul, I am single, 66 and soon to retire. I own two $500,000 houses and have no ...
In this episode of the Friends With Money Podcast, Vanessa Walker, managing editor of Money magazine, discusses insurance with journalist Ryan Johnson. They explore why insurance premiums are rising, ways to find the best value policies, and the inner ...
The official cash has been left on hold at 4.10% by the Reserve Bank Board at its latest meeting, which concluded this afternoon. Leading up to the meeting the consensus from experts and the market had been that rates would be held steady. That turned ...
Aussie credit score reporting platform Credit Savvy has announced it will be closing its website and app on May 14. More than 1 million Australians have accessed the free service since it was founded in 2016, which promotes financial services and products ...
A review of major superannuation trustees by ASIC found that not even one monitored or reported on the full process of death benefit claims handling. The review of superannuation trustees, including Australian Retirement Trust, Avanteos (Colonial First ...
What it means to Australians after a week in pre-election politics Opposition leader Peter Dutton has promised cheaper energy, lower migration, and more support for small business under a sweeping pre-election pitch delivered in his budget reply speech ...
