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Finance

Half of All Fixed Rates Set to Expire: Australian Borrowers Encounter Imminent ‘Mortgage Cliff’

by Craig Fedirighi
Half of All Fixed Rates Set to Expire: Australian Borrowers Encounter Imminent ‘Mortgage Cliff’

Australian borrowers face falling off a “mortgage cliff” as their fixed rates expire and the Reserve Bank of Australia’s repeated hikes to the cash rate set in. Analysis by finance …

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Categories Business

Colonial First State reaches $100m settlement in super fees class action

by Craig Fedirighi
Colonial First State reaches 0m settlement in super fees class action

A $100 million settlement has been reached on behalf of Colonial First State superannuation fund members who were allegedly charged excessive fees, with thousands eligible for reimbursements. The class action …

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Categories Business

New Cost of Living Assistance Brings $500 Energy Bill Relief and More Affordable Childcare to Benefit Millions

by James Odonell
New Cost of Living Assistance Brings 0 Energy Bill Relief and More Affordable Childcare to Benefit Millions

The cost of living continues to bite household budgets across the country but the federal government is promising measures to ease the squeeze are on their way. The start of …

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Categories Politics

Maximizing Your 2023 Tax Return: Strategies for Optimizing Your Lodgement

by Craig Fedirighi
Maximizing Your 2023 Tax Return: Strategies for Optimizing Your Lodgement

With tax time fast approaching, you may be planning to spend this year’s refund on a holiday, shopping spree or simply to catch up on bills. But as Australians dream …

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Categories Business

Centrelink payments and wages undergo changes as new financial year begins on July 1

by James Odonell
Centrelink payments and wages undergo changes as new financial year begins on July 1

The new financial year has arrived, bringing with it several changes that will impact Australians’ household budgets. Starting from July 1, millions of Australians can expect a weekly pay increase …

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Categories Politics

Attention Australians: Be cautious when accumulating recession savings, as banks entice with alluring interest rates

by Craig Fedirighi
Attention Australians: Be cautious when accumulating recession savings, as banks entice with alluring interest rates

Interest rates on some Australian savings accounts could soon surpass six per cent, but one financial expert has issued a warning to savers weighing up a tempting switch. A dozen …

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Categories Business

RBA Determines Interest Rates Amid Potential Recession and Inflation Easing

by Craig Fedirighi
RBA Determines Interest Rates Amid Potential Recession and Inflation Easing

Australian mortgage holders can breathe a sigh of relief following the Reserve Bank of Australia’s decision to pause cash rate hikes. The RBA met on Tuesday and decided not to …

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Categories Business

Barista Bros drinks production ceases in Australia

by Craig Fedirighi
Barista Bros drinks production ceases in Australia

A popular iced coffee brand has been quietly pulled from supermarket shelves nationally. Coca-Cola Australia has discontinued production of Barista Bros, which specialised mainly in iced coffee products. In a …

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Categories Business

Michele Bullock appointed as new leader following Philip Lowe’s departure from Reserve Bank

by James Odonell
Michele Bullock appointed as new leader following Philip Lowe’s departure from Reserve Bank

The Reserve Bank of Australia will get its first woman leader as the federal government chooses not to extend Philip Lowe’s tenure. Lowe will be replaced by Michele Bullock, the …

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Categories Politics

Thousands Left Without Car Insurance as Farmers Pulls Out of Florida

by Adesola Mojo
Thousands Left Without Car Insurance as Farmers Pulls Out of Florida

Farmers Insurance has made the decision to cease offering insurance in Florida. According to CNN, the national insurer will be cancelling 100,000 policies in the state just in time for …

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Categories Automobile
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