ASIC to receive real-time home loan data
In a bid to crack down on excessive and risky home loans being sold, ASIC is seeking to implement a new system of real-time mortgage data collection.
February 28, 2019
What 1,100 Australians had to say about their debt problems
Australia’s first large-scale study on the experiences of people suffering financial hardship has revealed people’s debt problems aren’t always down to poor choices.
February 27, 2019
Car loan arrears on the rise
The proportion of Westpac car loans in arrears has risen, according to Deutsche Bank, which can pose a risk for investors, customers and the bank itself.
February 26, 2019
RBA Governor dissatisfied with big four banks’ slow NPP progress
RBA Governor Philip Lowe has given the big four banks a public dressing down over their delays in properly installing the NPP (new payments platform) into their processes.
February 26, 2019
Airport parking costs fall up to 22%
A new report by the ACCC has found the cost of parking in some of Australia’s biggest airports has declined.
February 25, 2019
Westpac expects two cash rate cuts in 2019
Westpac has become the first major bank to officially predict a rate cut in 2019 – and it’s predicted two of them.
February 22, 2019
Lenders should pay flat 1.1% fee to mortgage brokers: Labor
Labor has backflipped on intentions for implementing the ‘borrower pays’ approach to mortgage broker commissions.
February 22, 2019
ME Bank survey shows the importance of learning about money as a child
A study by ME Bank has found a strong link between financial wellness as an adult and money experiences as a child.
February 21, 2019
Petrol prices hit lowest point in more than a year: ACCC
Petrol prices across Australia’s five largest cities have fallen to their lowest point since August 2017, according to the ACCC.
February 19, 2019
Another major city to trial a Universal Basic Income
The city of Stockton in California, USA is the latest city to trial a universal basic income, a scheme that provides periodic cash payments to people to assist with the cost of living.
February 19, 2019
