ASIC slams timeshares as harmful and risky

The Australian Securities and Investments Commission (ASIC) has released a report today outlining the potential harm caused to consumers by timeshare schemes.

Saving outpaces spending as Aussies pocket their tax offsets

Belts around Australia appear to have tightened a few notches, with new figures revealing a sharp rise in the rate of household saving as Aussies stashed away, rather than splurged, the recent tax offsets.