Banks welcome in spring with home loan specials

Lenders have embraced the change in weather with a smorgasbord of rate cuts and special deals as the spring property market officially kicks off.

Bank pulls plug on investor lending, for now

Heritage Bank has announced a temporary halt to investor lending to remain within the regulator’s speed limit for lending growth.

Are there special savings accounts for children?

Many lenders offer savings accounts that are specially designed for children. These accounts often have relatively high interest rates and no ongoing fees.

Politicians aim for enhanced consumer protection

Consumer affairs ministers from across the country are meeting today in Melbourne to discuss legislation to protect consumers.

Many older workers facing difficult retirement

About two in five of Australia’s baby boomers are set to retire with worryingly low levels of superannuation, new research has found.

Banks shut the door on new interest-only borrowing

More home buyers are being forced to pay down their debt according to the latest APRA figures, which shows a marked drop in interest-only terms for new housing loans.

ASIC makes super fees more transparent

There’s about to be a change in the way superannuation and managed investment funds disclose their fees and charges.

Low savings, high debt impacting lives

Four in 10 Australians feel they’re not living their preferred lifestyle – often because of money problems.

CBA's bad month gets even worse

Australia’s banking regulator will establish an independent prudential inquiry into the Commonwealth Bank.

Financial complaints body given expert assistance

Australia is one step closer to getting a new one-stop-shop dispute resolution scheme for financial and superannuation disputes.