Investment Opportunities

Lengthy mortgage processes a thing of the past

Australians who are fed up with long mortgage approval times may have their problem solved with digital banking solutions. Last week neobank 86 400 launched its digital mortgage offering with the application process done entirely through its smartphone app. The…

Gift card protections now law

Australians shopping for gift cards ahead of the festive season will have extra protection against losing millions of dollars on expired cards. The Australian Consumer Law has been amended to introduce a national regime that requires gift cards have a…

Zipping it together: Amazon’s new payment partner

Buy now pay later (BNPL) is now bigger than ever, with one of the world’s biggest e-commerce retailers signing up its first BNPL offering for customers on its local retail website. Zip’s buy now pay later service, Zip Pay, and…

Off the plan contract reform takes effect

New rules for the sale of property off the plan come into effect in New South Wales next month, introducing major changes in this contentious area. The changes will limit the scope a developer has to change or adjust key…

Chi-X offers more product for retail investors

Investors are set to get a better deal as competition heats up between Australia’s share trading platforms and its challenger. Alternative listed securities market, Chi-X Australia, is going up against the Australian Stock Exchange (ASX) with its trading volumes and…

Another fund manager offers an investor ‘loyalty program’

Pengana Capital will offer unitholders in its Pengana Private Equity Trust a “loyalty benefit” as part of an offer of new units in the ASX-listed trust. Pengana announced last week that it would offer additional units in Pengana Private Equity…

Lodge your tax now before it’s too late

The Australian Taxation Office (ATO) is encouraging people to lodge their tax returns to avoid missing out on a potential refund. Australians can be up for a potential refund by lodging their return online through myTax or engaging a tax…

Bankruptcy is going digital

Australians facing the prospect of bankruptcy will soon be able to submit their application online. The Australian Financial Security Authority (AFSA) has announced that its new initiative, Bankruptcy Online will launch in January 2020. Debtors will be able to create…

Rental income falls in the September quarter

House prices have started to rise again but rents have not. Rents fell 0.2 per cent in the capital cities in September – the third consecutive month of falls. According to the latest CoreLogic Quarterly Rental Review, rents were down…

First Home Loan Deposit Scheme is law

The Government’s plan to help first home buyers get into the real estate market, First Home Loan Deposit Scheme, became law last week and will take effect in January next year. The scheme means that first home buyers will only…