Investment Opportunities

Generous to a fault

Australians are generous when it comes to giving gifts, spending almost $20 billion a year – $1200 a year for every adult, according to new research. The Financial Planning Association is kicking off Financial Planning Week with the release of…

Stopping workplace age discrimination

Australians are staying in the workforce longer but they often encounter age discrimination in the workplace. A new guide tells them how to get advice and help. The ARC Centre of Excellence in Population Ageing Research (CEPAR) has produced a…

Credit reports to include hardship arrangements

The Government is proposing to amend legislation that will allow the inclusion of controversial information in comprehensive consumer credit reporting. The Attorney-General has announced proposed changes to the Privacy Act and its comprehensive credit reporting (CCR) scheme to allow details…

Tax time scam alert

The Australian Cyber Security Centre (ACSC) Stay Smart Online site has issued a warning that it is seeing a surge in scammers impersonating myGov and the Australian Taxation Office and asking for money or personal details. The ACSC says scams…

The top TD rate is now under 2.5 per cent

After two months of term deposit rate adjustments, the average rates for key terms – three, six, nine and 12 months, and three and five years – are now in a narrow band between 1.79 per cent and 1.91 per…

Few lenders pass on the full rate cut

After two months of home loan interest rate moves only eight providers have passed on the full cuts to its customers. Athena, Bank First, Greater Bank, Homestar, Newcastle Permanent, RACQ Bank, The Capricornian, and UBank are the only lenders that…

Residential property market sentiment picks up

Australians are reporting that they are more optimistic about the outlook for house prices. And a significant number are looking to buy over the coming year. According to ME Bank’s latest Quarterly Property Sentiment Report, 38 per cent of respondents,…

TPB warns on unregistered tax agents

The Tax Practitioners Board has issued a warning to taxpayers about the risk of using unregistered tax agents. It says there have been a number of cases of agents posing as legitimate registered tax practitioners who lodge returns on behalf…

Gold price hits record high

The gold price has hit a record high, in Australian dollar terms, and is worth more than A$2000 an ounce, after having a strong rise over the past year. In local currency terms, the gold price is up more than…

Digital banks promise personalised solutions

A new breed of start-up banks is entering the market. The likes of 86 400, Volt, Judo and Xinja are promising that their technology will lower costs for customers and give them tools for managing their finances more effectively. The…