One stop shop' for financial complaints commencing in 2018

The new Australian Financial Complaints Authority (AFCA), first announced in May 2017 by the Australian Government, will be a “one stop shop” to deal with financial system complaints.

Aussie interest in buying new vehicles is dropping

2.28 million Australians intend to purchase a new vehicle in the next four years, however, this number has fallen by 270,000 people from 2.55 million last year.

RBA cash rate held again at 1.5 per cent

The Reserve Bank of Australia (RBA) has held the cash rate yet again at an historic low of 1.5 per cent.

Government to increase self-managed super fund flexibility

The maximum number of members in self-managed super funds (SMSF) will grow from four to six, and rolling over your existing superannuation funds into a self-managed fund will now be a much smoother process.

APRA throws a lifeline back to property investors

Today’s announcement from APRA to remove the investor loan growth benchmark will see some banks cut investor rates to lure back more investors into the lucrative sector.

Perth is the most affordable City in Australia

Perth has been named the most affordable city in Australia, according to Housing Industry Association.

What the rise of first home buyers means for you

The number of first home buyers has finally began to increase thanks to state and territory incentives such as grants and tax concessions, according to data from CoreLogic.

Australian consumer confidence bounces back

Consumer confidence has bounced back from its previous decline, rising 2.2 per cent last week to 118.5, according to data from ANZ-Roy Morgan Australian Consumer Confidence.

Why you can't afford to ignore your credit score

If you’ve been putting off checking your credit score in fear of an average rating, you could be making common mistakes that are detrimental to your credit history. Worse, you are missing a valuable opportunity to improve your score.

Australian property prices on the rise, approaching $7 trillion

Despite slowing conditions in Sydney, Australian residential property prices have risen across the country, bringing the total value to nearly $7 trillion.