How much superannuation should I have?

The amount of superannuation you need to have at retirement is based on how much money you would expect to spend each week during your retirement.

How often does your credit score change?

The frequency at which your credit score changes will depend on how often a bank, lender or service provider offers this information to credit bureaus, and how often a credit bureau assesses your individual credit history and payment behaviour. 

Does breaking a lease affect your credit score?

If you break a lease early in Australia, and follow all the requirements in your lease, it should not affect your credit score - only your bank account. But if you fail to pay any final rent amounts or fees, your credit score could take a hit.

What superannuation details do I give to my employer?

When you start a job, your employer will request you provide the details of your chosen superannuation fund. To do so, you will need to fill out what’s called a ‘superannuation standard choice form’, and provide some personal details.

Afterpay may start credit checks: how to make sure your credit score is good enough

Some of the biggest players in the Buy Now, Pay Later space could be looking at your application with a more thorough eye, as the latest push for stricter regulations may see big names like Afterpay commence credit checks.

How do I close a bank account?

Opening a new bank account in Australia is easy, but when you’re trying to close your bank account for good, there could be some extra hoops to jump though.

Can Centrelink access your bank account?

You may have heard stories of Centrelink accessing people’s bank accounts to check on them if fraud is suspected, but is this something it can actually do? 

Buy Now, Pay Later debts are growing: how to use BNPL platforms safely

Are you struggling with your Buy Now, Pay Later repayments? You’re not alone, according to a new BNPL report released. However, it is possible to use BNPL platforms safely and responsibly – it may just take some small adjustments.

How do you break a term deposit?

While it is possible to end a fixed term deposit early, it will cost you in the form of costly break fees or interest rate reductions - and payment will likely not be instant.

Suncorp offers new bank account that tracks your carbon emissions

In a win for sustainable banking, Suncorp has revealed its new online transaction account that allows customers to view the estimated carbon emissions of their purchases.