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Cash options in demand

Cash options in demand

9:45 AM

Australian Super said the number of members selecting the fund cash investment option doubled over the December 2008 quarter, though off a l...

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Australia’s AAA rating affirms sound finances and resilient economy

Australia’s AAA rating affirms sound finances and resilient economy

9:43 AM

While global economic conditions are widely tipped to worsen in 2009, Australia is well-placed to ride the storm. Standard & Poor’s yest...

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Industry commentators warn of property price drop ahead

Industry commentators warn of property price drop ahead

12:03 PM

Australia is likely to be spared the hammering experienced by the US and UK property markets, but the domestic industry should brace for a f...

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Government urged to review FHOG boost before removing

Government urged to review FHOG boost before removing

11:58 AM

The Real Estate Institute of Australia (REIA) has prepared a pre-budget submission to the Commonwealth Government, calling for a thorough re...

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First Home Owners Grant hits the mark

First Home Owners Grant hits the mark

11:13 AM

Figures released by Housing Minister Tanya Plibersek, reveals that 5,385 first home buyers took advantage of the FHOG boost in November 2008...

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Life insurance inadequate for most

Life insurance inadequate for most

11:10 AM

More than a quarter of working households say they need life insurance cover of $400,000 or more, according to a survey by the Australian In...

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Margin calls hit new record highs

Margin calls hit new record highs

10:08 AM

According to the Reserve Bank of Australia, almost 900 investors per day were subjected to margin calls during the September quarter of 2008...

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UK rates cut another 0.5%

UK rates cut another 0.5%

9:13 AM

The Bank of England has cut the cash rate to just 1.5% as its economy faces an ever worsening situation. In a statement released overnight r...

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Mortgage stress overstated

Mortgage stress overstated

11:39 AM

According to the Mortgage and Finance Association of Australia (MFAA), less people are having trouble meeting mortgage repayments than is ge...

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Keep more cash in your pocket

Keep more cash in your pocket

10:52 AM

Below are some solutions to help you keep more of your hard-earned money. For more tips on saving money, speak to one of the experienced fin...

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Rate cuts and incentives fail to boost new home sales

Rate cuts and incentives fail to boost new home sales

9:18 AM

New home sales recorded a disappointing decline in November 2008, despite interest rate reductions and first home buyer incentives from the ...

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Beware of tax office emails

Beware of tax office emails

9:07 AM

The Australian Tax Office is warning people about a fraudulent email being circulated that claims to offer a refund from the Tax Office. It ...

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Upbeat borrowers bode well for lending activity

Upbeat borrowers bode well for lending activity

9:56 AM

According to figures released by the MFAA/BankWest Home Finance Index today, Australian households are managing the economic downturn reason...

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Australians prefer property to shares

Australians prefer property to shares

9:52 AM

Significant reductions to the cash rate may have had an impact as more Australians plan to choose property over shares in 2009. An online po...

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Brokers rank high with young home buyers

Brokers rank high with young home buyers

12:30 PM

According to the results of the latest MFAA/BankWest Home Finance Index, approximately 42% of people surveyed under the age of 29 were likel...

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Job vacancy decline eases in December 08

Job vacancy decline eases in December 08

11:45 AM

The decline in job vacancies stabilised at the end of 2008, a possible indication that employment prospects may not be as weak as anticipate...

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Aussies are bargain hunters

Aussies are bargain hunters

9:02 AM

According to the Australian National Retailers Association, December retail sales are up 3% on last year and 10% on the year before. Shopper...

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Tips for achieving extra savings

Tips for achieving extra savings

9:10 AM

1. Pay your bills by the due dates and avoid late payment penalties - about $10 on utility bills and far higher for credit card bills. 2. Re...

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Rent goes up, property prices go down

Rent goes up, property prices go down

9:57 AM

According to Residex, property prices in Perth, Melbourne and Adelaide are expected to stagnate or even go backwards over the next year. Tow...

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Banks not passing on rate cuts to farmers

Banks not passing on rate cuts to farmers

9:55 AM

Farmers say they are not being treated fairly by their banks, because they have not received the same level of interest rate relief as homeo...

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