Next time you visit a mortgage broker, if you see a home loan from a string of numbers instead of a bank, you’re not seeing things – you may have just encountered 86 400, a neo-bank aiming to disrupt the mortgage market.
When was the last time you paid for something with a fat wad of notes or a handful of shrapnel? Even if you wanted to, you may not have had the option – according to the Commonwealth Bank, the number of Aussies making cash payments is shrinking, while the number of businesses going completely cashless is growing.
New research from Westpac shows that a lack of communication around finances is prominent among separating Australian couples, with more than a third (36 per cent) of relationships not in a financially healthy position.
The Australian Financial Complaints Authority (AFCA) will soon be able to investigate and resolve financial complaints dating back more than ten years, following the results of the banking royal commission.
In celebration of 60 years of one of the most beloved Australian TV characters, the Royal Australian Mint has announced the release of limited edition $2 Mr Squiggle coins in Woolworths supermarkets.
The number of Australians declaring bankruptcy has fallen to its lowest level since March 1995, according to the latest personal insolvency statistics from the Australian Financial Security Authority.
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