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Credit Cards

$55 million lost to scammers this year… and counting

Australians lost over $55 million to scams in the first two months of 2024 alone, according to data from ACCC ScamWatch, with investment scams accounting for the overwhelming majority of the money lost by victims.

Eden Radford

Eden Radford -

13 Apr, 2024 -

5 min read

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Term Deposits

Crypto is crashing and term deposits are rising: Choosing a high or low risk investment

The price of Bitcoin, Ethereum and other cryptocurrencies have plummeted in the last 24 hours, meanwhile interest rates for term deposits are on the rise again. Is a high risk or low risk investment option better in 2022?

Alex Ritchie

Alex Ritchie -

10 May, 2022 -

6 min read

Term Deposits

Smaller institutions offering highest 3-month term deposit rates

Found yourself with a bit of extra cash and wondering what to do with it? Putting the funds in a three-month term deposit may be a clever move.

Nick Bendel

Nick Bendel -

07 Sep, 2019 -

2 min read

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Cryptocurrency

UST depegs and Bitcoin plummets: What is happening to cryptocurrencies?

With price falls for Bitcoin and Ethereum being regarded as a "crypto market crash", and TerraUSD (UST) stablecoin losing its dollar peg, Australans may be woondering what is happening to cryptocurrencies right now?

Alex Ritchie

Alex Ritchie -

12 May, 2022 -

4 min read

Cryptocurrency

Australia first in the world to review crypto reforms: what this means for your investment

Stakeholder consultations are underway to help establish a regulatory framework for the ever-developing crypto industry. A public consultation paper will be released soon.

Peter Terlato

Peter Terlato -

23 Aug, 2022 -

3 min read

Cryptocurrency

Regulating Australia’s expanding cryptocurrency market

Intense volatility, reluctant real-world adoption and more has pushed consumer advocates to petition the newly-elected federal government to assess and identify ways to regulate cryptocurrency markets.

Peter Terlato

Peter Terlato -

21 Jul, 2022 -

4 min read

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Bank Accounts

Australian banks unite to stop scammers – how you can protect yourself

Australia’s banking industry is stepping up its war on scams and fraud, launching a new Scam-Safe Accord intended to put scammers out of business in Australia. 

Mark Bristow

Mark Bristow -

24 Nov, 2023 -

3 min read

Bank Accounts

RBA pours cold water on electronic dollars, Bitcoin

The Reserve Bank has no plans to issue a digital form of the Australian dollar, although it recognises that it might one day happen.

Nick Bendel

Nick Bendel -

13 Dec, 2017 -

2 min read

Bank Accounts

Financial literacy - what young people need to know

The term ‘financial literacy’ describes the combination of awareness, knowledge, skill, attitude and behaviour necessary to make sound financial decisions and ultimately achieve financial wellbeing. A key to being financially stable, building assets and achieving personal goals, financial literacy is something everybody should have and want.

Paul Marshall

Paul Marshall -

18 May, 2023 -

7 min read

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Credit Score

5 ways to protect yourself from fraud

With increased awareness of the threat of cyberattacks, it’s easy to feel concerned about the safety of your personal information. Criminals with access to your details could steal your identity, fraudulently run up debts in your name, and ruin your credit score, making accessing money and credit in the future much harder.

Mark Bristow

Mark Bristow -

21 Oct, 2023 -

5 min read

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Investment Funds

Overseas scammers targeting Australian investors

Australia’s financial services regulator has warned people to avoid “scammers” connected to Luxembourg Offshore Banking, also known as LUXOSB Limited.

Nick Bendel

Nick Bendel -

30 Dec, 2018 -

2 min read

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Home Loans

How to switch and save in 2022

It’s important to use the best financial products and services for your personal situation. But since our personal situations have likely changed significantly over the past two years, how can you be confident that your previous choices are still up to date?

Mark Bristow

Mark Bristow -

06 Jan, 2022 -

8 min read

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