RBA chief contradicts government on growing inequality
Reserve Bank governor Philip Lowe has attempted to hose down talk of a hike in interest rates, saying Australia won't be blindly following central banks overseas.
Writes about personal finance for Fairfax Media, Sydney, Australia.
Reserve Bank governor Philip Lowe has attempted to hose down talk of a hike in interest rates, saying Australia won't be blindly following central banks overseas.
The banks have some of the best-performing super funds of all, at least for their employees.
In a first for an Australian bank, NAB-owned UBank has launched an artificial intelligence "chatbot" for home loans.
Angie Ellis, of 80 20 Investments, has moved into second from third place in week three of the four week shares race.
Westpac Bank is the first of the majors to increase interest rates on its fixed rate home loans and investment loans, but market watchers says it likely the other majors willย follow.ย
While record low interest rates are terrific for those with mortgages, for those living off their savings it's a different matter.
Nearly every budget since the introduction of compulsory superannuation in 1992 has included some tinkering of the superannuation rules.
John Collett investigates the government crackdown on "excessive" surcharges for credit card payments.
The chairman of the financial system inquiry, David Murray, is "very pleased" with the government's decision to immediately start work on a plan to dismantle the Fair Work Commission's role in overseeing how employers and unions negotiate employees' default superannuation fund.
Financial institutions lend to the fossil-fuel industry and insurers underwrite them.
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