Age Pension

Can Centrelink check your bank records?

Jenny claims Centrelink has been checking her bank statements to cancel her Disability Support Pension.

Finance News

House price surge sees first home buyers turn to Bank of Mum and Dad

Mortgage broker Ryan O'Keefe says the number of first home buyer clients on his books getting help from their parents has almost doubled in the last three years.

Finance News

Big four banks dragged to court over credit 'rort'

The Australian Securities and Investments Commission (ASIC) is taking Westpac to court.

Age Pension

Dwindling cash deposit returns wipe out benefits of pension increase

The 20 March Age Pension increase for millions of older Australians means little compared to the loss of income typically earnt from cash deposits.


House prices tipped to jump 16 per cent over next two years

Boom feeding off risky policies and the fear of missing out, analysts say.

Banking & Investment

Are banks going to get a green light to act irresponsibly?

There's a bill before the Senate that would make it easier for banks to lend irresponsibly.

Banking & Investment

Why first-time traders are a threat to your retirement savings

The large number of first-time investors in Australia has implications for the Australian stock market – and on the retirement savings of older Australians.

Banking & Investment

Customers shut out as bank branches close

The needs of some bank customers appear to be being neglected as the big banks shut up shop and move more of their business online.…

Banking & Investment

The Reserve Bank might yet take interest rates negative

Few expected the RBA to adjust its cash rate on Tuesday, and for good reason.

Banking & Investment

Banking recommendations fall victim to credit-fuelled COVID recovery

Fewer than half of the recommendations made by commissioner Kenneth Hayne have been implemented two years after the delivery of his final report.

Banking & Investment

Things to know before buying an investment property

Buying an investment property can be risky, but rewarding, so long as you do not rush the process and consider some important steps before committing.

Retirement Income

Angry retirees send thousands of letters to Reserve Bank boss

Enough is enough, say retirees, who have swamped the RBA boss with thousands of letters and emails expressing their concerns about the cash rate staying so low for so long.

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