Banking
Banks stronger now than in GFC: RBA
The financial sector is stronger than during the global financial crisis, making it less likely markets will again suffer the severe shock that sent the world into an economic meltdown. Senior Reserve Bank of Australia official Jonathan Kearns says reforms introduced...[Read More]
RBA admits rates forward guidance faults
The central bank is unlikely to attach dates to future interest rate movement forecasts after the backlash sparked by its cash rate predictions during the COVID-19 pandemic. As part of a review of its more prescriptive “forward guidance” measures adopted during the...[Read More]
Online banking booms as cash use declines
Dominic Giannini (Australian Associated Press) Bank branches are becoming a thing of the past with more than four in five Australians preferring to pay bills and transfer money online. Shoppers are also preferencing online banking and digital wallets on their...[Read More]
Saving for a for a rainy day
Money and Life (Financial Planning Association of Australia) Having access to savings can be vital when an emergency strikes. But making the most of your savings by earning interest can also help you get ahead financially. Discover ways to help your savings grow...[Read More]
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You may be reading this because your business produces and distributes a newsletter in PDF format. So you are possibly quite proud of how nice it looks when you print it out. You also may trade-off the ‘ease’ of uploading it to your website or...[Read More]
Home design in an online world
(Your LoanHub) If you want to look inside perfectly-designed homes, there are more and more ways to than ever before, many delivered directly to your phone or social feed. But – from blogs and newsletters to Pinterest – when does inspiration become...[Read More]
What you need to know if you deferred your loan repayments due to COVID-19
Money and Life (Financial Planning Association of Australia) If you’re one of 900,000 Aussies who deferred their home or business loan due to COVID-19, you could be getting a call from your bank in the next few weeks. Here’s our guide to your options. With the...[Read More]
Now you own your data: the new world of ‘open banking’ explained
(Your LoanHub) The promise of open banking is big; a new, simpler way to share your personal financial data between banks, lenders and financial companies. It started on July 1. Here’s how it works and what it means to take back control of your data to get...[Read More]
Small to medium businesses get loan access
Matt Coughlan (Australian Associated Press) Small to medium-sized businesses will be able to access government-guaranteed loans worth up to $1 million under a plan to drive investment. Raising the cap from $250,000 to $1 million could benefit up to 3.5 million...[Read More]
Retail spending climbs 2.4 pct in June
Derek Rose (Australian Associated Press) Retail sales in Australia rose a solid 2.4 per cent in June, as people flocked to reopened cafes and restaurants and spent more on clothing in the first full month of trade since the lockdowns ended. Turnover for the...[Read More]
3 reasons why PDF newsletters are evil
You may be reading this because your business produces and distributes a newsletter in PDF format. So you are possibly quite proud of how nice it looks when you print it out. You also may trade-off the ‘ease’ of uploading it to your website or...[Read More]
Tax office investigates online problems
Paul Osborne (Australian Associated Press) The Australian Tax Office says it is investigating problems with its online systems after a flood of people seeking to lodge tax returns or apply for an early release of superannuation. Social media has been abuzz at...[Read More]