The way banks calculate interest means that Australian borrowers who sign up to pay 5.95% per annum pay something closer to 6.11%.
Far from the idea of “trickle-down economics”, a map illustrates how the waterworks of the financial system are parching certain sections of the real economy and producing vast inequality.
It’s not easy talking to kids about the cost-of-living crunch. Many fear landing their kids with a lifelong ‘scarcity mindset’, where a person is cursed with a feeling spending money is always wrong.
Barely 2% of Australians or Americans use Bitcoin for its intended purpose: to buy things. Should we even call it a cryptocurrency?
A new study by the Retirement Commission has identified the different personality characteristics that influence how we manage our money – you can test your own with their online quiz.
Superannuation funds keep merging, on the basis that bigger is better for members. But our research suggests this isn’t necessarily true.
It can be argued universities also have a moral obligation to educate students about how course fees are charged and then repaid when they start working.
Under a normal lease, you enter an agreement with a leasing company. A novated lease includes another party in the agreement – your employer.
A viral TikTok video claims to reveal a banking hack so you’ll “pay a big fat zero in interest”. Sadly, it’s not true. But extra payments now can save you thousands, as a finance expert explains.
If you’re considering putting more money into your super, and want to know more about how the whole system works, here are the basics.
Even in the best of times, managing your finances is hard. We’re told to make sure we are financially literate but what does that mean in practice? Here are seven signs you’ve got the basics.
Trauma insurance provides a benefit for life-threatening medical conditions that seriously compromise the insured person’s current and future quality of life.
Getting good advice can pay for itself many times over. But how do you find it? And what questions should you ask before signing up with a financial adviser?
Activist short selling is certainly controversial. But it’s not necessarily illegal nor unethical.
Parents and caregivers are the greatest influence on children’s financial socialisation.
People often (wrongly) believe income protection insurance would be paid out if the person was unable to work due to losing their job for any reason.
Cryptocurrency exchanges like FTX aren’t safe. Here’s what every crypto investor needs to know.
Unemployed Australians who accessed their super during COVID stayed on benefits seven weeks longer than similarly-placed recipients who did not.
The sneaky strategy of reducing pack sizes shows the strength of consumers’ cognitive bias towards focusing on price, no matter what.
A study of how schools deliver financial literacy education has identified better ways to help students master the basics they all need to know for real-life financial situations.