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Finance News

ASIC Releases Updated Legislation for Financial Advice
ASIC Releases Updated Legislation for Financial Advice
16 Sep 2025: Paige Estritori
The Australian Securities and Investments Commission (ASIC) has introduced a new, consolidated legislative instrument that relates to financial advice. This update follows through on ASIC's May announcement regarding the remake of three existing advice-related instruments. - read more
Commonwealth Bank Challenges RBA's Card Fee Reform
Commonwealth Bank Challenges RBA's Card Fee Reform
12 Sep 2025: Paige Estritori
Australia’s leading financial institution, the Commonwealth Bank of Australia, has openly criticised the Reserve Bank of Australia (RBA) for its calculations related to a proposed reduction in debit and credit card transaction fees. The RBA suggested that the reform would save Australian businesses $1.2 billion annually and benefit the majority of companies, a claim that the Commonwealth Bank strongly disputes. - read more
Ongoing Consumer Spending Surge Threatens Future Interest Rate Cuts
Ongoing Consumer Spending Surge Threatens Future Interest Rate Cuts
11 Sep 2025: Paige Estritori
Amid a period of robust consumer spending, Australia's mortgage holders may face limited future interest-rate cuts. The Commonwealth Bank has observed Australians increasing their spending over the last six months, spurred by rising incomes, a robust job market, and previously lowered interest rates. - read more
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Finance Articles

Understanding Loan Rejection: Why It Happens and What You Can Do
Understanding Loan Rejection: Why It Happens and What You Can Do
We've all felt the sting of rejection at one point or another, and being turned down for a loan can be particularly disheartening. It's a setback that many face, but it's not the end of the road. Understanding why your loan application was rejected is the first step towards improving your financial standing and securing future funding. - read more
Top Credit Repair Strategies: How to Overcome Bad Credit in Australia
Top Credit Repair Strategies: How to Overcome Bad Credit in Australia
Understanding the concept of creditworthiness is essential, especially when considering the various financial decisions you make in life. In Australia, a good credit score can open doors to competitive loan rates, favorable mortgage terms, and hassle-free approvals for financing. Conversely, bad credit can be a significant roadblock, impacting your financial well-being and limiting your access to financial resources when you need them most. - read more
How to Decide Between Fixed and Variable Rates for Your Personal Loan
How to Decide Between Fixed and Variable Rates for Your Personal Loan
Personal loans in Australia are a popular financial tool for managing various expenses, from consolidating debt to funding major purchases or covering emergency costs. - read more