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Finance News

Australian Share Market Suffers $120 Billion Loss Amid Middle East Unrest
Australian Share Market Suffers $120 Billion Loss Amid Middle East Unrest
14 Mar 2026: Paige Estritori
Recent developments in the Middle East have had a profound impact on global financial markets, with Australia's share market experiencing significant losses. Over the past week, the S&P/ASX200 index declined by 1%, resulting in a $120 billion reduction in market capitalisation. This downturn marks the most substantial weekly loss since April 2025. - read more
Firstmac Sets New Benchmark with $2.5 Billion RMBS Issuance
Firstmac Sets New Benchmark with $2.5 Billion RMBS Issuance
14 Mar 2026: Paige Estritori
In a significant development for Australia's financial sector, non-bank lender Firstmac has successfully completed a $2.5 billion Residential Mortgage-Backed Securities (RMBS) issue, marking the largest of its kind in the country. This achievement underscores the robust investor confidence in Firstmac's lending practices and the broader non-bank lending sector. - read more
AFIA Unveils Financial Safety Alliance to Tackle Financial Abuse
AFIA Unveils Financial Safety Alliance to Tackle Financial Abuse
14 Mar 2026: Paige Estritori
The Australian Finance Industry Association (AFIA) has announced the formation of the Financial Safety Alliance, a collaborative initiative aimed at preventing financial abuse across the nation. This alliance brings together banks, lenders, and financial safety experts to develop and implement strategies that protect consumers from financial exploitation. - read more

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
Finding Financial Harmony: Balancing Your Debts and Savings Effectively
Finding Financial Harmony: Balancing Your Debts and Savings Effectively
Financial harmony involves the smooth and balanced management of personal finances, where debts and savings are optimally aligned to achieve financial stability and peace of mind. - read more
Debt-to-Income Ratio: Fine-tuning Your Finances for Loan Approval
Debt-to-Income Ratio: Fine-tuning Your Finances for Loan Approval
When you embark on the journey of securing a loan, one pivotal factor that looms large in the eyes of lenders is your debt-to-income ratio, commonly known as DTI. This crucial metric measures the chunk of your monthly income that goes towards paying debts, and it serves as a barometer for financial stability. A lower DTI can swing the doors wide open to favorable loan terms, while a higher one might signal red flags for potential lenders. - read more