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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

Avoiding Common Pitfalls: Mistakes to Watch Out for in Budgeting
Avoiding Common Pitfalls: Mistakes to Watch Out for in Budgeting
Today, we're diving into one of the most crucial aspects of personal finance: budgeting. Whether you're managing a household or planning for future goals, knowing how to budget effectively can be a game-changer. - read more
5 Smart Debt Consolidation Moves for a Financially Savvy Future
5 Smart Debt Consolidation Moves for a Financially Savvy Future
The landscape of personal finance is continuously evolving, and in Australia, this includes the manner in which debt is managed. In recent times, an increasing number of Australians have found themselves navigating the complex maze of personal debt, from credit cards to student loans, and grappling with the impact this has on their financial well-being. - read more
Expert Financial Tips on Consolidating Multiple Loans Effectively
Expert Financial Tips on Consolidating Multiple Loans Effectively
Loan consolidation is a financial strategy that involves combining multiple loans into a single, more manageable loan with a unified repayment plan. By consolidating loans, individuals can streamline their finances, potentially lower their interest rates, and reduce the burden of juggling multiple monthly payments. - read more