Finance

ESSSuper, UniSuper among best-performing Australian super funds as top 10 for 2022-23 revealed

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Australia’s top-performing balanced superannuation funds for the last financial year have been revealed, according to new research. Members in six of the best-performing funds achieved double-digit returns in the year to June 30, research house SuperRatings says. WATCH THE VIDEO ABOVE: Nine commonly overlooked tax deductions. The consultancy firm named ESSSuper, Vision Super and Brighter … Read more

Not cancelling a free trial, phone data blowouts among money mistakes costing Aussies hundreds every year

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Millions of Australians are making easy financial slip-ups costing them hundreds of dollars each year, according to new research revealing the most common money mistakes. About two in five people, equivalent to 8.3 million Australians, are guilty of making a financial error in the last 12 months, comparison site Finder has revealed. WATCH THE VIDEO … Read more

NAB cracks down on cryptocurrency transactions

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National Australia Bank says it will be blocking transactions to some cryptocurrency exchanges as part of its strategy to reduce financial crime. A NAB spokesperson said it would not comment on how it deemed what exchanges were “high-risk”. But they said the blocks were introduced “where we identify a high proportion of payments going towards … Read more

Cash no longer available over the counter at some Commonwealth Bank branches in Sydney, Melbourne and Brisbane

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Cash is no longer available over the counter at a number of Commonwealth Bank locations across the country, where new Specialist Centres are now focussed on “more complex banking needs”. Customers can withdraw or deposit cash at on-site ATMs instead. WATCH THE VIDEO ABOVE: Commonwealth Bank makes major change to over-the-counter cash withdrawals. The Specialist … Read more

Popular Australian protein ball company Bounce Foods enters voluntary administration

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Popular Australian protein bar company Bounce Foods has entered voluntary administration. Known for their range of “protein balls”, the company was founded in 2004 and was one of the first Australian companies to specialise in high-protein snacks. However, documents published by the Australian Securities and Investments Commission (ASIC) last Friday revealed Natural High Co Pty … Read more

National unemployment rate hangs on at 3.5 per cent, fuelling fears Reserve Bank will keep hiking interest rates

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The resilience of the jobs market continues to beat expectations and keep pressure on the Reserve Bank to lift interest rates even further. The official labour force data showed the unemployment rate hanging on at 3.5 per cent in June, after the May result was revised down. WATCH VIDEO ABOVE: Latest job figures could mean … Read more

Bad news for alcohol drinkers as tax on spirits set to rise

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Drinkers are facing another hike in the cost of liquor, with Australia’s tax on spirits set to tip over the $100 per litre mark for the first time. Already paying some of the highest taxes on spirits in the world, Australians are being warned to expect further cost increases. WATCH VIDEO ABOVE: Bad news for … Read more

Lucid Aims To Debut $50k Competitors For Tesla Model 3, Model Y

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Last month American startup Lucid debuted the Gravity, its first entry in the hotly contested three-row SUV segment and an important model for the brand that currently only builds the Air luxury sedan. Speaking with Autocar in a new interview, Lucid CEO Peter Rawlinson says the company’s next focus is on two mainstream models that will … Read more

More people using Buy Now Pay Later services for essentials including food and petrol

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More people are being forced to use buy now pay later services to pay for basics such as food and petrol, as the cost of living and inflation continue to rise. A new survey of financial counsellors found more than 80 per cent said clients were using buy now pay later for general retail. However, … Read more

‘Ripped off’: The devastation left among Aussie venues after the Karen’s Diner’s collapse

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“Don’t get me started on Karen’s Diner … Karen’s Diner behaved like total Karens.” Andy Pobjoy, one of the owners of Piano Bar Geelong, has bitten his tongue until now about his experience working with Karen’s Diner. WATCH THE VIDEO ABOVE: Karen’s Diner closes three stores. Pobjoy is just one of the people involved in … Read more