Low interest rates have intensified the search for higher income returns Noted in a recent article, Australian households are now holding record amounts of cash. Reserve Bank data shows the weighted average interest rate being paid on term deposit amounts up to $10,000 held in authorised deposit-taking institutions (ADI) such as banks and credit unions … Read more
Recently, there was an alert about the ASIC Moneysmart website being impersonated. It’s part of a growing – and increasingly sophisticated – trend of scammers targeting reputable, high traffic websites. These days, websites can be very easily set up and look quite professional without much effort, thanks to templates. So, whether you’re visiting the website … Read more
Get the right amount of home insurance and protect yourself from costly surprises. When disaster strikes, the last thing you want to discover is that your insurance doesn’t stretch far enough. Underinsurance is very common in Australia and most people don’t know they are underinsured. And it can leave you significantly out of pocket when … Read more
