For the first time in its 124-year history, Treasury will be led by a woman. Jenny Wilkinson’s appointment is historic in its own right. Even more remarkable is the fact she joins Michele Bullock at the Reserve Bank and Danielle Wood at the Productivity Commission. Australia’s three most powerful economic institutions […]
Finance
Millions of Australians are overspending to keep up appearances, often beyond what they can afford, according to new research by comparison website Finder. Social pressure, made worse by social media, is causing many to face serious financial problems. A survey of 1,062 people revealed that 30% – or 6.3 million […]
Millions of Australians have less than a grand to their name and about 3 in 4 say they are stressed with their current financial situation. A recent study conducted by the comparison website Finder has unveiled concerning statistics about the financial situation of Aussies, shedding light on a stark contrast […]
A growing number of young Australians are turning to social media creators for financial guidance. About 30% of Australians, equivalent to 6 million people, now seek advice on spending, saving, and investing from online personalities, according to new research by comparison site Finder. Notably, it’s the younger demographics that are most […]
Financial stress is a pressing concern for nearly 12 million Australians, according to a recent survey conducted by the comparison website Finder.com.au. The study underscores the profound impact of money pressures on individuals’ overall well-being and quality of life, with younger demographics particularly affected. The survey revealed alarming statistics, with […]
A staggering two-thirds of Australian women (69%) find themselves grappling with financial stress, in stark contrast to 49% of men, highlighting ongoing economic inequality. An International Women’s Day Report by comparison website Finder delves deep into the chasm separating men and women in terms of financial stability. It found over […]
A growing number of Australians are struggling to make credit card repayments amid the cost-of-living crisis. An estimated 1.8 million people, equivalent to 13% of all credit card holders, have encountered difficulties in meeting their repayment obligations over the past three months, according to comparison website Finder. Of this group, […]
Australians are losing billions of dollars by sticking with their current credit card providers. The average credit card holder carrying a balance could save more than $200 by making the switch, with potential nationwide savings estimated at $1.3 billion. New research by comparison website Finder shows that of the more […]
Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates are joining the BRICS alliance, according to South Africa’s Foreign Minister, Naledi Pandor. This decision follows their invitations, along with Argentina, at a summit held in Johannesburg last August, where they were invited to join existing members, namely Brazil, Russia, […]
Dow Jones, a global leader in news and business information, has unveiled its latest innovation, the Risk & Compliance Financial Instruments. The new venture is poised to elevate and streamline pre- and post-trade investment screening in response to the escalating complexity of the regulatory landscape. The financial services industry faces […]
