A growing number of Australians are uprooting their lives in response to the cost-of-living crisis, seeking financial relief through relocation. Economic uncertainty has become a key factor in at least one third of relocations this year, highlighting a significant shift in priorities, according to national online removalist booking platform Muval. […]
economy
Australian households are at breaking point when it comes to finances, with a staggering 78% expressing extreme or significant stress about money. New research by leading comparison website Finder shows Australians are more stressed than they were at the onset of the pandemic, as stress levels have jumped from 68% […]
Generation Z is putting pressure on banks to improve their customer service. Finance experts say a shifting landscape in consumer expectations is slowly unfolding, particularly among younger Australians, who are becoming increasingly pivotal for financial institutions. It comes amid a barrage of complaints and growing media scrutiny over everything from […]
A growing number of Australians are turning to credit cards to navigate the challenges posed by escalating living costs, new research shows. At least 15% of Australians, equivalent to 3 million people, have resorted to obtaining a credit card in the past 12 months, according to data released by comparison […]
As 2023 draws to a close, an air of cautious optimism is prevailing on Wall Street regarding stock market prospects in the upcoming year. Despite lingering risks, ranging from elevated inflation levels to political turmoil, analysts predominantly anticipate the ascent of equities in 2024. What fuels this positive outlook is […]
Tesla Motors was once cruising comfortably in the fast lane as the world’s biggest electric vehicle manufacturer. But the road ahead is starting to look bumpy as CEO Elon Musk grapples with intensifying competition and operational challenges in China, the world’s largest EV market. Just a year ago, Tesla’s remarkable […]
The abrupt closure of My Forex Funds, a significant player in the world of proprietary trading, continues to send shockwaves throughout the industry. The Commodity Futures Trading Commission (CFTC) made headlines last month after initiating legal proceedings against Murtuza Kazmi and his affiliated entities, collectively operating under the name “My […]
