The financial regulator has put firms on notice after it found some were using unlicensed marketers trying to convince customers to switch or review their super.

#australia

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Why younger homebuyers risk being locked in mortgage prison

Business & Economy

6d ago

Why younger homebuyers risk being locked in mortgage prison

There’s a generational gap between those who can switch banks to get a better home-loan deal, and those who cannot.

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‘Heist’ merchants or white knights? The private equity firm that owned David Jones

Business & Economy

6d ago

‘Heist’ merchants or white knights? The private equity firm that owned David Jones

Anchorage Capital Partners has owned more than 20 companies, with none more controversial than its tenure at Dick Smith Electronics.

#heist #anchorage #dick

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Three times the rebate and way above inflation: the medical specialties with sky-high fees

Business & Economy

6d ago

Three times the rebate and way above inflation: the medical specialties with sky-high fees

The most expensive psychiatrists are asking almost $700 out of pocket for an initial visit – and they should be stripped of federal funding, according to a leading think tank.

#inflation

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Crypto’s Trump-fuelled Washington boom comes to an abrupt halt

Business & Economy

6d ago

Crypto’s Trump-fuelled Washington boom comes to an abrupt halt

With Democrats set to control Congress following their midterm sweep, crypto faces the prospect of tougher rules and closer scrutiny.

#trump #washington #democrats

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House prices wouldn’t be falling so fast if Albanese was a man of his word

Business & Economy

1w ago

House prices wouldn’t be falling so fast if Albanese was a man of his word

Imagine how a first-time buyer who bought into the 5 per cent deposit scheme feels owing 95 per cent on an asset that’s losing value thanks to the backflip on negative gearing.

#albanese

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Worried you can’t afford aged care? Here’s what you could pay

Business & Economy

1w ago

Worried you can’t afford aged care? Here’s what you could pay

Australia’s aged care system is unreasonably complex, with myriad ways to pay and various fees to keep track of.

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Super funds are finally overhauling retirement. Here’s what’s changing

Business & Economy

1w ago

Super funds are finally overhauling retirement. Here’s what’s changing

Two million people are heading towards some of the biggest financial decisions of their lives, often with a blindfold on. But that’s slowly starting to change.

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Behind closed doors: Inside the $5 million meeting that sealed the downfall of David Jones

Business & Economy

1w ago

Behind closed doors: Inside the $5 million meeting that sealed the downfall of David Jones

The ugly, inglorious end to the 188-year-old luxury department store came down to $5 million in unpaid rent.

#jones #westfield

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Lone wolf: Trump is capable of anything after being embarrassed

Business & Economy

1w ago

Lone wolf: Trump is capable of anything after being embarrassed

A conversation I had with the future president two decades ago gives us an inkling of what could be ahead.

#trump

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