How an abandoned water park became a lightning rod for the Canberra community
If you grew up in Canberra, you might have fond memories of the capital’s only outdoor water park,…
Macquarie: Australia removed rats, mice and rabbits from Macquarie Island after nearly 200 years, and seabirds and native vegetation are now recovering | World News
Representative Image of the recovery of Macquarie Island’s wildlife and seabird populations (AI-generated image) Macquarie Island, a windswept…
‘Hidden’ harm as ASIC finds mortgage borrowers miss out on millions in offset savings
Millions of Australians use mortgage offset accounts to reduce interest costs on their home loans, but the corporate…
‘Un-Australian’: Barefoot Investor takes aim as hugely popular new bank launches
Excitement is growing after a hugely popular bank used by 75 million people was granted a banking license…
Investors consider class action against super trustees after First Guardian and Shield collapses
Natasha Langby feels she has nothing left to lose. The 55-year-old says she pumped tens of thousands of…
Major banks lift interest rates after Reserve Bank announces cash rate rise for third consecutive time
Australia’s big four banks have all lifted interest rates following the RBA’s decision to increase the national cash…
ANZ follows Commonwealth Bank, Macquarie in tightening screws on trust home loan lending: ‘Continuously review’
ANZ has tightened trust lending to existing customers, with stricter ownership, guarantee and LVR requirements. (Source: AAP/Getty) ANZ…
Shield and First Guardian raise the question, who pays when super funds collapse?
Thousands of First Guardian investors were dealt another devastating blow in December when it was revealed just $1.6…
Netwealth strikes ASIC deal to compensate First Guardian investors
Financial services company Netwealth has agreed to pay more than $100 million to more than 1,000 clients who…
Commonwealth Bank introduces new lending rule amid growing concern for Australian property
Commonwealth Bank has followed Macquarie by showing caution when it comes to lending through trusts. (Source: Getty/AFP) ·…
First Guardian super trustee Diversa ‘ticked off’ investments, says former financial adviser Ferras Merhi
A former financial adviser involved in placing thousands of clients into the since-collapsed First Guardian Master Fund says…
As Australia’s retirement savings grow into world’s second biggest, government to review consumer protections
Australia’s $4.3 trillion superannuation sector is on track to become the world’s second-largest retirement savings pool by 2031.…