Josh Frydenberg will unveil the Federal Budget, his first as treasurer, in Canberra tonight. With all eyes on Prime Minister Scott Morrison as he prepares to announce the date of the next federal election, tonight’s Budget is an important step in the Coalition’s bid for re-election.
Westpac will pay its interim dividend nine days earlier on June 24 in a strategy that appears to be designed to get around Labor’s promised changes to the franking tax policy.
You need to own the banks and mining companies, wisdom has it. But do these two cornerstornes of a typical portfolio still deserve their place?
The RBA has looked past the housing downturn which has gathered some momentum over the past three months, to hold the cash rate firm at their first meeting this year.
Ever since financial deregulation in the 1980s we’ve had a finance industry scandal followed by an inquiry, a quick fix and a declaration that it shouldn’t happen again. Commissioner Hayne’s final report hasn’t gone far enough to end this cycle.
The Hayne royal commission has called for new powers for regulators to clean up the financial services sector, as the final report is handed down.
New regulations designed to help stop Australians from getting stuck with problematic credit card debt kicked in on January 1. Find out how they affect you.
When life throws up financial challenges such as maternity leave, a career break, or illness, you can ask your lender to hit pause on your mortgage repayments. Here’s what you need to know.