In June this year, there was a general announcement that there would be fairly significant reforms to all credit cards. What ensued was an uncertain and garbled series of explanations about what it meant for credit card holders and most of us not in the financial...
A big four bank almost overhauled its broker remuneration model so that the cost of mortgage broking services would be transferred to the customer, the royal commission heard. Here’s how to prevent that from happening. The Royal Commission recently revealed that...
Every Christmas almost half of the Australian population decides to go swimming in credit card debt to get through the festive season. But there’s two big reasons why you shouldn’t do that this year. Bad news: new data from St George bank shows that 46% of...
Borrowers who don’t shop around due to the banks’ unclear pricing tactics are losing out on an average of $850 a year, an ACCC report has found. Get a load of this: there’s this tactic that the big four banks (ANZ, CBA, NAB and Westpac) use that...
Last year we did our first predictions blog and it was mostly correct. So, we thought we’d give our dear Founder and Director Barry another crack at looking into his crystal ball to see if he could be right for the second year in a row (this is not to be used forever...