Archive for the ‘News’ category

Is the Government stealing Your Superannuation?

On the 5th of April 2013, the government announced that it would now take superannuation accounts with balances up to $2,500, if they were deemed “lost” from 31 May 2013. If and when you get around to claiming these funds, they will reward you by applying an interest rate equivalent to the Consumer Price Index

Mortgage Switch Calculator

The Australian Securities and Investments Commission (ASIC) have released a calculator that helps you compare your current home loan situation with taking out a new home loan.

Top 10 Ways to Screw the Big 4 Banks

The big 4 Australian banks despite other banks around the world doing it tough due to the GFC, are claiming the cost of wholesale borrowings are getting more expensive and they need to pass this on. According to the Federal Treasurer and the opposition shadow Treasurer this is not true.