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Last Updated: Thursday, 14th May, 8:25AM
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Last Updated: Thursday, 14th May, 8:25AM
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Last Updated: Thursday, 14th May, 5:25AM
| USD | $ | 0.7257 | United States Dollars |
| GBP | £ | 0.5368 | British Pounds |
| EUR | € | 0.6197 | European Union Euros |
| JPY | ¥ | 114.5607 | Japanese Yen |
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| ANZ Bank Elevates Fixed Mortgage Rates Beyond 6% Wed, 13 May: ANZ Bank has recently increased its fixed mortgage rates by up to 0.40 percentage points, marking the second hike in less than three weeks. This adjustment elevates all of ANZ's fixed rates above the 6% threshold, with the lowest now at 6.34% for a one-year term. - read more
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| Westpac Elevates Fixed Mortgage Rates Beyond 6% Wed, 13 May: Westpac has recently increased its fixed mortgage rates by up to 0.45 percentage points, joining other major banks in raising rates above the 6% mark. The lowest fixed rate now stands at 6.14% for a two-year term. - read more
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| Federal Budget 2026-27: What Australians Need to Know Wed, 13 May: The Australian Federal Budget for 2026-27, announced on 12 May 2026, introduces several significant changes that will impact the financial landscape for many Australians. Key highlights include: - read more
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| ASIC Calls on Insurers to Enhance Cyber Resilience in Response to AI-Driven Threats Wed, 13 May: The Australian Securities and Investments Commission (ASIC) has issued a stark warning to the insurance industry, emphasising the need for immediate action to strengthen cyber resilience in light of evolving artificial intelligence (AI) threats. In a recent open letter addressed to all Australian Financial Services (AFS) licensees, ASIC Commissioner Simone Constant highlighted that the advent of advanced AI technologies has fundamentally altered the cyber threat landscape, necessitating a proactive and disciplined response from insurers and brokers. - read more
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| How Refinancing Your Mortgage Can Transform Your Lifestyle If you're an Australian homeowner, you've probably noticed discussions about refinancing becoming more frequent. Recent trends in interest rates have led many to explore this financial strategy. So, what exactly is refinancing, and why is it such a hot topic right now? - read more
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| The Pros and Cons of Refinancing When Interest Rates Are Climbing Refinancing your home mortgage loan has become a significant conversation topic lately, especially with the current fluctuations in interest rates across Australia. For many homeowners, these discussions come in the context of rising interest rates, which can substantially affect monthly repayments. - read more
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| Share Market Basics: General Information on Shares, Dividends and Market Risks The share market, commonly known as the stock market, is a marketplace where shares of publicly listed companies are bought and sold. It can support the economy by helping companies raise capital and by allowing investors to buy and sell ownership interests in listed companies. - read more
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| A General Guide to How Investing Works Welcome to our general guide on how investing works! Whether you're just starting to think about investing or looking to refine your approach, understanding the basics can help improve financial literacy and support more informed decision-making. Let's unravel the essentials of investing to help you better understand common investing concepts. - read more
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