Download IPFS Amid rising living costs and competitive lending conditions, borrowers are increasingly turning to refinancing options, drawn by enticing cashback offers and loyalty rewards from lenders. As the financial landscape evolves, more borrowers in the United Kingdom are refinancing not just for better interest rates, but for the added[Read More…]

Download IPFS The owners of KNDS, the European defense group best known for producing the Leopard battle tank, are reportedly exploring strategic options to capitalize on growing global interest in the defense sector. These options include a possible initial public offering (IPO) or the sale of a partial stake in[Read More…]

Download IPFS Netflix and Meta Platforms are emerging as potential leaders of the next tech rally, as investor sentiment improves and attention shifts to growth-driven names beyond artificial intelligence. Analysts point to strong fundamentals and strategic moves by both companies as signals of renewed tech sector momentum. Netflix and Meta[Read More…]

Download IPFS The Australian Securities Exchange (ASX) surged to a new record high on Tuesday, capping off a day marked by both market confidence and key policy developments. Among the major headlines was a Reserve Bank of Australia (RBA) proposal to scrap credit and debit card surcharges, a move that[Read More…]

Download IPFS Northern Trust Corporation (NASDAQ: NTRS) is deepening its involvement in digital finance innovation through its participation in Project Acacia, a forward-looking initiative designed to explore how tokenised assets can be seamlessly integrated with existing financial systems. The project marks a significant step for Australia’s ambitions in advancing digital[Read More…]

Download IPFS New figures reveal a stark increase in household debt among Australian homeowners over the past decade, raising deep concerns about financial stability and future economic growth. The surge in mortgage repayments, coupled with a decline in new loan activity, points to a population increasingly burdened by cost-of-living pressures[Read More…]

Download IPFS The growing trend of “mini-retirements” career breaks taken every few years instead of waiting for traditional retirement is raising red flags among financial experts, who warn the practice could leave younger Australians tens of thousands of dollars worse off in retirement. With Gen Z and Millennials leading the[Read More…]

Download IPFS The Reserve Bank of Australia (RBA) has unveiled radical plans to eliminate card surcharges and cut payment processing fees, potentially saving Australians $2.4 billion annually. In a landmark consultation paper released today, the central bank proposes banning surcharges on debit and credit card transactions while slashing interchange fees[Read More…]

Download IPFS The Australian sharemarket surged to a historic high on Tuesday, with the benchmark ASX200 climbing 0.7% to close at 8630.3 points, eclipsing its previous July 4 record. The rally was fueled by strong performances in technology and healthcare stocks, mirroring overnight gains on Wall Street. Ten of eleven[Read More…]

Two former employees of the Australian Taxation Office have been sentenced in connection with one of the country’s largest public sector fraud investigations, marking a major step in a long-running legal probe.Two former employees of the Australian Taxation Office (ATO) have been sentenced for their involvement in a large-scale fraud[Read More…]