ASIC warns banks to not drop the ball on stressed borrowers

ASIC warns banks to not drop the ball on stressed borrowers

The corporate regulator will be putting financial hardship processes under the microscope as more Australians start to feel mortgage stress.

  • byEmma Koehn

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Jump in unemployment ‘final nail in the coffin’ for another rate rise

Jump in unemployment ‘final nail in the coffin’ for another rate rise

The Reserve Bank may have to abandon any plans for further interest rate increases after figures showed the largest monthly fall in jobs since the COVID-19 pandemic.

  • byShane Wright
NAB takes 1000 calls a day from worried customers as rate rises bite

NAB takes 1000 calls a day from worried customers as rate rises bite

More people are reaching out to their bank for aid due to the cost of living crisis.

  • byJohn Collett
Gemma and her husband work four jobs between them just to afford groceries

Gemma and her husband work four jobs between them just to afford groceries

Australians are increasingly working longer hours and taking second jobs to meet the rising cost-of-living pressures. Three women share their stories.

  • byDilvin Yasa
My EOFY expenses audit that could save you $10,288
Opinion
EOFY

My EOFY expenses audit that could save you $10,288

A new financial year is the perfect time to reboot for a better bottom line.

  • byNicole Pedersen-McKinnon
More Australians fall into energy debt,bills to rise again this weekend

More Australians fall into energy debt,bills to rise again this weekend

Soaring energy prices have driven another double-digit jump in the number of Australians with unpaid bills,just as prices are set to rise by up to a quarter.

  • byNick Toscano andMike Foley
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The bill squirrel:How smoothing your debts can soothe money stress
Opinion
Bills

The bill squirrel:How smoothing your debts can soothe money stress

By doing the bill “squirrel”,you can use your bill money to also save you loan interest,rather than big energy companies using it to ratchet up profits.

  • byNicole Pedersen-McKinnon
How to put your credit card debt on ice

How to put your credit card debt on ice

Are you still managing to clear your credit card in full each month? If you are,you’re one of the lucky ones.

  • byNicole Pedersen-McKinnon
‘Band-Aid on a bullet wound’:Credit card spend of $390b as cost of living hits

‘Band-Aid on a bullet wound’:Credit card spend of $390b as cost of living hits

Australian spending on credit cards is up almost 20 per cent in the year to April and there are signs some borrowers are finding it harder to repay.

  • byMatt Wade
What they don’t tell you about how the budget works

What they don’t tell you about how the budget works

We all have budgets,but the federal government’s budget ain’t like any other budget you’ve known.

  • byRoss Gittins
We just paid off our credit card. How do we avoid getting into debt again?

We just paid off our credit card. How do we avoid getting into debt again?

Staying out of debt and saving money can sometimes feel like an unattainable goal. It can be better to start off small.

  • byParidhi Jain