Savings goals getting harder to achieve

Australian households are maintaining their focus on increasing savings, with 82 per cent of respondents to a new survey saying they would use an increase in salary to reduce debt and add to savings. read more

Borrowing not on the CFO agenda

Australia's chief financial officers are preparing to expose their businesses to higher levels of risk in the year ahead, as they pursue growth opportunities. But not many will be increasing their bor.. read more

Cash rewards downgraded

Credit card issuers have downgraded the value of cash rewards over the past couple of years, while improving their merchandise and shopping voucher offers. read more

ThinkSmart outlines UK expansion plans

Point of sale finance specialist ThinkSmart has formed a partnership with a new retailer in the United Kingdom and has introduced a new finance product in that market, as it shifts its focus from Aust.. read more

EDR at risk from claims management industry

Australia's external dispute resolution system is in danger of being undermined by predatory "claims management" companies, the Financial Ombudsman Service has warned in its submission to the Financia.. read more

RMBS managed funds prove their worth

Three years after its launch, Firstmac's High Livez mortgage securities fund has A$35 million under management. That is not big, but Firstmac's chief financial officer James Austin believes that, thro.. read more

The RBA can't say why we are saving more

The cause of one of the most important changes in Australian household financial behaviour in recent times - the rise in savings levels - is not clear, according to Reserve Bank research. read more