Parents call for greater education to help children navigate cashless society, says MyState Bank

From

As Australia heads towards a digital world, Australian parents are concerned about the impact a cashless society would have on their children, with 67% believing the shift to digital will leave their children financially worse off, according to new research from MyState Bank. MyState Bank says a ‘cashless society’ refers to a society where cash […]

continue reading

Four in ten Aussies expecting to use credit to pay for their Christmas budget blowout

From

According to new research by consumer education website, CreditSmart, more than 40% of surveyed Australians said they would rely on credit to help them with their festive budget blowout this year. Asked whether they are likely to spend more than they budgeted for this year, 1 in 3 expect their additional expenses to be  less than […]

continue reading

Sky high trust and satisfaction rates from retirees in an advice relationship: New research

From

The positive impact of expert financial advice on the confidence of a person about to enter or in retirement must never be underestimated. In fact, more can be done to help educate and guide a greater proportion of non-advised Australians to receive the knowledge, confidence and satisfaction levels of those already in an advice partnership. […]

continue reading

Inequalities continue to hinder financial progress of Australian women

From

Australian women made further financial progress in the September quarter but continue to be held back by a 193-year wait for gender equality in unpaid work. The latest measure of women’s progress the Financy Women’s Index rose 0.6 points to 124.8 points in the September quarter, from a revised 124.2 points in June 2019. The […]

continue reading

Schroders Global Investor Study: Sustainable investment ambitions fail to reflect actions

From

The proportion of people who are investing sustainably is significantly lagging those who are interested and would like to invest, indicating that a gap exists between investors’ intentions and their tangible actions, according to the latest Schroders Global Investor Study 2019. The survey of over 25,000 investors across 32 locations around the world has found […]

continue reading

Helping one of your children with a home deposit

From

More parents are contemplating helping children enter the home market. Whilst the banks are starting to relax their lending criteria, with the now sky high prices of real estate in the major capital cities, the “Bank of Mum and Dad” is still very much in demand. But don’t just give them the money! There are […]

continue reading

New parents feel highest level of financial stress before baby arrives, AMP study shows

From

New research from AMP has revealed parents worry more about money in the lead up to having a baby than any other time. The results from the AMP’s Financial Wellness study revealed planning for a baby causes greater financial stress than having a child, with 71 per cent of those expecting a baby in the […]

continue reading

Financial advisers risk losing clients if they fail to demonstrate long term value of advice

From

Life insurance provider MetLife Australia has released a new report revealing a disconnect between perceptions of cost and value when it comes to insurance and financial advice. Now in its second year, the MetLife Adviser-Client Relationship Report 2019 is the largest quantitative study of its kind and includes insights from consumers and Small to Medium Enterprises (SMEs) […]

continue reading

The chance to resign – a poison chalice in dismissal claims

From

An employee who is offered the chance to resign by their employer should think long and hard as it may prevent any claim against the employer thereafter no matter how well-placed that claim would otherwise have been. MARGE:     The power plant called and said if you don’t come in tomorrow, don’t bother coming in […]

continue reading

Nine in 10 Aussie Dads just want priceless time with family this Father’s Day – not useless gifts

From

Gift givers should ditch cliché gifts like socks, wine and clothes this Father’s Day, with new research by MyState Bank revealing nine in 10 Aussie Dad’s put a family experience at the top of their wish list. The survey of 1,001 Australians commissioned by MyState Bank revealed that a huge 48% of Dad’s have received […]

continue reading