Super savings: The cost of opting out of default life insurance

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Canstar has released 2018 Superannuation Star Ratings research, identifying 7 super funds for offering outstanding value to Australians. Australia’s biggest financial comparison website*, Canstar has released its 2018 Superannuation Star Ratings research, highlighting the super funds offering Aussies outstanding value and investigating the impact that default life insurance cover could make to Aussies’ retirement balances. […]

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Number of margin lending approved stocks creeping closer to pre-GFC levels

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Post-GFC, margin loans have been out of favour with many investors. From a peak of 248,000 margin lending client accounts in December 2007, the most recent Reserve Bank of Australia (RBA) statistics indicate that client numbers are now back to mid-2006 numbers, with approximately 170,000 client accounts in existence. Behaviour by our financial institutions, though, […]

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CANSTAR issues rate movements and commentary ahead of Tuesday’s RBA announcement

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Commenting ahead of the RBA announcement, Mitchell Watson, Research Manager for CANSTAR said: “Last week Reserve Bank Governor Glenn Stevens gave a speech in which he called the end to the investment growth phase of the mining boom. He stated that there is no natural successor to that growth at the moment and monetary policy […]

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High income families could be in for $1000+ rebate shock at tax time

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As the financial year during draws to a close, financial research group CANSTAR warns that some high income families could be in for a nasty tax bill if they have not manually reduced the private health insurance tax offset that they are claiming.  “This is the first financial year in which the Government’s private health […]

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