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Last Updated: Monday, 16th June, 2:25PM
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![]() | No Refund Policy Upheld in Camper Tent Dispute Mon, 16 Jun: The Australian Financial Complaints Authority (AFCA) has supported Open Insurance's decision to deny a refund to a customer who cancelled his motor policy after being informed that his new rooftop tent installation would breach policy guidelines. The policyholder was advised that any modifications, including a 'slip on camper/tent or camper conversion,' would void coverage, prompting him to cancel his insurance in March. - read more
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![]() | Acenda Secures Four Key Wins at Life Insurance Excellence Awards Mon, 16 Jun: In a triumphant moment for Australian life insurer Acenda, the company secured top honours in four of the ten categories at the Australian Life Underwriting and Claims Association (ALUCA) Life Insurance Excellence Awards. Formerly known as MLC Life Insurance, Acenda emerged as a finalist in nine categories, ultimately winning the Leadership Award, Claims Team Award, Customer Service Team Award, and Partnership Impact Team Award. - read more
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![]() | Sydney Property Market Rebounds with Strong Auction Performance Mon, 16 Jun: The Sydney property market showed signs of revival as the latest auction results indicated a resurgence in buyer enthusiasm. Last weekend, the city recorded a preliminary auction clearance rate of 70.5%, marking a notable rebound from the previous week's low of 58.1%. The recent performance also represents Sydney's first clearance rate above 70% in three weeks and only the second instance in the past thirteen weeks. - read more
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![]() | Impact of Superannuation Increase on Australians’ Retirement Savings Fri, 13 Jun: A significant enhancement to superannuation accounts awaits Australians as they gear up for a vital change. This development will have a considerable influence on retirement accounts, surpassing the expectations of many. Commencing July 1, alterations to the Superannuation Guarantee will obligate employers to elevate their contributions to 12 per cent of an employee’s ordinary time earnings, up from the existing 11.5 per cent. - read more
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![]() | How to Save for Your First Home: Tips for Young Australians If you're looking to buy your first home, starting to save early is one of the smartest financial moves you can make. By beginning to save when you're young, you give yourself a head start in accumulating the necessary funds to make a deposit on a house. This proactive approach has numerous benefits that extend beyond just having more money in the bank. - read more
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![]() | Your Guide to Understanding Different Small Business Loan Options In the bustling world of entrepreneurship, small business loans often act as the backbone that supports growth and sustainability. Understanding the array of loan options available is imperative for business owners in Australia, ensuring that they can make informed decisions that align with their objectives. - read more
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![]() | Can I Get a Jet Ski Loan With Poor Credit? If you’re looking to finance a new or used jet ski, you may be wondering if it’s possible to get a loan with bad credit. The short answer is yes – and it may be easier than you think, but there are a few things you need to know before you start the process of applying for a loan. - read more
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![]() | Top 5 Financial Tips for Australian Young Families Starting a family is one of life's most rewarding experiences, but it also comes with a unique set of financial challenges. For young families in Australia, where the cost of living can rise quickly, having a solid financial plan is crucial. Financial planning is not just about managing money; it's about creating a sense of security and peace of mind for your loved ones. - read more
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