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Finance Articles

Step-by-Step Guide to Navigating the Loan Application Process
Step-by-Step Guide to Navigating the Loan Application Process
Welcome to our step-by-step guide to navigating the loan application process! Whether you're seeking a home loan, personal loan, or business loan, the journey can seem overwhelming. - read more
Mastering Money: Strategies to Boost Your Financial Health
Mastering Money: Strategies to Boost Your Financial Health
Financial health is a crucial aspect of overall well-being, particularly in the ever-evolving economic landscape of Australia. The capacity to manage personal finances effectively not only provides a sense of security but also opens doors to opportunities that might otherwise be out of reach. As such, mastering the art of money management is an indispensable skill for Australians from all walks of life. - read more
Fueling Your Startup Success: Navigate Business Finance
Fueling Your Startup Success: Navigate Business Finance
Launching a startup is an exhilarating journey, filled with the promise of innovation, independence, and growth. However, it also comes with its share of challenges. From planning and execution to funding and scaling, each step requires careful consideration and decisive action. For many aspiring entrepreneurs in Australia, securing the necessary capital is one of the greatest hurdles they face on the path to success. - read more
Loan Management Tips for Australian Freelancers and Self-Employed
Loan Management Tips for Australian Freelancers and Self-Employed
Freelancers and self-employed individuals in Australia often navigate a unique set of financial challenges. The unpredictable nature of income can make budgeting and long-term financial planning more difficult compared to those with a steady paycheck. As work comes and goes in fluctuating cycles, financial stability can sometimes feel elusive. - read more
The Importance of Financial Literacy: Navigating Personal Loans in Your 20s and 30s
The Importance of Financial Literacy: Navigating Personal Loans in Your 20s and 30s
Financial literacy refers to the ability to understand and effectively use various financial skills, including personal financial management, budgeting, and investing. It's an essential skill set that can significantly impact an individual's financial well-being throughout their life. - read more

Finance News

Westpac Implements $177 Million Restructuring Charge in Second Half of Fiscal 2025
Westpac Implements $177 Million Restructuring Charge in Second Half of Fiscal 2025
21 Oct 2025: Paige Estritori
Westpac Banking Corporation has reported a restructuring charge of A$273 million (approximately $177.72 million USD) for the second half of fiscal year 2025. This move is part of the bank's ongoing 'Fit for Growth' program, which focuses on strategic cost management and performance improvement. - read more
Australia's Unemployment Rate Climbs to 4.5% in September 2025
Australia's Unemployment Rate Climbs to 4.5% in September 2025
21 Oct 2025: Paige Estritori
In September 2025, Australia's unemployment rate increased to 4.5%, marking the highest level since November 2021. This rise surpassed economists' expectations of 4.3% and has reignited discussions about potential interest rate cuts by the Reserve Bank of Australia (RBA). Find out now if you qualify and compare rates, offers and options from multiple lenders - without a credit check! Find out now if you qualify and compare rates, offers and options from multiple lenders - without a credit check! - read more
Reserve Bank of Australia Reports Early Signs of Loosening Financial Conditions Following Rate Cuts
Reserve Bank of Australia Reports Early Signs of Loosening Financial Conditions Following Rate Cuts
21 Oct 2025: Paige Estritori
The Reserve Bank of Australia (RBA) has observed early signs of loosening financial conditions following three interest rate cuts in 2025, which have brought the rate down to 3.6%. According to RBA Assistant Governor Christopher Kent, credit availability for households and businesses has improved as a result of these adjustments. - read more
Star Entertainment Group Secures Loan Covenant Waiver Amid Financial Challenges
Star Entertainment Group Secures Loan Covenant Waiver Amid Financial Challenges
05 Oct 2025: Paige Estritori
Star Entertainment Group, a prominent Australian casino operator, has successfully secured a loan covenant waiver under its syndicated facility agreement as of September 30, 2025. This development comes at a critical juncture for the company, which has been navigating a series of financial and operational challenges. - read more
ANZ Bank Faces A$240 Million Penalty for Bond Deal Misconduct and Customer Service Failures
ANZ Bank Faces A$240 Million Penalty for Bond Deal Misconduct and Customer Service Failures
05 Oct 2025: Paige Estritori
ANZ Group, Australia's fourth-largest bank, has agreed to pay a record A$240 million ($159.5 million) in penalties following investigations by the Australian Securities and Investments Commission (ASIC) for major misconduct. The violations include acting unconscionably during a A$14 billion government bond deal in April 2023, which the regulator says led to A$26 million in lost government funds. ANZ’s improper trading placed downward pressure on bond prices, undermining government funding. - read more

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Knowledgebase
Amortization:
The process of gradually paying off a debt over a period of time through regular payments.


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