Card surcharges: Are you paying too much?
Ever wondered why your cup of coffee costs an extra 15 cents at one café and not another? Or when you go to pay for petrol with Visa or Mastercard, you're told it will cost another 1.5 percent? These added costs are known as card surcharges and while they might not account for much in one or two transactions, they certainly add up.
The Albanese Government is preparing to ban debit card surcharges - the amount a business charges to cover the cost of an electronic transaction – from 1 January 2026, pending a review by the Reserve Bank of Australia (RBA). Treasurer Jim Chalmers said consumers should not be punished for using cards or digital payments.
Money matters: How a financial counsellor can help you
Struggling to juggle all your bills? Falling behind on your rent or mortgage payments? You may benefit from financial counselling.
We seek advice from the experts for all kinds of things in our lives – from health to education and everything in between, so you shouldn’t be embarrassed about asking for assistance in an area integral to your wellbeing.
Financial counsellors can help you navigate a very stressful time. But who exactly are these professionals? What role do they play in helping you regain control of your financial health? Let's delve deeper into understanding the invaluable support they can provide.
Debt disaster: How to ask for financial hardship help
Money – particularly the lack of it – is a sensitive topic for most of us. There's a level of embarrassment or shame that can come with the inability to meet financial obligations.
Finding solid ground: What can I do if my home builder collapses?
Worried about all those headlines about builders going bust? If you’re building a new home, you might be increasingly concerned about what happens when a builder goes into liquidation.
The surge in construction company collapses across Australia, including high-profile builders such as Porter Davis and Probuild, has understandably made homeowners and investors nervous about the future.
Paying the price: The cost of payday loans
Picture this: It's the end of the month, and you're anxiously waiting for your next paycheck. An unexpected expense throws your budget off balance, and you're desperate for a solution. An online search brings up payday loans in Australia and you are tempted by the promise of immediate relief.
When we find ourselves in financial strife, it's tempting to look for a quick fix but if you don’t pay the loan back quickly, even a small amount can end up costing you big time. Before you sign on that dotted line, take a closer look at what you might be getting yourself into.
Picture-Perfect Pressure: Protect yourself from unfair contract sales tactics
Gap Studios, a photography studio based in Newstead, Queensland, has been accused of using unethical and manipulative business practices and unfair contract terms to deceive customers into spending thousands of dollars on photos.
The studio frequently promotes "free" photography sessions on social media, encouraging people to sign up with the promise of a chance to win the free photography experience. However, those who enter the competition are in for a nasty surprise.
Trolley folly: How to win the grocery game
Ever gone to the grocery store with a list of five or six things you need and walked out with double, if not triple that? You’re far from alone.
Of course, once you’re there you might remember something else you need. Or something you usually buy is half price, so you can't resist the deal and buy a couple. And then there’s the impulse buy so many of us are guilty of.
Mobile thinking: How to save money on your phone bill
Has the cost of living made you take a closer look at your monthly phone bill?
If you’re with Optus, you might be worried about more than just the amount they are charging you.
Baby boom: Is private health insurance necessary if you’re planning for pregnancy?
Planning to have a baby? Pregnancy is an exciting time but also a nerve-wracking one. There is so much to think about, not the least of which is where to have your baby.
Australians are fortunate to have access to good health care. And most women will give birth in a public hospital, where the charges will be limited. But many opt for private hospitals because they believe it will be a better pregnancy experience, including the promise of a private room after the birth.
It’s one of the reasons women who are thinking about getting pregnant take a closer look at private health insurance. This might mean updating their existing policy to cover pregnancy and birth. Or taking it out for the first time specifically for that reason.
Dying to know: Is life insurance worth the premiums?
What is life insurance? It is basically a contract between you and an insurance company under which you pay a regular amount of money in return for a lump sum benefit.