These money and investing stories were popular with MarketWatch readers over the past week. Source
‘We literally have nothing in savings and no plan for retirement, due to the fact that no one but me seems to care. At this rate, I am going to have to work until I’m 150.’ Source
‘As I started my new job, and my wife received her money, she used part of her $200,000 inheritance to go on a spending spree: a $50,000 truck and a $20,000 camping trailer.’ Source
The head of the consumer watchdog says Australians deserve an explanation about why banks are charging exorbitant credit card interest rates. There’s growing concern consumers are being gouged by credit card rates in excess of 20 per cent, despite record...
‘It’s the same perceptual problem when we blindly drive to the airport texting, yet worry about the airplane.’ Source
Health professionals say the Johnson & Johnson and AstraZeneca sagas, reports of vaccinated people catching the virus, and other risks are built into the entire process. Source
ANZ Bank chief executive Shayne Elliot has doubled down on refusing to back a condemnation of political violence in Myanmar, saying it would put overseas staff in “harm’s way”. The bank has declined to sign a letter calling for a...
The corporate watchdog says its investigations following the banking royal commission have so far resulted in $77.65 million in penalties. The figure was revealed in the Australian Securities and Investments Commission’s enforcement report covering July to December 2020. Civil penalties totalling...
‘My concern is that if I am married, the savings I have would go to her and subsequently her children, bypassing my son.’ Source
Almost 2300 jobs were created every day in March as the economy once again exceeded expectations. More than 70,000 Australians found new jobs over the month – equating to 2280 every day – as the unemployment rate fell from 5.8...
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