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Personal Finance

401(k) hardship withdrawals are rising in 2023, reports find

by Merchant Moller
401(k) hardship withdrawals are rising in 2023, reports find

After falling sharply last year, retirement account balances are bouncing back in 2023 — but there are still signs of trouble. Helped in part by improved market conditions, retirement account …

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He paid for the first date and he asked for his money back

by Merchant Moller
He paid for the first date and he asked for his money back

Koron | Moment | Getty Images Samantha Costanza went on a first date with a man she’d met on a dating app in January 2022. They got to know each …

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Interest rates RBA today: Reserve Bank of Australia makes major call on cash rate in August decision

by Mark McDuffie
Interest rates RBA today: Reserve Bank of Australia makes major call on cash rate in August decision

Australian mortgage holders can breathe a sigh of relief with the Reserve Bank holding steady on interest rates in consecutive months for the first time in more than a year. …

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‘Skiplagging’ can save money on airfare — but has big risks

by Dennis chmitz
‘Skiplagging’ can save money on airfare — but has big risks

Natnan Srisuwan | Moment | Getty Images “Skiplagging” is a money hack for travelers looking to save on airline tickets — but travel experts warn the practice comes with big …

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Woolworths supermarket wage scandal as chain accused of underpaying more than $1 million in long service leave

by Mark McDuffie
Woolworths supermarket wage scandal as chain accused of underpaying more than  million in long service leave

Woolworths faces more fines related to payroll errors, with Wage Inspectorate Victoria alleging the supermarket giant underpaid more than $1 million in long service leave to 1235 former employees. Wage …

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Rather than a recession, we could be in a ‘richcession’ instead

by Merchant Moller
Rather than a recession, we could be in a ‘richcession’ instead

A ‘richcession’ may be underway “In most recessions, unemployment rises more for lower-income groups,” said Tomas Philipson, a professor of public policy studies at the University of Chicago and former …

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Victorian households eligible for latest $250 Power Saving Bonus payment for two more weeks

by Mark McDuffie
Victorian households eligible for latest 0 Power Saving Bonus payment for two more weeks

Victorians have two more weeks to apply for the current $250 Power Saving Bonus payment from the state government. The new round of the payment was an election promise and …

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Gen Z, millennials are most likely to buy travel insurance products

by Dennis chmitz
Gen Z, millennials are most likely to buy travel insurance products

Rome ranked second on a recent list of best travel destinations for a digital detox. Piola666 | E+ | Getty Images Despite inflation, Gen Z and millennials are determined to …

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Health insurer HCF to give customers $176 million cash back

by Mark McDuffie
Health insurer HCF to give customers 6 million cash back

Australian health insurance company HCF has announced it is giving back an additional $40 million in health insurance claims savings to its members. Private health insurer HCF has already given …

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