Why improving financial literacy could open the door to advice

CoreData’s research over the past two decades has consistently found that at any point in time, only around one in four Australians are receiving financial advice.  This is a relatively …

Focus on WA: CoreData’s COVID-19 snapshot

Despite WA’s effective containment of COVID-19, the economic effects of the state’s pseudo-shutdown have been widely felt. Compared to major trading partners, Australia has experienced reasonable success in avoiding the …

CoreData’s COVID-19 Snapshot: Banking and lending

In early March, Australia’s top banking executives sat down with Treasurer Josh Frydenberg in a meeting originally intended to discuss the impact of the bushfire season on the local economy. …

CoreData’s COVID-19 Snapshot: Superannuation

With rising unemployment and unprecedented trading restrictions imposed on businesses, the Federal Government’s concessional clause for early access to super has provided a lifeline for Australians in financial hardship. The …

Consumers hold the key – but which door will they open?

Consumer sentiment and behaviour will play a critical role in any economic recovery from the COVID-19 pandemic. Federal and State government policy settings must walk a fine line between managing …

From Russia with doubt

When we all think of Russia – we tend to think of it as the alternative superpower – the controlled economy ying to the capitalist yang of the Unites States, …

Digital disruption races ahead in Europe and China

It’s easy to see why banks and fund managers alike are in love with automation – in terms of management, scalability and cost, machines are a lot easier to lover …

Using “simple” analytics to transform business decisions

Recent years have seen the burgeoning growth of data science and ‘insights’ teams to make sense of the large amounts of data that corporations have at their fingertips. This is …

Advice and education could bolster annuities take-up

The ideal retirement is a pipe dream for the majority of Australia’s 4.7 million[1] pre-retirees amid rising living costs and retirement income expectations, new research from CoreData has revealed. CoreData’s …

Don’t ignore the common enemy

It has long been known that superannuation funds need to find ways to better engage their members, particularly younger members for whom retirement is not typically part of their everyday …

Banks must rebuild trust to fend off fintechs

Stories of deceitful conduct among financial planning and banking have been all-too prevalent over the last decade leading to broader resentment among the public towards the sector. Trust in banking, …

What West Aussies’ parochialism means for your business

Whether we like to admit it, us Western Australians are a parochial bunch. Pretty much everywhere outside of WA is affectionately referred to as “over east”. When people from Perth …

Cashless way taps and grows

In Australia we talk a lot about our ‘cash economy’ – the cash-in-hand, under the table payments that hit the government’s hip pocket in the form of unpaid taxes or …

Include the primary residence in asset test

Australia is an unusual place, not just because of our geography, our animals and our plant life, but because of the way we value our assets and the way we …

White Paper – The Future of Banking

Excerpt Australia’s financial services sector is the biggest contributor to the national economy, employing 450,000 people, with a rocksteady reputation. Yet despite the envious strength of our major banks and …

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