March 21

Which of the following is a way you can avoid racking up an excessive HECS debt?

If you plan to quit a course or subject, do so before 'census' date.

If you're thinking of changing universities, check the cost.

Avoid failing subjects.

All of the above.

Which super fund was recently fined $10.5 million for greenwashing?

AustralianSuper.

Active Super.

Vanguard Super.

Future Super.

Which of the following is true about Pearler Super?

It is designed exclusively for Baby Boomers.

It allows investors to pick their own ETFs instead of using fund managers.

It charges high investment management fees.

It claims to predict the future of investments.

What was the median profit on Australian property sales in the December 2024 quarter?

$150,000.

$106,000.

$250,000.

$306,000.

Westpac has reported a 45% jump over the past quarter in what?

Customers refinancing their home loan.

Queries about financing tiny homes.

Mortgage applications backed by the Bank of Mum and Dad.

Single people applying for home loans.

What is the primary focus of ASIC’s review into the car finance sector?

Encouraging more people to take out car loans.

Investigating misconduct in used car finance for vulnerable consumers.

Lowering interest rates for all car loans.

Promoting new car sales through financing deals.

According to a Finder survey, what do Australians consider to be a ‘good’ base salary?

$103,000.

$126,938.

$177,212.

$152,775.

What is one reason to avoid switching your superannuation to cash during market downturns?

Losses are only realized when they are locked in by selling.

Cash investments offer higher returns than stocks.

Market downturns never recover.

Superannuation funds are not affected by stock market fluctuations.

What is the main benefit of using a guarantor home loan to enter the property market?

It allows you to buy a property without any upfront costs.

It lets you enter the property market sooner.

It eliminates all risks for the guarantor.

It helps you choose the right property.

What’s one strategy financial therapist Jane Monica-Jones recommends for managing anxiety around money?

Constantly reading financial news.

Taking breaks, exercise, and connect with others.

Spending more money to feel better.

Checking your bank balance every hour.