March 14

Which regular expense is expected to increase by up to 9%, the regulator warned this week?

Home insurance.

Health insurance.

Car registration.

Power bills.

A type of payday loan known as a medium amount credit contract (MACC) allows lenders to charge?

A $400 set-up fee.

Default fees and enforcement costs.

Interest up to 48% per year.

All of the above.

Melbourne rental prices have risen by how much since January 2020?

20%.

30%.

40%.

50%.

What is the deadline for eligible Australians and expat Brits to buy up to 18 years of UK National Insurance contributions?

June 30.

December 25.

August 15.

April 5.

Scam losses in Australia dropped by $700 million in 2024, but how much money did scammers still manage to steal?

$2 billion.

$500 million.

$10 billion.

$20 million.

Which asset has been more resilient than equity markets during recent volatility?

Bitcoin.

Gold.

Real estate.

Rare Pokémon cards.

Australia now has more high-net-worth individuals than which of the following countries?

Italy, South Korea, and Spain.

Canada, Japan, and Germany.

Brazil, India, and Mexico.

New Zealand, Singapore, and Switzerland.

Why is Australia's largest super fund, AustralianSuper, being sued by ASIC?

For charging members extra fees on their retirement savings.

For failing to offer investment options in cryptocurrency.

For refusing to pay out any benefits to retirees.

For delaying the processing of nearly 7000 death benefit claims.

Which of the following scenarios could result in paying capital gains tax (CGT) when selling your home in Australia?

Renting out your entire home for seven years before selling.

Selling your primary residence that you've lived in since purchase.

Living in your home for five years and then moving out for four years without renting it.

Selling your home within six months of buying a new one while still living in the old property.

What is one major downside of taking out a 40-year home loan instead of a 30-year loan?

You’ll pay significantly more in interest.

The bank will make you take a mortgage math test.

You’ll have to wait 40 years before moving in

Your house will be haunted for an extra decade