Australians lack financial literacy, according to a new survey conducted by Mortgage Choice, in partnership with Core Data. They asked more than 1,000 Australians to find out what the Great Australian Dream is. The result was published as a part of their annual whitepaper entitled The Evolving Great Australian Dream. Out of the 1,043 Australians […]
Studies show that most Australians are underinsured or not covered enough by life insurance. According to the Global Insurance Market Trends published in 2015 by the Organisation for Economic Cooperation and Development (OECD), Australia (and Sydney) ranks 13th on Life Insurance Penetration Index among OECD member countries. Meanwhile, LifeWise.org discovered that 83% of Australians have […]
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