You can now work out your finances on the go with new MoneySmart mobile phone apps, said Parliamentary Secretary to the Treasurer, David Bradbury.
The new apps, which can be downloaded for free onto your iPhone or Android handsets, have been developed by the Australian Securities and Investments Commission (ASIC) as part of the new MoneySmart.gov.au website.
"These new mobile phone apps give Australians the ability to access the free, unbiased guidance of the MoneySmart website no matter where they are," said Mr Bradbury.
"A fantastic feature of the new apps lets you calculate the real cost of repayments on interest-free deals, so you can make a better-informed choice about your financing arrangements while you are in the store.
"The apps also let you work out your savings goals, mortgage repayments or superannuation contributions on the go.
"The new smart phone apps expand the ways people can use the helpful tools and resources that are available on the MoneySmart website.
"Since the website was launched in March, more than a quarter of a million Australians have already logged onto MoneySmart to help them put together a household budget or learn how to pay off a credit card faster.
"The Gillard Government wants people to be able to make better-informed choices so they can take control of their finances.
"The MoneySmart website and the new smart phone apps can help people to take those first, simple steps to help them get on top of their household budgets and build their wealth."
For more information, go to www.moneysmart.gov.au, or search for "MoneySmart" in the Apple iTunes App store or the Android Market on your mobile device.
1 June 2011