November 4, 2022 12:48 am
Published by slashdot
Budget October 2022: sign of the times In his first Budget, Treasurer Jim Chalmers’ emphasised the three Rs – responsible budget repair and restrained spending, right for the times. For good measure, resilience also got a mention with spending targeted at building a more modern economy to deal with the challenges ahead. This is the first budget from a federal... View Article
October 4, 2022 5:25 am
Published by slashdot
With interest rates on the rise and investment returns increasingly volatile, Australians with cash to spare may be wondering how to make the most of it. If you have a mortgage, should you make extra repayments or would you be better off in the long run boosting your super? The answer is, it depends. Your personal circumstances, interest rates, tax... View Article
September 12, 2022 11:22 am
Published by slashdot
Before you say ‘I do’, talk about your finances with your partner. Not getting married, but in a relationship? See relationships and money for useful tips. If COVID-19 has impacted your wedding plans, the ACCC’s explains your rights when it comes to cancellations and refunds. Manage the wedding whirlwind The average Australian wedding costs $36,000. According to a Moneysmart survey, 82% of... View Article
August 15, 2022 5:18 am
Published by slashdot
Working out how much you need to save for retirement is a question that keeps many pre-retirees awake at night. Recent market volatility and fluctuating superannuation balances have only added to the uncertainty. So it’s timely that new research shows you may need less than you fear. For most people, it will certainly be less than the figure of $1... View Article
July 15, 2022 8:13 am
Published by slashdot
Paying off your mortgage early will save you money and take a financial load off your shoulders. Here are some ways to get rid of your mortgage debt faster. Switch to fortnightly payments If you’re currently paying monthly, consider switching to fortnightly repayments. By paying half the monthly amount every two weeks you’ll make the equivalent of an extra month’s... View Article
March 29, 2022 10:02 pm
Published by slashdot
A balancing act Billed as a Budget for families with a focus on relieving short-term cost of living pressures, Treasurer Josh Frydenberg’s fourth Budget also has one eye firmly on the federal election in May. At the same time, the government is relying on rising commodity prices and a forecast lift in wages as unemployment heads towards a 50-year low... View Article
March 1, 2022 2:14 am
Published by slashdot
After weeks of escalating tension and US statements that Russia will attack, Ukraine is now under invasion. As the world watches on while the tragedy of war unfolds, what will the impact on financial markets be? Russia’s military action in Ukraine is first and foremost a human tragedy. Many lives will be lost, and people’s homes, livelihoods, and families destroyed.... View Article
February 19, 2022 11:59 pm
Published by slashdot
Buying your first home is always a big step, but with property prices rising faster than pay packets taking that first step seems more challenging than ever. National house prices rose 20 per cent in the year to September, the fastest growth since 1989. Higher prices have also fanned out from capital cities to the regions, as city folk discover... View Article
February 19, 2022 11:49 pm
Published by slashdot
After a difficult year of COVID disruptions and uncertainty, the summer holidays can’t come quickly enough. It’s a chance to refresh and reflect on the year that was and hopefully set some goals for year ahead. Yet this year more than most, many of us may feel that our personal and financial priorities have shifted depending on our experience of... View Article
February 7, 2022 10:52 am
Published by slashdot
As the nation drifts back to work and study after the summer break, it’s often a time to start putting your New Year’s resolutions into practice. For some, an extended holiday may have convinced you that you are ready for more of the good life and that it’s time to retire. In the past, that would have meant leaving work... View Article