Shoddy bank record-keeping hits savers as scammers lurk
30 July
Systemic shoddy record-keeping at big banks is risking the savings of Australians trying to benefit from a safe investment strategy.
The financial regulator issued the warning around mortgage offset accounts, which are marketed to borrowers as a way...[Read More]
Top 5 tips to help you take control of your finances
23 July
Saving money isn’t just about cutting out coffee or chasing every bargain. It’s about creating a plan that works for your lifestyle and future goals.
Whether you’re starting from scratch or building a nest egg for something big — a...[Read More]
Perception of wealth: The importance of holistic well-being in defining prosperity
16 July
In today’s society, the notion of wealth extends beyond financial resources. As individuals seek a more balanced and fulfilling life, the concept of wealth has evolved to encompass various factors such as education, healthcare, job satisfaction,...[Read More]
Energy rollercoaster: Australian bills to fall and rise
16 July
Solar panels, wind farms and cheaper batteries will help to cut Australian electricity bills in the coming years, even as the artificial intelligence boom pushes up the price of gas technology.
But energy prices will rise after 2030, a study has...[Read More]
How to teach your kids about investment
9 July
As a parent, you want what’s best for your children. This is why you teach them about cleanliness, health, nutrition, good behaviour, the value of education and so on. But how come very few parents take the time to teach their kids about...[Read More]
How to save money around the home amidst the rising interest rates
9 July
With interest rates rising almost everywhere, including Australia, people have begun tightening their purse strings as best they can.
However, decreasing spending to ensure your expenses match your reduced budget could mean barely any savings or...[Read More]
The first money conversations every couple should have
2 July
Getting married or moving in together is an exciting step. It is about love, commitment, shared plans and building a life together. But it is also a time when two financial worlds often come together. Different spending habits, savings goals, debts,...[Read More]
Tax cuts, pay rises and text message changes on the way
2 July
WHAT IS CHANGING ON JULY 1?
* About 2.7 million workers on award wages will get a 4.75 per cent pay bump, while workers on the minimum wage will get a six per cent pay rise, following a Fair Work Commission decision
* Workers will also receive super...[Read More]
Helping kids with living expenses – prepare them for the responsibilities of adulthood
4 June
There’s a family event of sorts that gives parents mixed feelings of sadness, apprehension and relief — and children a lot of excitement: when a child leaves the proverbial nest.
Now, this can happen early during your child’s teenage years...[Read More]
Minimum wage tops $1000 a week, stoking inflation fears
4 June
Workers on the minimum wage will receive more than $1000 a week for the first time, but businesses and economists warn the pay bump could fuel inflation and more rate rises.
Industrial umpire the Fair Work Commission handed a 4.75 per cent pay boost...[Read More]
The power of compound interest – it rewards patience, consistency, and time.
28 May
Albert Einstein reportedly called compound interest the “eighth wonder of the world.” Whether or not he actually said it, the sentiment holds true.
Compound interest is one of the most powerful forces in investing, not because it is flashy...[Read More]
Gen Z bombarded by fake crypto trading scams
27 May
In the already difficult to navigate world of online trading, young people are being lured in by the promise of easy money trading cryptocurrency.
The problem – the sites, trades, and profits are all entirely fake and any money paid goes straight...[Read More]
Tax, migration and NDIS in coalition’s economic sights
20 May
Australia’s tax system would be overhauled, welfare restricted to citizens and immigration slashed under a future coalition government.
In his first budget reply speech, Angus Taylor has conceded the Liberals and Nationals still have a long road...[Read More]
Smarter energy at home: Serious ways to reduce electricity bills
14 May
Electricity bills have become one of the biggest household expenses, and for many families, the usual advice of “turn off the lights” simply does not go far enough.
While small habits matter, meaningful savings often come from understanding...[Read More]
Saving for the future
30 April
In an era where the allure of instant gratification is stronger than ever, the art of saving money seems to be fading into the background. Yet, the truth remains: most of us have aspirations that extend beyond our immediate reach, be it a new car,...[Read More]