Money
Super Co-Contribution: A simple way to boost your retirement savings
4 June
The government super co-contribution scheme is designed to help eligible low and middle-income earners grow their retirement savings. If you make personal after-tax contributions into your super fund, the government may also contribute an additional...[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]
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]
Watchdog puts bite on ‘finfluencers’ deceiving Gen Z
29 April
Dodgy financial advice provided by social media influences is facing a crackdown, with Gen Z exposed to the misleading offers. The Australian Securities and Investments Commission has issued warning notices to four finance influencers, also known as...[Read More]
Top 5 tips to motivate kids to save
23 April
Building strong money habits early can set children up for a lifetime of smart financial decisions. It all starts with simple lessons in saving, spending, and valuing what matters most. Help Them Set a Clear Goal Saving is much easier when...[Read More]
Showers free in aged care reform as health rebate cut
22 April
Private health insurance rebates will be slashed for older Australians to fund essential home care services such as showering and dressing support. The federal government has backed down on a requirement that people receiving aged care support pay...[Read More]
Understanding and managing your cashflow with expert financial advice
9 April
Imagine feeling completely on top of your finances — knowing your money is working as hard for you as you work for it. A well-managed cashflow could be the key to achieving that feeling. Cashflow simply refers to the money coming in and going...[Read More]
Retirement success… but at what cost?
2 April
You made it. After decades of early mornings, long days, financial discipline, and countless sacrifices, you’ve reached retirement. The mortgage is under control, the superannuation balance looks solid, and the calendar is finally your own. For...[Read More]
Fuel pain to last longer despite tax cut kicking in
2 April
Motorists will need to wait longer for cheaper fuel as a tax cut might take weeks to start flowing through the bowser, as Labor resists turning to fuel rationing to shore up supply. The federal government’s halving of the fuel tax will begin on...[Read More]
‘Unfair’ subscription traps to be banned in new rules
1 April
Unfair trading practices such as subscription traps and drip pricing will be banned under reforms designed to bolster protections for consumers. The Albanese government introduced laws to parliament on Wednesday to put an end to tactics used by...[Read More]
Financial myths you shouldn’t fall for this April Fools Day!
26 March
April Fools’ Day has a long and rich history of harmless trickery, and it can be very entertaining if you manage to fool your family or friends. However, if you’re gullible, April Fools’ Day may not be as much fun. Falling for false...[Read More]
Alarm as Gen Z turns to ‘finfluencers’ for money advice
19 March
Two thirds of young people rely on social media for their financial investment decisions, with one in five turning to artificial intelligence. A survey of Gen Z (18 to 28-year-olds) respondents by financial regulator ASIC has found 56 per cent...[Read More]