Finance
The Evolving Concept of Wealth in Contemporary Australia
13 April
Back in the 1960s, owning a home was synonymous with being wealthy because of the prevailing socio-economic context, including high homeownership rates, early marriage and family formation, shorter life expectancy, and memories of the Great...[Read More]
Guarantor definition
13 April
Issuing loans or lending money comes with certain risks. This is why the majority of lenders require that borrowers provide a guarantor for their loan. If the borrower is unable to repay the debt on their own, a guarantor promises to do so in their...[Read More]
Ways to save money around the home during times of rising interest rates
13 April
With interest rates rising almost everywhere, including Australia and the United Kingdom, people have begun tightening their purse strings as best they can. However, decreasing spending to ensure your expenses match your reduced budget could mean...[Read More]
Economic benefit going to rich âinequality on steroidsâ
12 April
A disparity between how much of the economic benefits the vast majority of Australians get compared to the top end of town has been described as âinequality on steroidsâ. A new report shows 90 per cent of Australians received just seven per cent...[Read More]
Gas tax changes, super breaks on budget repair agenda
12 April
The treasurer has flagged tweaks to tax arrangements for gas producers as one possible option to repair the stretched federal budget. Presented with a âmenu of optionsâ from The Grattan Institute to cut spending and raise more revenue, Jim...[Read More]
Australia ânot immuneâ from global economic malaise
12 April
Treasurer Jim Chalmers says Australia is on track to avoid a recession despite the nationâs outlook being downgraded and a stalling international economy. The International Monetary Fund delivered a downbeat prediction for the global economy in...[Read More]
Treasurer defends phase out of low income tax relief
12 April
The treasurer has defended his decision to push ahead with his predecessorâs plan to axe a tax offset that saved low and middle income earners up to $1500 a year. Jim Chalmers has confirmed the tax offset for low and middle income earners will end...[Read More]
Adding to your super
12 April
Making extra contributions is a great way to boost your retirement savings. It could also help you reduce your tax. You may have different options depending on your age, how much you want to put in and your super balance. For more information,...[Read More]
Mining and tech sectors lift ASX to five-week high â ASX200 index closed up 34 points to 7,343.9 (12/4)
12 April
The local share market has lifted for the tenth time in 11 trading days despite a quiet session in the US as investors await the release of inflation data. The benchmark S&P/ASX200 index on Wednesday closed up 34 points, or 0.5 per cent, to a...[Read More]
5 Key considerations when investing in commercial property
6 April
Unlike buying residential real estate, investing in commercial property is generally viewed as the territory of more seasoned, wealthy investors. However, as long as youâre willing to learn and put in the work, thereâs no reason you canât...[Read More]
Want a comfortable retirement? Hereâs what you need to doâŚ
6 April
Retirement always seems to be far away; until it isnât. Many retirees realise too late that they are running out of money much sooner than expected. Therefore, Australians planning for retirement need to reconsider their assumptions regarding how...[Read More]
The Importance of Early Estate Planning
6 April
Estate planning is an essential yet often overlooked aspect of financial planning. For many Australians, it is seen as something to be dealt with later in life, if at all. However, estate planning should begin as early as possible to ensure a smooth...[Read More]
Weekly market update â Investment markets and key developments
5 April
Concerns about the banking system have eased this week but have not been completely erased. Expectations for fewer central bank interest rate hikes (because of the risks in the banking system and the tightening in lending standards which will weigh...[Read More]
Single parents, women flagged for more budget support
5 April
Women and single parents could be in line for more support in the federal budget as the government looks to ease cost of living pressure on groups in need. Finance Minister Katy Gallagher said compounding budget pressures and the risk of fuelling...[Read More]
Australian, Chinese officials meet over trade sanctions
5 April
High-level Australian officials have met with their Chinese counterparts in Beijing to discuss ongoing trade sanctions in the latest sign of a diplomatic thaw. Beijing has imposed billions of dollars worth of unofficial sanctions on Australian...[Read More]