Cashflow
The fundamentals of financial responsibility
December 8, 2022
Financial responsibility refers to the practice of handling money and other assets in a way that is in your (as the owner of the assets) or your family’s best interest. Being financially responsible entails a certain level of proficiency in...[Read More]
How to save money around the home during times of rising interest rates
November 3, 2022
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]
What Is Dollar Cost Averaging?
October 26, 2022
Investing can be a challenging exercise, although the principle behind it is deceptively simple: buy when prices are low. However, this is easier said than done. Even seasoned investors who attempt to time the market to buy at the most advantageous...[Read More]
Power prices tipped to rise by 50 per cent
October 26, 2022
Retail electricity prices are expected by rise by 50 per cent over the next two years, dealing households and businesses another cost-of-living blow. Treasury has assumed in the federal budget that retail power prices will increase by an average of...[Read More]
Fuel relief to end amid price spike fears
September 21, 2022
The federal government will end petrol excise relief but insists motorists won’t be hit too hard at the bowser. Treasurer Jim Chalmers has confirmed the September 28 deadline on the temporary fuel excise cut of 22 cents per litre, citing the...[Read More]
Petrol price rises to further hit budgets
September 7, 2022
The consumer watchdog will be on the lookout for unnecessary price hikes as the fuel excise is reinstated in full later in the month. The reintroduction of the tax will see motorists pay an extra 25 cents per litre, including GST and indexing to...[Read More]
Wages grow 2.6pct in June quarter: ABS
August 17, 2022
Workers saw the highest annual rate of wage growth in eight years last quarter, but the increase will do little to ease the soaring cost of living. Although workers enjoyed a 2.6 per cent boost to their pay packets in the year to June, with...[Read More]
Aust drivers’ fuel costs hit $100 a week
August 17, 2022
Cash-strapped Australians filling up at the fuel pump paid an extra $5 a week over the course of the past three months, according to new figures. The Australian Automobile Association’s latest Transport Affordability Index, released on Sunday,...[Read More]
Top 3 Tips to Maintain a Good Credit Score
July 28, 2022
Your credit score is a numerical indicator lenders use to determine how risk-free you are as a borrower. It is based on the details in your credit report, such as your borrowing history and whether you have made timely payments. People with low...[Read More]
Couples take eight years to buy first home
March 23, 2022
Australian couples buying their first home are taking up to eight years to save for a deposit as rising property prices and low wage growth make saving a struggle. The time taken for young couples to gather a house deposit has increased by 11 months...[Read More]
How to build an emergency fund
March 9, 2022
If there’s one thing the COVID-19 pandemic has shown us, it’s that the unexpected can happen at any time. And, while there are many things in life you can’t control, you can make sure you have enough funds put aside to help you get by....[Read More]