Lots of Australians have connected their bank account to a smartphone investing app called Raiz (formerly Acorns). Should you?
Fires to have little impact on GDP: RBA
The China Coronavirus outbreak – economic and investment market implications
Australian neobank growth
Be financially prepared
According to this same report, only 40% of families have enough in savings to cover three months of expenses, with an even lower percentage having the usually recommended six months worth of savings. This is frightening to us, as having an emergency fund can greatly help a person get through tough parts in life.
Coronavirus update at a glance and impact on the market
Financial stress linked to family violence
Financial stress, unemployment, disability and poor health are all factors in domestic violence, new analysis of Australian statistics shows. Other common factors include female victims being aged between 25 and 34, born in Australia or English-speaking countries, and living in a de facto relationship.
Buy Now Pay Later pros and cons
With Buy Now Pay Later (BNPL) services, buyers can have their item now and spread payment in instalments over a few weeks or months. Unlike credit cards, they charge no interest on the purchase, and there are generally no fees to sign up and use the service
The costs of buying a home
What is capital gains tax? Your questions answered
Being rich is having money; being wealthy is having time.
Recently separated? Thinking about leaving? Here are some tips to help you organise your finances as a single woman.
How to structure your small business – and pay yourself
Bushfires and the Australian economy
How the Australian super system compares to others around the world [VIDEO]
My top lessons from 2019, and what I’m watching in 2020
7 simple steps to create an emergency savings fund
Five charts to watch regarding the global economy and markets this year
Our high-level investment view for this year is that a combination of improving global growth boosting profits and still easy monetary conditions will help drive reasonable investment returns, albeit more modest than the very strong gains of 2019. This note revisits five charts we see as critical to the outlook.
Medicare and your tax obligations
To help pay for the public health system which we call Medicare, you’re required to pay a 2 percent Medicare levy as part of your income tax. While the low-income tax offset can reduce your individual tax liability, sadly it does not reduce the Medicare levy per se, which can make it that little bit harder to get ahead with your savings.
Five steps to building wealth [VIDEO]
If you don’t know your current financial position, how will you know if your wealth is growing?If you want to build your wealth, making a list of all your assets and liabilities is a great place to start. You can revisit the list every year to see how much progress you’re making towards building a wealthier future.