Your Money

Watch out! Scams drive a big rise in financial complaints

- August 2, 2024 < 1 MIN READ

Financial scams are rife these days. Just look at the official complaint figures …  You may not be aware that there is The Australian Financial Complaints Authority (AFCA) with an Ombudsman that tries to follow through with consumer complaints about the financial sector. In the last financial year disputes reaching the Ombudsman service rose a… Read more »

Share living.
Your Money

More bedrooms add more bang to your rental buck

- July 26, 2024 3 MIN READ

A study has revealed just how much the number of bedrooms in a property impacts the rate of rental growth. And it’s very interesting. As the rental crisis continues, it seems tenants are shifting towards larger properties with more bedrooms, so the cost can be shared across more people. CoreLogic has produced a fascinating study… Read more »

Your Money

3 tips to avoid bogus financial advice

- July 26, 2024 2 MIN READ

Be careful where you get money advice from … I have always said that good advice is your best investment. There is plenty of advice out there, but the question is whether it’s “good”? Today, you can’t believe everything you read on the internet (or scroll past on TikTok) but that’s where 29 per cent… Read more »

Your Money

As property values go up, this should come down

- July 26, 2024 2 MIN READ

Your property will be worth more now, so it’s time to act.   Homeowners need to start taking advantage of the increase in their property’s value by negotiating a better home loan interest rate with their lender. The general rule of thumb is that the more equity you have in your property, the better the interest… Read more »

Your Money

The ‘golden rules’ of investing in shares

- July 19, 2024 3 MIN READ

The sharemarket is really a great mixture of human emotions, hopes, fears, greed, enthusiasm, stupidity and even sometimes wisdom. So, you can see the benefits of having a basic set of principles to guide you. Remember these ‘golden rules’. The ‘golden rules’ of investing in shares 1. Do your homework before buying Don’t buy or… Read more »

Your Money

Unemployment stays low … for now

- July 19, 2024 2 MIN READ

The official unemployment number remains low, but should we be concerned?  The June employment figures are in and while the unemployment rate rose slightly to 4.1 per cent, there were 50,000 new jobs created in the month – which was a lot more than the 39,000 created in May and the 20,000 expected by a… Read more »

Teaching financial literacy in schools
Your Money

Let’s do something about financial literacy

- July 19, 2024 3 MIN READ

School is supposed to equip our kids for life, and yet financial literacy is not a compulsory subject. Is it tine we changed the school curriculum to include it?  It is a common concern that Aussie kids aren’t learning anywhere near enough about personal finances, with most Aussies receiving little to no money education at… Read more »

3 ways to save on your mortgage
Your Money

3 fast ways to shrink your mortgage

- July 12, 2024 3 MIN READ

Protect your wealth from the blow of another rate rise with these simple tips to decrease your mortgage and pay it off quicker.  How would another rate hike impact your household budget? A single 0.25 per cent increase could add around $123 to monthly repayments on a $750,000 mortgage. That could be $1,400 more over the… Read more »

The 'two-sided' risk to the economy.
Your Money

The ‘two-sided risk’ to the economy explained

- July 12, 2024 3 MIN READ

Everyone is watching interest rates, but could we be on the brink of an employment crisis? How will THIS impact inflation? The ‘two sided risk’ explained.  History tells us that the last economic indicator to shift in a downturn is employment. My fear is that we are at that tipping point now. And history tells… Read more »