5 things that self-made millionaires do differently
Thinking of joining an MLM as your side hustle? Read this first
10 business lessons from a lemonade stand
The Labor Government’s new Help to Buy scheme will be open to 10,000 Australians each financial year. Under the scheme, you can access an equity contribution of up to 40 per cent of the purchase price of a new home and up to 30 per cent of the purchase price for an existing home. The… Read more »
The housing affordability ‘crisis’ has been in the media for months, but all is not what it seems. I know, I’m just as surprised as you. But these are the facts. It goes against every report in the media – and what every adult child is telling their parents – that it has never been… Read more »
You know it’s tax time when the Australian Tax Office releases its annual ATO hit list of the areas they are targeting for special attention. This year the ATO hit list is focused on: record-keeping; work-related expenses; rental property income and deductions; and capital gains from crypto assets, property, and shares. “The ATO is targeting… Read more »
Rents are skyrocketing across Australia, but it’s all just a matter of supply and demand. In March REA reported a huge reduction in rental listings, highlighting the challenges faced by those seeking a rental property. The number of total properties listed for rent nationally fell a further 11.6 per cent over April and is down… Read more »
Let’s go through the facts and disprove some of the mistruths currently being sprouted by the media and politicians about interest rates. Yes, the Reserve Bank surprised everyone by raising official interest rates 0.25 per cent (instead of the expected 0.15 per cent) to 0.35 per cent. Yes, home loan monthly repayments will rise almost… Read more »
Kids’ savings accounts are generally horrible when it comes to features and returns – but some are better than others. As a father of four adult children and eight grandchildren, I’ve always been interested in kids’ savings accounts. Libby and I have always tried to instil good savings habits (with mixed success) into our kids… Read more »
There’s a new tax scam to be vigilant about and it’s a super easy one to fall for. The Australian Taxation Office (ATO) is urging taxpayers to be vigilant following an increase in reports of fake websites offering to provide tax file numbers (TFN) and Australian business numbers (ABN) for a fee, but failing to… Read more »
Have you set some solid debt limits on your household budget yet? If you haven’t, it’s high time you did. With so much talk among politicians and in the media about Australia’s national debt levels and our ongoing budget deficit, it got me thinking. How do you assess your own household debt and know when… Read more »
Make sure your goodwill gesture is an approved charity donation before you claim it on your tax return. With Australians expected to make significant charitable donations to support flood impacted areas, the Australian Taxation Office (ATO) is urging us to make sure that if we want to claim a deduction in our tax return for… Read more »
How much interest rates will rise is the big question and each of the big banks have a slightly different answer… but they all agree the first rate increase will be June. Westpac’s economic team is now predicting the cash rate hikes will start in June and hit 2 per cent by June the following… Read more »
