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
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 »
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 »
Many Australians are interested in buying an electric vehicle for environmental reasons, but most say they’re too expensive. But are they really? Research by Nielsen in 2019 found that price stopped 80 per cent of Australians from considering buying an electric vehicle (EV). Purchase price is an obvious barrier – EVs are more expensive than… Read more »
The Big 4 bank economists are forecasting interest hikes to begin between June and September. So what should you do to prepare for upcoming increases to your mortgage repayments? This week’s Reserve Bank (RBA) board meeting, kept official interest rates on hold as expected. But it was their language that attracted attention. Up until now… Read more »
In times like these, when there is great uncertainty about what will happen to interest rates, borrowers get lots of advice about whether to go fixed or variable. Unfortunately, a lot of it is not well founded. For example, anyone who tells you to lock a fixed rate mortgage now before rates rise, is basically… Read more »
CommSec research outlining potential sharemarket winners from the Federal Budget 2022 is certainly food for thought. The sharemarket analysts I talk to say they take notice of what’s in the Federal Budget, but it’s only one of a number of considerations behind a decision to invest. Often a budget announcement can be just a short-term… Read more »
I’m all for helping first home buyers get into the property market, as long as it’s done the right way at the right time. I’m not sure the Home Guarantee Scheme is it. I get concerned when help for first home buyers happens at a time when property values are falling (in Sydney and Melbourne)… Read more »
You might have noticed some buzz lately around something called Non-Fungible Tokens or NFTs. They are essentially a digital certificate of ownership for digital assets, such as images and video. For some, NFTs might be an entirely new concept, but they have actually been around since 2014. They have become more widely recognised recently thanks… Read more »
With rising inflation, a war in Europe affecting global fuel costs, and ongoing supply strain issues, this year’s budget is shaped not just by the upcoming election but a growing cry in the community about the cost of living. But despite some significant multi-billion dollar spends within the next six months, the deficit is predicted… Read more »
