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Overwhelmingly, Australia’s top economists would rather the Federal Budget 2022 funds measures to cut carbon emissions than cuts to income tax or company tax. They are also dead against rumoured cuts to petrol tax and the tax on beer. The Conversation’s pre-budget survey of a panel of 46 leading economists selected by the Economic Society… Read more »
Studies have shown that arguments over money rank highly as one of the top reasons for divorce, second only to affairs and infidelity. New research by online trading brokerage firm Global Prime suggests that those arguments over money may be rooted in gender. The study found that men and women may be driven by different… Read more »
The latest Australia’s Richest 250 deep-dive reveals that more of Australia’s wealthiest made their money in property than in any other sector. Good news for would-be property moguls, data released by The Australian for its annual analysis of Australia’s Richest 250 reveals that almost 24 per cent of Australia’s wealthiest are rich because of property… Read more »
A new survey has found the aged care, disability and health sectors are the number one industry young Australians want to work in. Is there a silver-lining to the COVID crisis? Skillsroad, an initiative of Business Australia aimed at helping school leavers transition into work, surveyed of over 5,000 youth and found 24 per cent… Read more »
The US Federal Reserve officially lifted interest rates last week. Here’s why US interest rates matter to Australians. By Matt Hopkins Interest rates are admittedly a pretty dry subject and usually devoid of anything resembling fun, but ultimately they affect all of us, even if you think you’re way too cool to take notice. Interest… Read more »
Impending inflation rise is all over the news and we really want to know what inflation means for the quality of our daily life. Most people hate the idea of inflation. And that’s because they worry that if the price of the things they buy increases, they won’t be able to afford to buy as… Read more »
New research suggests that some Aussies think millennials are better with money than their parents. Forget the smashed avo cliché, many Australians think millennials are actually very good with their money. In fact, some reckon millennials are better with their funds and more likely to engage in wealth-building strategies than their parents. Online trading provider… Read more »
There’s a handy summary of RBA economic data available to click on – and at the moment it’s a very reassuring thing to do. Every day we seem to be bombarded with economic data. It can feel confusing and overwhelming, but the Reserve Bank Australia has your back. At the end of each month it… Read more »
Stealth tax rises mean that when the government announces a tax cut, you’ll probably pay the same or more tax anyway. A curious feature of the Australian tax system is “bracket creep”. Taxpayers whose income climbs by no more than prices (inflation) get no increase in their living standards. Instead, they see more and more… Read more »
Analysis of 122 years of data reveals long-term sharemarket trends that provide real insight into reducing sharemarket risk and improving gains. One of the things people interested in investing can suffer from is what I call ‘short-termism’; where we follow the day-to-day but don’t often sit back and get the big picture. That’s why the… Read more »
