Enough with the hysterical coverage about interest rates

Enough with the hysterical coverage about interest rates

- May 6, 2022 4 MIN READ

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 »

ATO tax scam warning

Warning from the ATO about a rampant tax scam

- April 29, 2022 2 MIN READ

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 »

Interest rates will rise but by how much

When interest rates will rise and by how much?

- April 14, 2022 3 MIN READ

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 »

Electric vehicle - are they cheaper to run

Is buying an electric vehicle a good financial decision?

- April 11, 2022 3 MIN READ

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 »

Home Guarantee Scheme misses the mark

The Home Guarantee Scheme misses the mark

- April 1, 2022 3 MIN READ

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 »