Suddenly, Australia’s annual inflation rate is 3.8%, having jumped from 1.1% for the twelve months to March. Should we be worried? The June quarter jump follows a jump in the United States to 5.4% and a jump in New Zealand to 3.3%, sparking a debate between leading pundits such as former US treasury secretary Larry… Read more »
Being aware of the most common newbie investor mistakes can save you a ton of emotional energy and financial pain down the track. You’re at a party, and after a few drinks your friend lets it slip they’ve “actually just invested in TechHub Ltd, apparently one of the hottest tech startups in Australia at the… Read more »
As property prices rise, don’t forget to negotiate your interest rate on your home loan. For years I’ve been encouraging Aussies with a home loan to ring your bank and negotiate your interest rate. So many wait for the RBA to cut official interest rates to save on their home loan when the reality is… Read more »
If you want to skyrocket your finances, then these simple tips will help you to reach your goals. It’s not rocket science, but it works. No matter where you are in your financial journey, you can make improvements to help you reach, or even exceed, your financial goals. There’s no better time to start than… Read more »
You’ll have heard these misleading money tips doing the rounds everyday like they’re gospel. It’s definitely time to hear some better advice! How often has someone told you to avoid credit cards at all costs? Or to start saving for your kids’ education the minute they’re born? These are both common misleading money tips that… Read more »
If you can’t get comfortable with risk, opportunities to grow your wealth are greatly reduced. Because when it comes to investing, the bigger the risk, the bigger the reward. “When confronted with the sharemarket moving up and down, there’s a perception that it’s just too risky,” says Julia Lee from Burman Invest. “There’s a reason… Read more »
We know residential property values have been booming, but it seems we have a two-speed property market. Houses are doing much better than home units. Maybe with all these lockdowns Aussies are chasing more space to cope? Plus the home unit market is affected by an over-supply of stock from new construction and previous Airbnb… Read more »
Liz can’t remember how she landed on the GetCreditScore website back in late 2019. It may have been through a social media ad. Or it could have been through a link in an email. It doesn’t really matter how she got there, though – she’s just glad she did. “I had no debt apart from… Read more »
Given the intricacies and possibilities around home loans, the so-called comparison rate may not always be helpful. As a tool, it can be too blunt for the job. We trust ourselves all the time with the comparisons we make in everyday life between items as varied as shoes, cars and even people. So, we’d expect… Read more »
The ATO has a vigilant tax audit program in place. So at tax time it’s critical to assess the risk profile of your investments and know what they’re looking for. With group certificates and financial year end investment statements about to hit, the attention of most investors turns to tax. The aim is not to… Read more »
