While the Federal Treasurer and PM put on dour faces and complain about how tough the impact of higher interest rates and inflation is having on the average Australian… they are quietly counting the dollars they’re reaping in the background. Yes, iron ore and coal exports have been booming and the lower Australian dollar is… Read more »
Australian household savings rates have reached lows not seen for more than 15 years. Australians built a huge savings war chest during COVID (lockdowns prevented us going out and spending) which has helped us fight inflation and rising mortgage repayments. We’ve dipped into our savings to cover the cost increases and still maintain our spending.… Read more »
I know you’re sick of me always saying you need to constantly shop around for the best deals on everything. But it’s so important. Those who have been following me for a while know my wife Libby is the world’s best when it comes to household finances… she has managed ours ever since we were… Read more »
Sydney property has better investment potential than Perth property – right? I’ll declare my bias up front. My daughter and son-in-law moved to Perth as the pandemic started and have been looking to buy after renting for a few years. They have a townhouse in Sydney and the family discussion has been around the usual… Read more »
If you’re like most people at the moment, you’re probably sick of hearing about the cost of living crisis and endlessly rising interest rates. Here’s one actionable solution to help put more money back into your pocket. Retirement might not be top of mind for you right now, but the good news is you can get… Read more »
I often talk about plugging the financial leaks in your life to make ends meet; those expenses you lose track of which mysteriously siphon cash. Comparison site, Finder surveyed of 1,090 people and found 41 per cent have made a financial blunder in the last 12 months – and I reckon the other 59 per… Read more »
Superannuation is the third most important weapon you have in your ability to build wealth, behind your capacity to earn income and owning your family home. The issue is that because it gets compulsorily deducted from our wages each month, we often don’t give it the attention it deserves. It grows almost by stealth. But… Read more »
At this time every year I remind share investors that an increasing share price is not the only way to make money in equities. The power of dividends is often overlooked by investors to their financial disadvantage. Australia has some of the highest dividend paying companies in the world. It’s also generally agreed that shares… Read more »
Raging inflation, massive increases in interest rates, the global economy weakening… and the ASX-200 share index went up 10.14 per cent. Who would have thought? With so much doom and gloom around, share investors well and truly beat inflation and interest rate returns. I love a good dose of perspective. But remember this is the… Read more »
Property values are all about demand and supply, but obviously it’s a bit more nuanced than that. Here are the most common reasons why a lot of property forecasters get it so wrong. There is absolutely no shortage of data or commentary when it comes to the property market or forecasts about where it’s going.… Read more »
