Research from Compare the Market’s new Household Budget Barometer has revealed the nation’s surprising financial fears for the next 12 months. According to the report, the cost of groceries, energy and fuel are the bills that Australians believe will cause the most pain in the next year. In fact, a whopping 66.4 per cent of… Read more »
This week the Reserve Bank (RBA) started to rebuild its credibility and get ahead of the inflation curve by lifting official interest rates by a higher than expected 0.5 per cent to 0.85 per cent… the biggest rate hike in 22 years. It follows well behind similar rate rises by Central Banks in the UK,… Read more »
Regardless of financial position or socio-economic status, we’ve all endured financial stress at one point or another. If you are under financial stress at the moment, you’re not alone. The NAB Household Financial Stress Index found that on average, Australians feel they are getting worse off financially. A huge one-third of survey respondents said they… Read more »
Each week we ask a question to help you focus on an area of your finances that might need a closer look. This week: How can I reduce my money anxiety? It will come as a surprise to precisely no one that general money stress has ramped up over the past couple of years. Despite… Read more »
