Finance News
With the constant fluctuations in markets and the economy in recent times, there’s never been a starker reminder of how big a problem financial literacy is in our community – or rather, financial illiteracy. From recent conversations I’ve had, it’s pretty clear a large percentage of people really struggle to understand what rising inflation…
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“We’re just taking it one week at a time.” If you’re a footy fan, you hear it every week. And you might be tempted to take the same approach with your finances at the moment, given how quickly the world is changing. However, in the money world, I reckon the saying should be, “we’re just…
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2019 has been a year of unexpected outcomes. On reflection, if you’d told me 12 months ago that we were going to have three interest rate cuts, Scott Morrison was going to win the election, and the property market was going to boom, I simply wouldn’t have believed you. And yet, here we…
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Last Monday marked one month until Christmas day. Christmas is a joyous time of year where we get to catch up with friends and family, and spend stupid amounts of money that we’re not prepared for, which will catch up to us come January. That’s why the time is right to have a…
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At what point should the value of the family home be taken into account when assessing an individual’s or a couple’s entitlement for the pension? There’s been a proposal from an ACT academic to reduce the pension for older people whose homes are valued at more than $2 million. He says this would save the…
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Sometimes you come across a bit of information that makes you just about fall off your chair. Here’s one: this week Australians are going to spend more than $1.6 million buying pumpkins to carve into jack-o-lanterns. Yep, you heard right, $1.6 million! That’s 500,000kg of inedible pumpkin! The reason is that in Australia, Halloween has…
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Last week’s events including RUOk Day resulted in the opportune time to talk about how small business owners can deal with mental health issues in their businesses. The statistics around mental health and suicide in Australia are truly staggering: · 65% of small business owners have a mental health condition · 54% of people who have…
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Spring has sprung, which means it’s time for the annual spring clean to begin. And I’m not talking about weeding the garden – September is the perfect time to do a financial spring clean! Guru tip 1 – in this falling interest rate environment, there’s never been a better time to get a better home…
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