Finance News
So last night was federal budget night, Jim Chalmers’ first as Treasurer and the first for the Albanese government. Here are my key take-aways: Australians don’t care how much debt the Government is in. Real wages will not start to grow until 2024, when unemployment is tipped to have increased by 1% to 4.5%. Electricity prices…
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Many of us believe we’re long-term investors. When we say long-term, we’re suggesting 5+ years at least. And I use the word believe deliberately, as for those not nearing retirement, investments in superannuation count as a long-term. However, with daily online access to your account and regular finance updates, some investors may feel that going even a…
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You now have just a few days to vote, and as expected both major parties have pulled a few rabbits out of their hats. But it’s quite staggering that even after all the restrictions and lockdowns, the pollies still haven’t worked out that we don’t like being told what to do. In the COVID…
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We’ve all heard about it, and now we’re all feeling it. Inflation is real, it’s sending our cost of living through the roof, and there’s no relief in sight. After two years of governments throwing money at us throughout the pandemic, we’re now left with no choice but to stand on our own two feet…
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There’s been a lot of talk as we’ve emerged from the pandemic that official interest rates are set to head upwards for the first time in a very long time, and for me, yesterday’s RBA meeting solidified that further. As I’ve said before, I expect there’ll be an increase to official interest rates in…
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By now you’ll be well aware that last night was federal budget night and Treasurer “Dosh” Frydenberg has done his best to butter us all up before the upcoming (but as yet unannounced) election. I’m sure you’re across all the spending and you don’t need me to tell you about it again, but where…
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Have you felt the pain at the petrol bowser yet? Blame Vladimir Putin. The Russian President’s invasion of Ukraine is already having global impacts. While Ukrainians suffer through the very real fear and danger of missiles raining down on them, the rest of the world has also started wearing the consequences, as the sanctions…
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The floods in NSW and QLD are beyond devastating, with flood waters in some cases up to 15 metres. Unthinkable really, and our thoughts and prayers are with our neighbours in the north. However, we’re a nation that’s used to natural disasters, from floods, to storms, to bushfires. And the conversation that often arises when these…
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