John Durkan, Coles's managing director, seemed rattled on last week's Wesfarmers conference call. Now we know why. Woolworths produced 3.1% same-store sales growth in the second quarter of 2017 - much better than anyone expected. Coles's comparable ...
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Only a bond is a bond Imagine your adviser telling you not to buy the shares you own on the ASX. That you should instead invest in shares via a managed fund or exchange traded fund (ETF). You lose transparency and cop a layer of fees. But if you believed ...
No place for a princess If there is one financial message to pass onto your daughter, it is to be financially independent. Always emphasise that she doesn't need to rely on anyone for financial support apart from herself. It isn't what the fairytales ...
Over the past 12 months, the words "property oversupply" have been bandied around a lot. However, recent data from SQM Research shows that most markets actually have an undersupply problem. According to the research, listings across the combined capital ...
They want more superannuation education, believe the time to start caring about super is now, and are more likely to turn to Google than a financial planner for money advice. This is what young Aussies are thinking when it comes to superannuation, according ...
The memories of Christmas might be fading but many Aussies will still be paying off credit card debt six months after the festive season. Roy Morgan research for the Salvation Army shows 1.8 million people will take two to three months to pay off their ...
One in three Aussie marriages ends in divorce, which costs the economy $14 billion each year in government assistance payments and court expenses. Each time an individual divorces their assets shrink by 9% - and it takes an average of five years to ...
Lonely hearts should be wary of scammers when looking for love online this Valentine's Day, warns the Australian Competition and Consumer Commission (ACCC), with social media now the most common method scammers use to contact potential victims. In 2016 ...
Finding the right home loan is like finding the right partner, writes Gateway Credit Union CEO Paul Thomas. What are you looking for? Anyone who has taken out a mortgage or is about to take out a mortgage understands that choosing the right home loan ...
The Reserve Bank announced the cash rate will hold at 1.5% yesterday, after its first meeting for 2017. Despite this marking the fifth consecutive meeting (in six months) with no change, home loan rates have been steadily rising since late last year. ...
