It may be a new year, but the Reserve Bank has delivered a familiar result and a further blow to Australians homeowners with a mortgage. The RBA lifted the official cash rate by 25 basis points to 3.35% at its first board meeting of 2023 this afternoon ...
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$5 note gets an overhaul, where to earn 10% returns in 2023, and 1 in 8 fudge home loan applications. Here are five things you may have missed this week. Change for a fiver? The Reserve Bank has decided to update the $5 banknote to feature a new design ...
It's a new calendar year and, for many Australians, possibly a new business venture. There are plenty of boxes to tick before you can start trading, such as finalising your business planning, settling on a trading structure, getting an ABN, finding ...
According to some reports, $99 billion worth of mortgages are coming off a fixed rate in the second half of 2023 from Australia's two biggest banks alone. It is such a significant figure that it's being termed the mortgage cliff. With interest rates ...
HESTA is once again calling for the Australian government to address gender inequities in superannuation and improve financial security for women. In its pre-budget submission, the super fund said tracking and closing gender gaps remain its top priority. ...
Hearing from people that they've used their superannuation money to buy a property might leave you feeling like you are missing out on some property market 'magic trick'. So, how does it work? One of the growing ways people manage their ...
From the introduction of the YourSuper comparison tool and super stapling, to increases in the minimum guarantee rate, there's been a great deal of reform in the world of superannuation over the past few years. 2023 is no different, with a number of ...
The Australian Competition and Consumer Commission (ACCC) has targeted social media influencers who use misleading testimonials and endorsements. The ACCC says it's "sweeping" more than 100 social media influencers from over 150 consumer tip-offs ...
Dear Paul, We own our hobby farm valued at about $1.2 million and owe $340,000 on an investment property that is in a beach-side town and rented out as an Airbnb. It is valued at about $450,000. We have $300,000 in combined superannuation at ages 47 ...
Is 2023 the year you take the plunge and buy an investment property? On this episode of Friends With Money, Money's senior journalist Tom Watson is joined by Arjun Paliwal, the director and head of research at buyers agency InvestorKit, to take ...
