The Treasurer wants you to spend your tax cut. Personal finance experts think otherwise. Here's what to do with the extra cash that will be in your pay.
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Once you've spent money on something, you feel pressure to stay the course even when it's not working out. Why? It's a little thing called the sunk cost fallacy.
When Australians took to Twitter during tonight's Budget Speech, it was less to celebrate what was included in the government's spending plan, and more to point out just what was missing.
Prospective mortgage holders, those with variable loans or those looking to refinance have been denied further relief from the RBA.
Ten thousand Aussies will be one step closer to buying their first home after the government extended the First Home Loan Deposit Scheme.
"These proposals are the kind of short-sighted thinking that led to the global financial crisis," says Consumer Action Law Centre CEO Gerard Brody.
The economy generated 111,000 new jobs in August but the gains may be fleeting, with more financial pain ahead for struggling Aussies.
How long will it take for the nation to recover from the coronavirus crisis? We asked six economists for their take on how tough the next few months will be.
With $100,000 in offset against their home, Nick and his wife are keen to start investing. "If your work is not secure, I'd be hanging onto your cash," says Paul.
Legendary investor Warren Buffet turns 90 on Sunday, but will it be a happy birthday for the Oracle of Omaha after this announcement?
