savings

The COVID-19 pandemic has led to household wealth hitting a record high as Australians stashed their cash during a year plagued with volatile markets and an economic shutdown. Total household wealth increased 1.7% to a record high of $11.35 trillion ... More

Property has had a rough time of it during the COVID-19 pandemic, with many investors turning to other asset classes. But housing affordability is the best it's been in 18 years, and growth is on the way. The dream of owning your own home used to define ... More

Where would you invest $10,000 ? We spoke to eight finance experts to find out what they would do with such a windfall. The advice I would give myself is the same I would give to any of my clients - firstly, let's have a good look in the mirror ... More

Lifting the super guarantee would mean more superannuation in retirement but lower wages today, according to the findings of the long-awaited Retirement Income Review. The report found that lifting the super guarantee (SG) rate to 12% would lead to ... More

In about six years my husband will turn 60. He will likely retire from his current role. We are hoping to then buy a caravan and travel around Australia for a year. I have estimated we will need about $100,000, which equates to saving about $650 per ... More

Eleven million Aussies are in line for tax cuts following the Federal Budget release earlier this month. The question now is what to do with it. The measures are expected to see lower and middle-income earners receive tax relief of up to $2745 for singles ... More

Comedian Ben Lomas was working on The Project and Ninja Warrior and about to debut his new stand-up act at the Melbourne International Comedy Festival when COVID-19 hit. He lost a year's worth of work in nine days during Melbourne's first lockdown. ... More

Starting a family, or planning to start a family, can be a joyous and exciting time. But make no mistake, it can also be a challenging time and an emotional rollercoaster. To help smooth the journey it is important to get on top of your day-to-day finances ... More

Savings and term deposit account holders have missed out on about $1.6 billion dollars over the last half year as banks slowly lower rates. The research by comparison site Mozo.com.au observed 257 rate cuts to bank accounts, 635 rate cuts to savings ... More

I'm 28 and my partner is 27. We have a one-year-old child. I work full time and my partner part time. Our combined income is about $180,000pa; the mortgage on our house is $320,000 with $100,000 of savings in an offset account. I have $130,000 in ... More