Your credit score is a numerical indicator lenders use to determine how risk-free you are as a borrower. It is based on the details in your credit report, such as your borrowing history and whether you have made timely payments. People with low credit scores may be considered a larger risk. This can make […]
Have you ever thought about life after retirement? If you have, you most likely think about the best things in life: a happy family, good health and wealth. The only way to make this dream retirement a reality is to have the right retirement plan. Below are some tips for an amazing life after retirement. […]
Intellectual property (IP) represents creations of the mind and encompasses various legal protections. Here’s an insight into the primary types of IP: Copyright Copyright law shields the original expression of ideas, including literature, music, and art. Unlike the idea itself, the way it’s expressed is protected. For instance, inventing cold fusion isn’t protected […]
If you’re investing in real estate for resale, you need to know what types of renovations to prioritise. This can help your property create some buzz in the market, with a price you can easily justify to serious buyers. Struggling with what improvements you need to invest in? Worry no more because we’re here to help. […]
States are split on the federal budget as the two most populous jurisdictions question their GST shares, while resource-heavy Western Australia counts its riches. NSW will be the biggest loser from the annual GST distribution set out in the budget papers, which say it will receive more than $1.9 billion less in 2024/25 than projected […]
While the federal government says its budget will lower inflation, analysts counter that broad cost-of-living relief, such as energy rebates and tax cuts, could make things worse. An expanded version of the energy-bill relief delivered in last year’s budget and another boost to Commonwealth Rent Assistance are expected to help tame the consumer price index. […]
A much-vaunted plan to make Australia a nation that makes things again is a good start but needs more work, business groups say. The centrepiece of Treasurer Jim Chalmers’ third budget was the $22.7 billion Future Made in Australia fund to bring manufacturing back onshore and respond to the United States’ ramping up of clean […]
Up to four million small businesses will continue to receive tax relief as they battle slowing consumer spending, but calls to increase support have been unheeded. The instant asset write-off has been extended until the end of June 2025, allowing businesses with an annual turnover of less than $10 million to deduct the full cost […]
Workers will see their pay packets grow in real terms for at least the next five years, flying in the face of ingrained inflation fears, the federal government predicts. Continuing strength in the Australian labour market is expected to result in a four per cent rise in wages growth in the 2023/24 financial year, outstripping […]
FEDERAL BUDGET SUMMARY ECONOMY * Budget surplus of $9.3 billion in 2023/24 * Deficits of $28.3 billion in 2024/25, $42.8 billion in 2025/26, $26.7 billion in 2026/27 and $24.3 billion in 2027/28 * Commonwealth net debt rising to $552.5 billion (20 per cent of gross domestic product) in 2024/25, before hitting $697.5 billion (21.9 […]
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