How to build an emergency fund

If there’s one thing the COVID-19 pandemic has shown us, it’s that the unexpected can happen at any time. And, while there are many things in life you can’t control, you can make sure you have enough funds put aside to help you get by. Here’s how to build your emergency savings, even on a […]

Latest round of flood support unveiled

FRESH FEDERAL FLOOD SUPPORT PACKAGE A further round of federal financial assistance has been unveiled for flood-affected residents in northern NSW, as clean-up efforts intensify. INITIAL MEASURES * Two more weekly disaster recovery payments of $1000 per adult and $400 per child will be made to residents in the Lismore, Richmond Valley and Clarence Valley […]

Fewer seek help with mobile phone bills

The number of internet and mobile plan customers experiencing financial hardship has fallen in the past year but more must be done to alert people to available support, the communications regulator says. A report by the Australian Communications and Media Authority found 28,000 residential and more than 2000 small business customers took part in a […]

Business structuring

Female leaders make for good stock picks

Several companies listed in Australia, including Xero and BHP Group, are included in a new global equity fund that tracks organisations that have a high percentage of women in leadership roles. Kim Fournais, co-founder of Danish trading and investment bank Saxo, told AAP that companies with balanced leadership teams tend to be more profitable and […]

RBA boss warns borrowers rates will go up

Colin Brinsden, AAP Economics and Business Correspondent (Australian Associated Press)   Reserve Bank governor Philip Lowe has warned people taking out loans that the central bank’s aim is to normalise monetary policy after the shock of the COVID-19 pandemic and get interest rates up. He told an economists’ lunch on Tuesday that Australian households already […]

Paying down debt: The smart strategies

Money and Life (Financial Planning Association of Australia)   To get on top of your finances, clearing debts is essential but how can you find a strategy that’s going to work for you and your money habits?  Explore some of the ways to go about tackling your debts so you can start working towards your […]

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