Financial responsibility refers to the practice of handling money and other assets in a way that is in your (as the owner of the assets) or your family’s best interest. Being financially responsible entails a certain level of proficiency in seeing beyond current wants to meet future needs. However, it takes time and practice to develop this mindset […]
Financial responsibility Read More »
Retirement is a time to sit back and enjoy the fruits of a lifetime of hard work. However, retiring without adequate financial resources can be a recipe for disaster. Financial stability is crucial if you want a comfortable and fulfilling retirement. Ensuring your financial health will help you avoid the stress and uncertainty that come […]
Financial Stability: The Key to the Ideal Retirement Read More »
It’s easy to make mistakes with money, especially if you’re unaware of how dire the consequences of your actions could be. Here, we’ll look at some of the most common financial mistakes people commit that frequently result in severe financial difficulties. Even if you’re not financially secure at the moment, avoiding these errors would be […]
The most common financial mistakes Read More »
Australian businesses have so far proven resilient to high inflation and interest rates, with business activity returning to pre-COVID levels. CreditorWatch’s monthly business risk report shows several indicators of business activity rebounding to pre-pandemic levels despite mounting challenges. Business-to-business trade receivables, the average value of invoices, lifted 45 per cent year over the year to […]
Business activity recovers to pre-COVID levels Read More »
With interest rates rising almost everywhere, including Australia and the United Kingdom, people have begun tightening their purse strings as best they can. However, decreasing spending to ensure your expenses match your reduced budget could mean barely any savings or none at all. Good thing there are several ways by which you can not only […]
Ways to save money around the home during times of rising interest rates Read More »
A disparity between how much of the economic benefits the vast majority of Australians get compared to the top end of town has been described as “inequality on steroids”. A new report shows 90 per cent of Australians received just seven per cent of the benefits of real economic growth over a decade from 2009. […]
Economic benefit going to rich ‘inequality on steroids’ Read More »
Unlike buying residential real estate, investing in commercial property is generally viewed as the territory of more seasoned, wealthy investors. However, as long as you’re willing to learn and put in the work, there’s no reason you can’t succeed when you venture into the world of commercial real estate. After all, if you can, diversifying […]
5 Key considerations when investing in commercial property Read More »
Retirement always seems to be far away; until it isn’t. Many retirees realise too late that they are running out of money much sooner than expected. Therefore, Australians planning for retirement need to reconsider their assumptions regarding how much planning they have to do and how much money they need to live comfortably in their […]
Want a comfortable retirement? Here’s what you need to do… Read More »
A tepid lift in retail sales suggests squeezed household budgets are keeping shoppers away from big-ticket items but consumers aren’t fully boycotting the shops just yet. Official retail sales rose a modest 0.2 per cent in February in line with consensus forecasts, down from a 1.8 per cent lift in January. The indicator, one of […]
Spending slows as households start to shut up shop Read More »
Renters, single parents, women, students, the unemployed and people with a disability are the Australians most at risk of poverty, a new study has found. The Australian Council of Social Service (ACOSS) partnered with the University of NSW to examine which groups were at risk of poverty in their lifetimes. The study found the depth […]
Study shines light on depth of poverty in Australia Read More »
"Need-to-know" legal and commercial information to help you and your business prosper.
