Australians are “furious” about inflation and it will take the nation years to fully get on top on higher post-pandemic living costs, the Reserve Bank’s deputy governor says. Ahead of the central bank’s meeting later this month on interest rates, Andrew Hauser said inflation remained too high despite Australia’s economy broadly doing well. “People are […]
Australians are ‘furious’ about inflation: RBA deputy Read More »
The Reserve Bank might have to raise interest rates if inflation is higher than expected as oil prices surge back towards $US100 a barrel. More attacks on oil tankers in the Strait of Hormuz drove Brent crude above $US97 a barrel, which will seep into domestic petrol and diesel prices and broader cost pressures for […]
Reserve Bank’s grim rates warning as oil prices spike Read More »
Australia’s peak property season has opened with a whimper, featuring low stock and lacklustre auction success rates. Capital cities hosted just 1462 auctions in the first week of spring – more than 30 per cent down on the figure for a year earlier. The combined preliminary clearance rate hit 52.7 per cent, just 0.4 points […]
Cold start to nation’s normally hot home sales season Read More »
Eligible small businesses can continue to claim an immediate deduction for assets costing less than $20,000. From 1 July 2026, the $20,000 instant asset write-off is permanent, giving eligible small businesses greater certainty when investing in assets. If your business has an aggregated annual turnover of less than $10 million, you may be able to claim an immediate deduction […]
$20,000 instant asset write-off (IAWO) here to stay Read More »
More than four in five Australian business still run their systems on residential internet plans, despite rapidly evolving technology offering faster options. Reliable, fast system access is essential for Project Epic, which provides disability support services and community participation day programs in Sydney’s Sutherland Shire. Demand grew much quicker than expected after sisters Abbey Johnston […]
Four in five businesses still on residential NBN plans Read More »
Starting a business is exciting, but the legal decisions made at the beginning can have long-term consequences. From choosing the right structure to employing staff, signing contracts and protecting your brand, there is much more involved than simply registering a name and opening the doors. Choose the right business structure One of the […]
Starting a business: The legal foundations you need to get right Read More »
Money is something we use every day, yet many people go through life without ever developing a clear understanding of how it actually flows through their household. Income comes in, expenses go out, bills are paid and, hopefully, something is left over. But understanding money is about much more than simply earning enough to cover […]
From cashflow to wealth: How understanding your money changes everything Read More »
When you first start working, superannuation can feel strangely irrelevant. You earn your wage, money arrives in your bank account, and a separate amount disappears into something called “super”. You cannot use it to pay the rent, buy a car, go on holiday or cover this week’s groceries. For someone in their late teens or […]
Superannuation: The silent asset that could become one of your greatest Read More »
Aged care is rarely something families want to think about before they need it. Unfortunately, waiting until a hospital admission, fall, illness or other crisis can mean important decisions have to be made quickly and under considerable emotional pressure. For an ageing person, the transition towards needing additional support can also raise concerns about […]
Top 5 aged care concerns — and how the right advice can help Read More »
Australia’s largest home lender has warned property prices could fall in capital cities by 10 per cent, with the downturn faster and broader than expected. The Commonwealth Bank said in a housing update it expects a deeper correction in the property market than anticipated, with the falls extending through to April next year. The bank […]
Property market to face ‘deeper correction’, bank warns Read More »
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