Finance
PM asserts budget created space for RBA to pause hikes
5 July
The Albanese government says its budget strategy has taken pressure off the central bankâs need to hike interest rates. But the opposition says it could be doing more. Prime Minister Anthony Albanese said the last budget, handed down in May, was...[Read More]
Australia not expected to enter recession.
5 July
Acting Treasurer Katy Gallagher has called on the states and territories to better âphaseâ their massive infrastructure projects, but stopped short of labelling them inflationary. Senator Gallagher said the federal government was working with...[Read More]
Amounts you do not include as income in your tax return
5 July
You may receive money that you donât need to include as assessable income in your tax return. You may still need to report these amounts so we can work out your tax losses or eligibility for tax offsets or benefits. Amounts you donât include as...[Read More]
Interest rates paused as Reserve Bank mulls economy
5 July
RBA DECISION-MAKING BEHIND THE LATEST RATE PAUSE The Reserve Bank of Australia board has decided to keep the cash rate steady at 4.1 per cent for July. * Hiking interest rates by four percentage points since May 2022 is working to âestablish a...[Read More]
Australia to ease visa rules to boost Indonesian ties
5 July
Australia will make business travel for Indonesians easier under a deal to be struck between Anthony Albanese and President Joko Widodo. Mr Widodo was formally welcomed in Sydney on Tuesday on what will likely be his final official visit to...[Read More]
Aussie farmers âlead worldâ in sustainable agriculture
5 July
Pesticide and fertiliser use by Australian farmers is among the lowest in the world, according to research which found the nation is leading the way in reducing agricultural land use. Analysis by the Australian Bureau of Agricultural and Resource...[Read More]
Learning From Bananas: Insights Into Stocks and Bonds as Investments
29 June
In the world of investing, stocks and bonds often take centre stage. They represent two of the most common types of investments, each offering unique benefits and risks. As an investor, understanding stocks vs. bonds is key to building a diversified...[Read More]
The Impact of Regular Exercise on Your Mental Well-Being
29 June
Health and fitness go beyond physical well-being; they also play a significant role in maintaining mental and emotional health. Among the various wellness strategies, regular exercise has been proven to have a profound impact on mental...[Read More]
Cost-of-living relief on the way for some households
29 June
The cost of living continues to bite household budgets across the country but the federal government is promising measures to ease the squeeze are on their way. The start of the new financial year on July 1 will bring a 15 per cent pay rise for aged...[Read More]
Whatâs new for individuals tax
29 June
Before you complete your tax return for 2022â23, find out whatâs new and any changes that may affect you. Working from home deduction changes The fixed rate method for calculating your deduction for working from home expenses has been...[Read More]
Oliverâs insights â Australian recession Q&A Why the worry? Whatâs the risk? And what would it mean for investors?
29 June
Key points â The risk of recession globally and in Australia has increased with ongoing central bank rate hikes. â Signs of faster wages growth has seen the RBA turn more hawkish. The risk of recession here is now around 50%. â Recession...[Read More]
Aussies struggling on utility bills, say Salvos
28 June
More than half of financially vulnerable Australians cannot afford to pay utility bills on time, new Salvation Army research has found, as cost of living pressures continue to mount nationwide. The survey found 64 per cent of those polled did not...[Read More]
Worldâs mining minds drill down on critical minerals
28 June
BHP has used a global mining conference to take a swipe at Australian governments for getting in the way of critical minerals expansion. âI wish I could say that all the settings are moving in the right direction, but unfortunately for the nation...[Read More]
Turn Your Passion Into Profit: Starting a Business After Retirement
22 June
For most people, retirement is a time to kick back, relax, and enjoy the fruits of their labour. However, itâs not uncommon for some to realise they cannot afford the retirement lifestyle they envisioned. Boredom can also set in, so you might feel...[Read More]
What is Ethical Investing, how do you do it?
22 June
Investing is typically perceived as a wealthy-only pastime with no regard for the environment or social issues. However, that is not always the case, and the old mindset of making money for its own sake doesnât need to stay. People have become...[Read More]