The federal government has tried (via 2009 legislation and later instructions to banks from APRA, the Australian Prudential Regulation Authority) to ensure that mortgage borrowers will be able to
It’s been a while since you last had a salary increase, so the amount you could borrow as a home loan is the same as last time you checked, right?
It was a quarter of two halves. Overseas, the US and Iran agreed to end their war, sending oil prices tumbling and sharemarkets rallying. At home, households copped
Australian Tax System 2.0 A Simpler, Fairer and More Sustainable Tax System for Australia? Firstly, I deal with tax a lot as part of my job, but I am no
A blunt message. Australians are losing billions of dollars every year to scammers. The victims are not stupid. They are teachers, tradies, nurses, accountants, business owners, retirees, university students and
How many subscriptions does your household currently have? Most of us, when we consider subscriptions, think Netflix, Prime, perhaps an online newspaper or magazine. But if you pause for
With thanks to Dr Shane Oliver, Head of Inv Strategy and Chief Economist, AMP Diana Mousina, Deputy Chief Economist, AMP My Bui, Economist, AMP Key points Angst about economic conditions
Not so long ago, a six-figure salary was considered a solid income. But you didn’t suddenly become extravagant, so why are you now feeling like you need to tighten
About one in 10 families in Australia is a blended or step family, according to census data, and this trend has increased in recent years. Blended families can work well,
There’s no such thing as a perfect number of bank accounts that will suit everyone. But there are good reasons for avoiding the extremes of having only one account
The core purpose of budgeting is to control cash flow: cash in, cash out, and what’s left over. Kudos to you if you’ve created a budget where your annual
As 30 June approaches, now is a timely opportunity to review your financial position and consider strategies that may help reduce tax, boost your super and strengthen your long‑term financial