Finance
Weekly market update-Investment markets and key developments (2/6/23)
June 7, 2023
Global share markets rose over the last week with US shares up helped by the debt ceiling deal and Fed signalling of a pause in rate hikes this month. For the week US shares rose 1.8%, Eurozone shares gained 0.04%, Japanese shares rose 2% and...[Read More]
The Importance of Estate Planning: Safeguarding Your Family’s Future
June 8, 2023
Planning for the future is essential, especially when it comes to ensuring the security of your loved ones. Estate planning, while often overlooked, is a crucial aspect of financial management that can safeguard your family finances. It encompasses...[Read More]
10 Benefits of Doing Something You Love Every Day
June 8, 2023
Engaging in activities that you love is not only enjoyable but also offers a multitude of benefits that can enrich your life in various ways. So, if you’re on the fence about indulging one or some of your life’s passions, here are some...[Read More]
Year-round maintenance tips for your home
June 8, 2023
A lot of property owners take a very casual approach to the upkeep and repair of their house or building. They usually wait for something to break, clog, overflow, leak, jam or fail catastrophically before addressing the problem. Others are...[Read More]
Inflation-beating pay rises can’t be widespread: RBA
June 7, 2023
The wages of the lowest-paid workers should be protected from the rising cost of living but not everyone should expect a pay rise that eclipses inflation, the central bank head says. Reserve Bank of Australia Governor Philip Lowe has clarified his...[Read More]
Australia’s economy expands 0.2pct in March quarter
June 7, 2023
The Australian economy grew 0.2 per cent in the March quarter, following a 0.6 per cent lift in the three months to December. On an annual basis, gross domestic product as calculated by the Australian Bureau of Statistics lifted 2.3 per cent. The...[Read More]
Australia to scrap cheque payments within seven years
June 7, 2023
No more cheques will be cashed after 2030 as the treasurer signs off on an end date for the paper-based payment. The decision to phase out cheques before the end of the decade falls under the federal government’s plan to modernise the nation’s...[Read More]
Cash rate rises to highest point in more than 11 years
June 7, 2023
RESERVE BANK LIFTS RATES The Reserve Bank board has decided at its June meeting to raise the cash rate by 25 basis points to 4.1 per cent, the highest point since April 2012. * The RBA says wages growth has picked up in response to the tight labour...[Read More]
Treasurer maintains growth view despite fresh rate hike
June 7, 2023
Treasurer Jim Chalmers has sought to allay concerns of a recession in the wake of a 12th interest rate hike. The 25 basis point increase brought the cash rate to 4.1 per cent and in total the bank has delivered 400 basis points of rate hikes since...[Read More]
Citrus growers hope to squeeze more from Chinese market
June 7, 2023
A move by China to approve more Australian citrus, stone fruit, mangoes, and cherries to be sold into the Chinese market could be worth millions of dollars to those industries. Chinese authorities have updated a list of approved Australian producers...[Read More]
Oliver’s insights – sell in May and go away? The worry list for shares (and the good news!)
May 31, 2023
Key points – Shares are vulnerable to a pull back in the months ahead reflecting the rising risk of recession on the back of central bank tightening and weak seasonal influences. – Falling inflation should enable central banks, including the...[Read More]
Aussies allowed to live longer in the UK under new deal
May 31, 2023
Young Australians will be able to live and work in the UK longer and take advantage of a special visa up to the age of 35 under eased rules agreed between the two nations. The free trade deal between Australia and the UK has come into effect, with...[Read More]
Dealing With Higher Inflation: Strategies to Thrive Amidst Rising Costs
June 1, 2023
The cost of living continues to rise, and many are feeling the pinch. However, there are ways to navigate and adapt to this challenging financial landscape. If you’re looking for practical solutions and workarounds to help you tackle higher...[Read More]
10 Essential Winter Home Maintenance Tips
June 1, 2023
While winter in Australia may not be as harsh as in other parts of the world, it’s still essential to keep your home in tip-top shape during the colder months. So, if you need a handy winter home maintenance checklist, this is for you. Use this...[Read More]
Struggling to make mortgage repayments? Here are some steps you can take
June 1, 2023
Owning a home is a significant milestone. However, the financial responsibility of mortgage repayments can be daunting for some homeowners. In times of financial difficulty, it’s essential to find ways to manage your mortgage and avoid defaulting...[Read More]