Personal Finance Tips


Cutting Sunday penalty rates will hurt young people the most

The Fair Work Commission’s latest decision to cut certain Sunday and public holiday penalty rates continues a tradition of undervaluing young workers, writes… Shirley Jackson, University of Melbourne The Fair Work Commission decided to cut Sunday and some public holiday rates of pay across the hospitality, retail, pharmacy and fast food industries for full time,…

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1 in 2 Aussies fear they couldn’t afford for something to go wrong

Cash-strapped Australians fear they don’t have enough savings to cope with the financial shock of an unexpected event, according to  New data released by, which surveyed 2,031 Aussies, discovered 58% of people fear they couldn’t afford a surprise expense such as a medical emergency. That’s equivalent to 10.5 million adults who believe they…

gold eggs in nest from hay on table

How to take advantage of the super changes

Following the changes to super made by the Turnbull Government in 2016, there are a few financial planning opportunities that you should be aware of.  Super contribution planning can be deferred until May each year Self-employed people currently have greater flexibility with how and when they make super contributions. Unfortunately, employees can only make additional super contributions…

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Something borrowed, something new: Newlyweds saying ‘I don’t’ to merging finances

Do you and your significant other share bank accounts? Interestingly two-thirds of recently married Australians aren’t saying ‘I do’ to merging financial accounts, according to  The study of 1,006 recently-married Aussies found almost half (43%) have separate daily transaction accounts, while nearly a third (32%) have standalone savings accounts. Twenty one percent of Aussies have…

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