How would you use your tax returns? According to new research from Finder, 1,077 respondents revealed a worrying 1 in 8 Australians (12%) – equivalent to 2.4 million people – admit this year’s tax refund is ‘critical’ to their financial health. Almost 1 in 4 (23%) say cash injection at the end of the financial…
Where are the wealthiest cities in the world? Well, Henley and Partners, a firm specializing in residence and citizenship planning, has unveiled the top 10 richest cities for the year 2023. The list ranks each city based on its resident millionaires. One city in Australia has made it onto the list, highlighting the wealth of…
Selling your home is always a time of excitement because it often means you’re moving somewhere new perhaps because of a work promotion or even a new addition to the family. Regardless of the reason, people buy and sell in every market, so it’s always wise to do what you can to potentially increase the…
Australia’s population growth is booming, with a record high net overseas migration intake and a stable natural increase. We reached a remarkable milestone, as of September 30, 2022, it was now home to 26,124,814 people. The problem is the national population data gets published with about a six-month delay, but you can get more updated…
Well, more Aussies are working more to try to ease financial stress. In fact, a new Finder survey of 1,078 respondents revealed 1 in 4 (24%) – equivalent to 4.8 million people – are being forced to take on additional employment, work longer hours or come out of retirement to make ends meet. The survey…
There are many good reasons to own the roof over your head, but there are some tradeoffs as well. With the added control comes a laundry list of responsibilities. The stability of staying put often means a loss of flexibility and with the opportunity to build equity comes some financial responsibilities. So let’s look at…
No place in Australia faces a brighter future than southeast Queensland, with the potential to secure much-needed infrastructure due to the Olympic Games. This catalyst event can bring infrastructure spending from the future into the present, creating opportunities for growth and development. However, it’s crucial that the region seizes this once-in-a-lifetime opportunity without squandering it….
Homeowners in Sydney, Australia, are holding onto their properties longer than ever. Data from CoreLogic reveals that the median hold period for houses across greater Sydney has doubled from 5.3 years in December 2002 to 10 years in December 2022. For units, the median hold period increased from 4.3 years to 8.3 years over the…
What are your priorities to consider when moving home? Well, new research by NRMA Insurance has found that Australians relocating prioritise researching local coffee shops and dining options over checking the potential risks of wild weather to their safety and property. The latest edition of the NRMA Insurance Wild Weather Tracker revealed that only 26%…
For the first time in six months, the amount of credit card debt incurring interest has decreased, but the total balance of $17.73 billion is still wreaking havoc on the finances of many Australians. The RBA’s latest data reveals that the total debt attracting interest charges has fallen by 0.1% or $19 million from the…
