What if nearly everything that’s been written about this month’s Intergenerational Report is wrong? I’ll explain. But first, here’s a sample of the headlines: “Young Australians at risk of a poorer future”, “Fewer workers to shoulder soaring income tax”, “Ageing population driving $140 billion blowout in spending”, and so on. On radio it was worse….
In today’s podcast episode, we delve into the complex world of money well-being with financial guru, Manisha Thakur. Manisha shares her personal journey of overcoming the ‘never enough’ mindset and explores the psychological aspects of money. We discuss the societal pressures that equate happiness to more money and possessions, and how this can lead to…
We are in the midst of a generational landmark, as Australia’s “Digital Integrators” (Generation Z) begin to enter the workforce and Generation Alpha move through their schooling years. Below we provide an explanation of each of these generations and some interesting facts about them. Generation Z The students of our world today who are currently…
Cost of living pressures are acute for some, but in different ways for different types of household. The Australian Bureau of Statistics consumer price index has climbed by 6% per year for each of the past two years. In the decade before that, it only climbed by an average of 1.8% per year. So, on…
Are your renters hiding something from you? Well, according to Finder’s new research, many Aussie renters admit to being less than truthful with their landlords. The survey with 810 renters revealed a quarter (26%) have hidden parts of their lives from their landlord or real estate agent – equivalent to 754,000 people. Have you ever…
Australia presents a mixed picture of national well-being, according to the government’s Measuring What Matters report released by Treasurer Jim Chalmers. On the positive side, over the past two decades, life expectancy has increased, income and job opportunities have improved, and we are better at accepting diversity. But Australians now have more chronic health conditions,…
In today’s Big Picture’ episode with Pete Wargent we take an in-depth look at the complexities of Australia’s housing market, economic trends, the impact of generational wealth transfer, and the ripple effects of various factors on the country’s economy. Whether you’re an investor, a homeowner, or just a curious mind, this monthly deep-dive promises to…
The fixed-rate cliff, a term that has become colloquially known in the Australian financial landscape, is a subject that’s been garnering attention lately. With over $100 billion in fixed-rate mortgages set to expire by the end of the year, it’s time to delve into what lies on the other side of this cliff. The Fixed-Rate…
It’s an age old question. Which generation had it better? The debate over whether older generations faced unfair advantages to purchase property has soured family gatherings throughout the world. The answer is complex. Baby Boomers and Gen Xers faced different hurdles to homeownership, with the Australian cash rate sitting at 17% in 1990 and the…
What resources do you use to make your financial decisions? Surprisingly a third of Aussies turning to social media to help make financial decisions. Households across all corners of Australia are dealing with a financial crisis like no other, and alarming data from Compare the Market’s new Household Budget Barometer reveals that a staggering number…
