There’s no better time than the present to get your personal finance in order.
Building wealth certainly doesn’t happen overnight and as much as property investment is key, this all begins with how you manage your money.
These articles offer the best advice from finance industry experts so you can learn how to benefit from long-term monetary strategies.
Are you: Tired of meetings that go off track and never leaving enough time to get through all the agenda items? Frustrated with how long meetings take? Concerned with the time it takes to discuss certain agenda items and how people dominate discussions resulting in many decisions being made by the minority? If you answered…
How are you coping financially in these challenging Coronavirus times? New research from Canstar shows 35% of Australian adults (6.9 million people) have experienced impacts to their income and/or employment status due to the COVID-19 pandemic. This increases to close to one in two (46%) mortgage holders. Canstar urges anyone with a home or investment…
In a surprise twist, the flood of government stimulus combined with financial actions of households in response to the COVID-19 pandemic has pushed the nation’s household financial comfort to a near-record high. But troubling data raises serious questions about what will happen if government support is tapered too much and too soon. These are the…
I bet you don’t like paying tax. I know I don’t. But I also recognise that it’s important for all of us to pay our fair share to pay for our roads, police, hospitals and our politicians. Okay maybe we shouldn’t have to pay for the politicians – now that’s being a little bit nasty…
Want to know where Australia’s biggest income earners live? The latest taxation statistics for 2017-18 which are based on the tax returns of 14.3 million Australians tell us where they are. Seven of the nation’s average highest-earning postcodes are in NSW, while six of the lowest-earning postcodes are in Queensland. Sydney’s eastern suburbs dominated the…
Parents serve a very important, basic function in society – they turn children into functioning adults. This is a critical function because without it, society would fall into utter chaos. But if you want more for your children, you must become more to your children, than a parent. You must become a success mentor. About…
I’m not a huge fan of sticking to a routine just for the sake of it. But I’ve learned over the years how important daily habits are for long-term success and wealth creation. These habits and routines are like a ballast. They hold you steady when stress threatens to de-rail you, and they give you…
There are special capital gains tax (CGT) rules you need to know if you’re a foreign resident for tax purposes. These rules will impact you when you sell residential property in Australia. The Australian Taxation Office has lots of information on their website to help you understand some recent changes that affect your taxation obligations…
![The history of money [Infographic]](https://cdn.propertyupdate.com.au/wp-content/uploads/2015/07/piggy-bank-broke-bank-money-lose-saving-270x200.jpg "The construction projects that broke the bank [INFOGRAPHIC]")
Some form of currency has been around for nearly as long as people have walked the earth. From bartering, to trading cattle, to swapping Bitcoins, the following infographic from mint.com explores the evolution of money including the many monetary experiments that have taken place since ancient times. Some forms of currency have stood the test of time…
While it’s always advisable to have a will, not every will is created equally. Amateur wills are generally not worth the paper you’ve written them on, so you should always use a lawyer who specialises in the preparation of wills. Fundamentally, the transfer of assets held in your name (which are also called estate assets)…
