Should you pay off your mortgage sooner?

It’s been a long-held Australian tradition that the mortgages on our homes must be paid off sooner rather than later. I’m sure you remember your parents scrimping and saving so they could own the roof over their heads before they retired. But is it a sound strategy to pay off your mortgage faster? Good debt,…

Australia’s got a dirty secret and it's worth $11 billion

We’re a nation of secret spenders, new research by, one of Australia’s biggest comparison websites, reveals. Australians spend a massive $11.3 billion per year – or, on average, $2,713 each on sneaky purchases they don’t tell their partner about.   The survey of 1,035 Australians found that on average men spent $4,596 per…

Australia ranks 13th highest national debt out of G20 nations

With the G20 Leaders’ Summit held in Brisbane this weekend, has compared how each of the 20 nations financially stack up against each other. Out of the G20 nations, the European Union holds the biggest national debt, with a whopping US$14.8 trillion (A$16.8 trillion). This isn’t surprising given the European Union is made up of…

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