Today, young people are often called the “the smashed avocado generation,” supposedly frittering away money on ‘luxury’ items rather than working hard to save for their first home or retirement nest egg. However, despite their spendthrift reputation, most millennials are quite … Read more
The COVID-19 pandemic has certainly disrupted our daily lives, forcing us to close entire industries and change our behaviour overnight. With the lockdown directly affecting jobs and the economy, many people’s thoughts quickly turned to their finances. Whether or not … Read more
Australians enjoy one of the highest life expectancies in the world, which means you can look forward to a long and comfortable retirement. While that’s fantastic news, it also makes saving for retirement more important than ever. Indeed, the majority … Read more
In times of uncertainty, when share markets and interest rates are falling, along with declines in consumer and business confidence, investors often question if their money is safe and if it’s still going to meet their long-term investment goals. But … Read more
How has COVID-19 changed Australian consumer spending habits? Australian spending habits have changed markedly in the last few months. Consumers continue to worry about the strength of the economy, the duration of the pandemic and overall public wellbeing. But while … Read more
Introduction Covid-19 developments continued to dominate attention. There were spikes in the number of new infections in both Australia and overseas, suggesting an economic recovery may be delayed. Share markets powered ahead, however, as investors remained convinced that governments and … Read more
Available for a limited time, the HomeBuilder grant offers eligible owner-occupiers, including first-home buyers, a potential tax-free $25,000 boost to help fund the cost of building a new home or substantially renovating an existing home. Although not specifically targeted at … Read more
Investment funds can be broadly split into two categories – active and passive. And while both options play a part in an investment portfolio, it’s important to understand how each works before allocating money to them. Basics of passive investing … Read more