It’s not just the colder weather Australians should prepare for. As the nation heads into winter, many people are about to pay more for electricity, health insurance and their student loan repayments. After months of climbing grocery prices and higher mortgage repayments for thousands of homeowners, health insurance premiums, HELPContinue Reading
Australia’s lowest-paid workers are celebrating the news that the minimum wage is rising considerably in line with inflation, but it could be bad news for everyone else. Industry bodies and economists have warned the pay boost could worsen the financial situation for millions of Australians — including the very peopleContinue Reading
Australians have been battered by price hikes recently, with the cost of everything from rent to vegetables soaring. And food delivery is no different, with Australians hit by service charges and delivery fees from Uber Eats, Menulog and DoorDash in addition to the cost of their meal. What you mightContinue Reading
Finance guru Mark Bouris has warned there is a “big chance” Australia will slip into a recession as soon as the end of June, as cost of living pressures continue to grow. The Yellow Brick Road Home Loans executive chairman says although the country is not yet in recession –Continue Reading
In response to the nation’s escalating inflation rates, ANZ has revised its previous forecast, deeming a terminal cash rate of 4.1 per cent insufficient to address the issue. The bank now predicts that the Reserve Bank of Australia’s (RBA) terminal cash rate will need to be raised to 4.35 perContinue Reading
The world’s richest families are starting to move their assets out of America following a “perceived peak in the US dollar”, as concerns over geopolitical instability, inflation and economic uncertainty spark the “biggest shifts in asset allocation for several years”. That’s according to the 2023 Global Family Office Report fromContinue Reading
Old-school Toyota LandCruiser utes are being advertised on car classifieds sites for as much as $200,000 as waitlists for the four-wheel-drive stretch past two years at some dealerships. Toyota stopped taking orders for the rugged LandCruiser 70 Series in July last year, after supply constraints led to a blow-out inContinue Reading
With yet more interest rate rises expected from the Reserve Bank, one of the country’s largest lenders has announced it will buck a “big four” trend. Source linkContinue Reading
Swim star Ariarne Titmus says she’s feeling in great shape nearly a year out from the Paris Olympics, and is also setting herself up for success outside the pool. After buying her first home in the Brisbane suburb of Teneriffe last year, the 22-year-old purchased a new car and tookContinue Reading
The rebound in housing prices is accelerating despite the Reserve Bank’s campaign to lift interest rates. National home prices have increased 0.33 per cent in May, bringing the 2023 rise to 1.55 per cent according to PropTrack’s latest house price index. Every capital city except Darwin recorded an increase andContinue Reading