The RBA lifted the cash rate to 1.85% in early August 2022. The increase comes a few weeks after Reserve Bank Governor Philip Lowe told the Australian Strategic Business Forum that “…we’re going through a process now of steadily increasing interest rates, and...
It’s a common misconception that older Australians are only eligible for concession cards if they are on the Age Pension. Not only are self-funded retirees eligible for certain cards, but some concessions may be available even if you’re not yet retired. There is a...
The volatility that we’ve seen over the last six months, while significant, is not an unusual occurrence for a normal and healthy functioning market. Despite the recent heightened volatility being an uncomfortable experience in the short- term, equity markets...
A series of reforms and changes will commence on 1 July 2022. Here’s what is coming up: For Business: Superannuation guarantee increase to 10.5% The Superannuation Guarantee (SG) rate will rise from 10% to 10.5% on 1 July 2022 and will continue to increase by 0.5%...
The Australian Government has announced an economic response totalling $17.6 billion across the forward estimates to protect the economy by maintaining confidence, supporting investment and keeping people in jobs. Additional household income and business support will...
13 August 2019 The old saying goes: if it sounds too good to be true, it probably is. According to the Australian Competition and Consumer Commission (ACCC), Australians have been scammed out of more than $78 million dollars so far this year, based on data reported to...
Recent Comments