Almost a quarter of homeowners are worried they’ll have to sell, or have already sold, due to the rising cost of living. According to a new Compare the Market (where I am Economic Director) survey, most homeowners aren’t worried about having to sell (79 per cent), but a startling 39 per cent of renters fear… Read more »
Kochie embraces his inner teen with this Swiftie guide to money – everything teens need to do to get on top of their finances and stay there. If you have trouble communicating with your teenage or adult children about good money management strategies, I’m here to help. Use Taylor Swift as inspiration. Get them to… Read more »
It seems the International Monetary Fund shares my uncertainty around the sharemarket. Earlier this month when the Australian sharemarket touched a record high I admitted I was nervous. Was it “peak greed”, with markets getting too hot on the back of irrational optimism? On Wednesday the International Monetary Fund shared my uncertainty. I’m old enough… Read more »
Your Money
Every year, ahead of tax time, the ATO releases its target areas – what it’s going to pay extra attention to. It is always a timely warning. This year they will be taking a close look at three common errors being made by taxpayers: Incorrectly claiming work-related expenses Inflating claims for rental properties Failing to… Read more »
Your Life
How do you calculate an LVR? Should you go with P&I or Interest Only? Are you better off on a fixed or variable rate? Do you need an offset account, and what does it offset? Buying a home is one of the biggest investments you’ll make, but let’s be honest, the home loan lingo can… Read more »
Your Business
Self-made millionaires follow a tried and tested formula that embraces success and hard work, writes Zaki Ameer. By Zaki Ameer Zaki Ameer was never interested in academic life. He failed at school, and began his entrepreneurial journey by selling cassettes to classmates. After moving to Australia to study for a Bachelor of Business, a chance… Read more »
Almost a quarter of homeowners are worried they’ll have to sell, or have already sold, due to the rising cost of living. According to a new Compare the Market (where I am Economic Director) survey, most homeowners aren’t worried about having to sell (79 per cent), but a startling 39 per cent of renters fear… Read more »
Kochie embraces his inner teen with this Swiftie guide to money – everything teens need to do to get on top of their finances and stay there. If you have trouble communicating with your teenage or adult children about good money management strategies, I’m here to help. Use Taylor Swift as inspiration. Get them to… Read more »
It seems the International Monetary Fund shares my uncertainty around the sharemarket. Earlier this month when the Australian sharemarket touched a record high I admitted I was nervous. Was it “peak greed”, with markets getting too hot on the back of irrational optimism? On Wednesday the International Monetary Fund shared my uncertainty. I’m old enough… Read more »
Basically there are very few places to rent. According to SQM Research the national vacancy rate hasn’t improved at all and remains steady at just 1 per cent. As you can see from the SQM table, in March last year the vacancy rate was 1.1 per cent so over the last 12 months nothing has… Read more »
Changing your home loan repayment schedule from monthly to fortnightly can save you a small fortune by helping your pay your mortgage off faster. My mates at Compare the Market (where I am Economics Director) crunched the numbers and found that a person with a $600,000 loan could save over $160,000 in interest over the… Read more »
There’s the old saying that you can’t put a price on love. But the Bank of Mum and Dad provided $2.7 billion to their adult children to buy property over the last year. The Productivity Commission estimates mum and dad as a collective would be between the 5th and 9th biggest home loan lender in… Read more »
Federal Treasurer Jim Chalmers is a self-confessed disciple of Paul Keating. My challenge to Chalmers is to step up from being a disciple of, arguably, Australia’s greatest-ever treasurer to being this generation’s economic reform messiah. In the 1990s Keating (with the support of PM Bob Hawke) reformed the Australian economy and 30 years later we… Read more »
