Consumers took the first interest rate rise in more than a decade in their stride with spending reaching a record high in May, but economists expect further hikes and high inflation will eventually ta …
Review your investments regularly to make sure you’re on track to reach your financial goals and you’re comfortable with the investment risks.Find out how to review your investments’ performance and w …
Australians appear to be adjusting to a world of rising inflation and interest rates, aided by recent state budget initiatives.The ANZ-Roy Morgan consumer confidence index jumped 3.7 per cent in the p …
Export restrictions in about 24 countries globally are pushing up prices and increasing food insecurity, according to the Australian Bureau of Agricultural and Resource Economics and Sciences.The late …
The national average for unleaded petrol struck its second highest level in history last week, with every state and territory now paying more than $2 per litre, but there are signs of better times ahe …
Claiming deductions for personal super contributions
You can’t claim a deduction for superannuation contributions paid by your employer directly to your super fund from your before-tax income such as:the compulsory super guaranteeSalary sacrificing supe …
A spike in gas prices, liquid fuels and electricity have created a perfect storm within Australia’s energy market.Treasurer Jim Chalmers says the failure of the Liberal government to land an energy po …
Australia’s consumer watchdog is suing Mastercard over alleged anti-competitive conduct in deals with large retailers.The ACCC has instituted Federal Court proceedings, accusing Mastercard of substant …
Consumer advocates are urging the incoming Labor government to rein in the unregulated cryptocurrency industry as a reform priority.“Choice is hearing from many Australians about financial loss and ot …
A change of government has had little impact on confidence, with the mood of consumers remaining down in the dumps in an environment of rising interest rates, ballooning inflation and a steady climb i …
Australia is in for a period of banking sector turbulence as households deal with rising inflation and mortgage payments, the industry regulator says.“The next few years will be far from plain sailing …
House prices nationally recorded their first decline since September 2020 in May, led by monthly losses in Sydney and Melbourne, the country’s two largest real estate markets.The CoreLogic home value …
