Budget

SCAM ALERT

The Department of Social Services (DSS) has recently received reports that members of the public have been contacted via phone by an individual or individuals offering a $7,600 government grant.

Why you need to have a valued financial wellness network

In the kitchen. Tired. With mess from dinner around us, and two sick young boys, she recalls how when our children were very young, we would (at 2am), search the internet in order to diagnose the rash, the fever or the runny nose our child had developed. Like all new parents, we were time poor […]

Investor Daily: One step away from global recession

From Investor Daily: The world is one step away from a global recession, according to one investment bank who has questioned if the markets are ready. UBS has released global research paper where the investment bank reveals it is anticipating major changers to their forecasts, which would result in a global recession. “We estimate global […]

‘Cash in hand’ payments

Excerpt from Public Accountant: This new measure will take effect for payments made to workers from 1 July 2019 for income tax returns lodged for the 2020 income year onwards and is part of the government’s response to recommendations from the Black Economy Taskforce, the Australian Taxation Office (ATO) said. ‘Cash in hand’ refers to […]

Lending: Private School Fees and your borrowing capacity

Excerpt from the Age: Education is now a standalone category of expense, and banks are largely determining that private school costs are not discretionary, according to Peter White, managing director of industry body the Finance Brokers Association of Australia. “It is something that will have rather significant impacts in the [housing] market,” Mr White said. […]