Rates & Economic Outlook

RIP bank branches: Nearly 90% of Aussies say they won’t return

During the pandemic, Australians were forced to use online banking over branches and, as a result, there has been a continuous string of banks shutting up their physical branches. Now, a new report suggests that 88 per cent of Aussies won’t care, as they’ve well and truly embraced the digital …

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How much risk are you really taking on shares? You might be surprised

One thing 2020 proved is how unpredictable life can be. Sudden market changes highlighted the importance of assessing how your retirement funds are invested – and seeking financial advice if you’re not comfortable making such investment decisions alone. This is because, for people closer to retirement, sudden market moves can …

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5 ways you can help with your grandkids’ educational expenses

A recent scan of the news reveals the many ways Covid-19 has shaped Aussies’ behaviour. We’re all shopping online a lot more, hand sanitiser is a must-have accessory and we’re far more thankful every time we see our nearest and dearest. I’ve seen that last factor driving the decisions of …

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1 in 4 Aussies is now looking to change their job

With the economy beginning its recovery from the COVID-19 downturn, Australian workers are now actively seeking new employment, a survey has revealed. Stats released by Gartner Inc showed that 24 per cent of Australians are now actively looking for a new role, with workers intent to stay in their current …

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Calls for gender lens on budget and ‘real jobs’ for young people ahead of 11 May

A lot of hope is resting on the upcoming budget after the Treasurer reaffirmed that fiscal strategy will take a backseat as economic recovery becomes the focal point for this year. This budget is expected to embody a number of things, from being the first genuine care economy budget, to one …

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‘Can you help me?’: The pandemic’s impact on rural Australians

COVID-19 has pushed many rural Australians to breaking point after an already tough summer, an accountant has told nestegg. Simone Palfreyman is the principal of Palfreyman Chartered Accountants in Cessnock and has seen a number of clients suffering due to business closures and separation of family and friends due to …

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