The ultimate teammate, cheer squad, and coach for first home buyers Buying a home can be daunting, particularly when it is your first time. For most people, purchasing a property will be the biggest financial decision of their lives, and to make that purchase most people will need to borrow
Providing perks to employees If you provide work vehicles or other perks to employees – even if they’re provided occasionally – you may be providing a fringe benefit. This means you could have FBT obligations for the FBT year. Many businesses provide fringe benefits without realising it. Fringe benefits are non-cash perks provided to
Using publicly available, general-purpose artificial intelligence (AI) for money questions? Learn when it can help, and when you should get more information. If you’ve ever asked AI a money question, you’re not the only one. More Gen Z Australians (those born between around 1996 and 2010) are using AI tools
In the weeks after the Federal Budget’s announcement to change the rules for negative gearing and the reduction to Capital Gains Tax (CGT), headlines continue to spark debate, and a familiar question lingers: what does this mean for my investments? With ongoing global developments layered on top, it can feel
Paying off your mortgage early will save you money and take a financial load off your shoulders. Here are some ways to get rid of your mortgage debt faster. Switch to fortnightly payments If you’re currently paying monthly, consider switching to fortnightly repayments. By paying half the monthly amount every
Having fun has never been more expensive but you don’t have to sacrifice your social life to keep your savings on target. While the cost of most things has increased, the cost of a lot of things associated with having a good time – travel, movie tickets, sporting events, concerts,
If you are planning to buy your first home in 2026, staying across the latest government support could make a bigger difference than you think, so we’ve provided a wrap up of all the latest schemes up for consideration in the coming year. Here is what you need to know.
Fuel tax credits provides you with a credit (in dollars) for the fuel tax (excise or customs duty) that’s included in the price of fuel used in eligible business activities. Before claiming fuel tax credits, make sure: the fuel you acquire for use is eligible the business activities are eligible.
As Australian small business owners brace for the introduction of Payday Super on 1 July 2026, industry experts are sounding alarms about the potential impact on the nation’s business landscape. The reform, which mandates that employers pay superannuation at the same frequency as wages, is expected to significantly alter operational
Starting a family, whether it be taking those first steps of planning or knowing your baby is on their way, is exciting – and expensive. Before you start thinking of paint colours for the nursery, it’s wise to understand the costs involved in raising a child. Knowing the costs While
For many, the goal of investing is about creating wealth for a comfortable financial future, as well as a legacy that supports your children and grandchildren for decades to come. But one of the greatest risks to that legacy can be the challenge of dealing with sudden wealth. When adult
There can be an interest rate difference of more than 2% in variable home loan rates on the market. So, it’s worth checking the market from time to time. What difference could a lower home loan rate make? Eight times a year the Reserve Bank of Australia (RBA) Monetary Policy
When we dream of an overseas holiday, our minds often drift to iconic landmarks, bustling cities, and well-trodden tourist paths. While these destinations have their allure, travel to popular destinations is booming and comes with challenges so there are advantages to venturing off the beaten track and seeking out the
If you are trying to get into the housing market as a first home buyer you may be aware that the government is trying to “level the playing field” with a range of housing measures that are designed to address inequity – but what does that actually mean if you
As interest rates increase and the cost-of-living rises, many are feeling the financial squeeze. Whether you are trying to save for your first home, managing an existing mortgage, or reassessing your finances, the current environment can feel challenging. While there is no single solution, there are practical steps borrowers and
Around 70 per cent of small businesses are family enterprises. That is a powerful reminder of how much trust, shared values and long-term commitment drives the small business sector. Family businesses often benefit from loyalty, resilience and a strong sense of purpose. At the same time, mixing family and business
Here’s some easy money management skills for children of different ages. Teaching good financial habits, such as saving and budgeting, is one of the best ways to prepare children to have a secure financial future. It’s never too early or late to start talking about money with your children —
Why depreciation matters for investors of new property? Depreciation is what the Australian Taxation Office (ATO) recognises as the gradual decrease in value of your investment property’s assets over time. In simple terms, it reflects the fact that buildings and assets inside them lose value as they age. For savvy investors
For the first time ever, the Australian banking regulator has announced it will impose new debt-to-income limits on housing loans made by banks. Such limits are a common tool used by regulators in other nations – including the United Kingdom, Ireland, New Zealand and Canada – to cool housing market lending. The aim is
Forget expensive creams, doing push-ups, or pretending you like kale. The real anti-aging secret might be digging out your carry-on bag. Travel, it turns out, is basically a spa treatment for your brain, your body, and your soul, except, instead of coconut water, you get the thrill of new adventures
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