Cash-strapped borrowers are being warned of more hikes to come by the Reserve Bank of Australia after it lifted interest rates to a 15-year high. In a unanimous decision, the central bank’s nine-member board lifted the cash rate target by 25 basis points to 4.6 per...
Australia’s annual headline inflation rate has climbed to four per cent as higher oil prices continue to filter through the economy. The consumer price index rose 0.4 per cent in August, the Australian Bureau of Statistics reported on Wednesday, a day after the Reserve Bank hiked...
Australians are willing to cut back their spending in record numbers to afford a property, affirming the ongoing value of home ownership, new data shows. More than 75 per cent of residents were willing to cut their spending back to afford a home, a Cotality survey...
Anthony Albanese’s face-to-face meeting with Donald Trump in New York during the UN General Assembly was fleeting. The prime minister was at the UN headquarters when the US president gave an almost 40-minute speech in which he threatened to annihilate Iran and proclaimed the US was...
Because everyone wants your money, you can charge them more for it. That’s the issue facing governments forced to pay investors more for borrowing cash in the form of bonds. The eye-watering sums being raised by artificial intelligence “hyper-scalers” now mean there’s a flood of higher-yield bonds...
Running a business comes with plenty of competing priorities. Customers, staff, suppliers, cash flow and growth can quickly take centre stage, while administration gets pushed further down the list. But one obligation that deserves consistent attention is your Business Activity Statement (BAS). For many Australian businesses, BAS...
For years, retirement can feel like something waiting somewhere in the distance. There are careers to build, mortgages to pay, children to raise and countless everyday commitments competing for attention. Then, almost unexpectedly, the conversation begins to change. Instead of asking, “What do we need to...
For many business owners, the business becomes far more than a source of income. It becomes part of your identity. It may have shaped your daily routine for 10, 20 or even 40 years. It may have supported your family, employed people in your community, introduced you...
There comes a point when travel starts to mean something different. For a couple approaching retirement, the idea of rushing through ten cities in fourteen days can lose some of its appeal. Instead, you may find yourself wanting more time, more freedom and destinations where the...
We have all heard the saying, you are what you eat. It is usually used as a reminder to choose fresh food, eat more vegetables, drink more water and make healthier decisions. And while nutrition is undeniably important, perhaps there is another side to the saying. Sometimes what...