For most people, debt feels like a weight to get rid of as quickly as possible. Paying off the mortgage or other personal debt is often seen as the ultimate financial goal. But there’s a strategy called debt recycling that flips the script: instead of...
It’s looking increasingly unlikely borrowers will get more mortgage relief in 2025 after the Reserve Bank of Australia’s most hawkish interest rate hold since it began cuts. Governor Michele Bullock refused to say whether the central bank was still on a downward path after its monetary...
Australia’s finances are in much better shape than previously thought but the budget’s lucky run is unlikely to last. A stronger jobs market and higher-than-expected tax revenue have left the federal budget $18 billion better off, capping the biggest nominal improvement to the nation’s bottom line...
Some superannuation funds’ “balanced” options have become heavily overweight riskier “growth” assets, a financial planner warns. Alex Jamieson, founder of Melbourne-based AJ Financial Planning, says super fund providers have an incentive to “gamify the system” so their balanced funds provide better returns. “To some degree, it’s kind...
Artificial intelligence and its role in generating what could be deceitful imagery has risen to become one of the most ethically concerning topics for Australians to navigate. The technology is being viewed as a profound ethical challenge, ranking just behind embryo experimentation, on the Governance Institute...
The switch from petrol guzzlers to electric wheels is a priority in the race to decarbonise transport but Australia could be underplaying a complementary policy lever. Reducing car dependence in favour of more trips via bus, bike and foot was once the main game for slashing...