Australian personal finance news, tips and advices.
by George
It’s safe to mention that cryptocurrency is risky. For one, inefficient trading may lead to more financial loss than gain. Still, it’s possible to reduce potential losses and increase profit opportunities by understanding the fundamentals. In particular, you should learn the ins-and-outs of cryptocurrency maps, charts, and prices.
Continue reading to know some essential aspects of these topics. By reading this article, you should gain sufficient knowledge of trading cryptocurrency. ... (read more)
by Finder
Getting approved for a loan or credit card isn’t always easy. Potential customers often have to jump through multiple hoops as part of the application process, and there’s no guarantee that this will result in a lender’s tick of approval either.
But this process may soon become easier for borrowers.
In late September, the government announced that it plans to stimulate the economy by removing the responsible lending obligation from the National Consumer Credit Protection Act (2009). ... (read more)
by George
In any industry, one can never keep away from accounting processes. Any calculations in any business can be complex and tiresome. This is one reason why entrepreneurs—even small-scale ones—should hire a reliable accounting firm to handle all their accounting needs.
If you’re that kind of business owner, there are many accounting firms you can rely on these days. However, know that every company offers different services and varies in terms of reputation. Even if you’re in one country or state, quality offers may differ from firm to firm. ... (read more)
by George
Working out how much you will have to pay for child care is one of the most important parts of the early stages of choosing a centre for your children to attend.
Costs of care can vary widely but most families across Australia will qualify for some Government relief, with the actual amounts received depending on your family’s personal circumstances.
The following five things are essential to know as you work out precisely how much support your family is eligible to receive. ... (read more)
by George
If you have turned on the TV or been scrolling through your social media feeds you will probably have noticed, you are being bombarded with ads for Solar. From Government rebates to eliminating bills, every ad seems to promise the world. Installing Solar Panels is a great way to reduce your carbon footprint and help the environment but does installing solar really save you money?
The short answer in a lot of cases is yes (if done properly). With rebates available (STC’s), the high cost of power in Australia and technology advances, it does. However, if some poor decisions are made along the way, it can be a massive waste of money. ... (read more)
by George
Over the last few years, there have been plenty of stories in our news sources about mostly casual and part-time employees being underpaid, and it’s not only corner shops and celebrity chefs being caught out, but our big national corporations as well. And while most of the issues have been related to overtime and other entitlements, regular, full-time salaried workers are not immune from being short-changed – especially in the area of superannuation. ... (read more)
by George
Building a business takes a huge amount of time, dedication, and commitment. However, no matter how successful your business is, you will reach a junction, where you will need to make the decision to continue moving forward or sell your business. This can be one of the most difficult decisions for many business owners, and the decision you make can have a big impact on your future.
If you are thinking about selling your business, it’s important you take the time to consider if you are truly ready to let go. The last thing you want to do is to sell your business and regret your decision down the line. Before you decide whether or not to sell your business, it’s always advisable to discuss your options with business lawyers in Melbourne who have experience in this area. ... (read more)
by George
Marriage has been a pillar of society for centuries. Most young Australians still support the concept, but financial concerns have made them more apprehensive about having large, traditional marriages.
Choosi recently released its Cost of Love Report. The purpose of this report was to understand the views Australians hold about marriage and the decisions they are likely to make.
Some of the core findings are listed below. ... (read more)
by Finder
The coronavirus pandemic is pushing many Aussies into financial stress. Job cuts, reduced hours and business closures have affected the take-home pay of millions of Aussies, with a full return to normal still a long way off.
If you’re struggling at the moment or you just want to batten down the hatches, below are eight simple ways to shape up your finances during this time.
Review your spending habits ... (read more)
by George
Today’s post comes from Alex. He blogs over at www.MutilateTheMortgage.com and is a fellow Australian based and focused financial site. Head over there to find out how to go from “no idea” to mortgage free in under 10 years!
Did you know that paying off your mortgage in 10 years can be setup quickly and is in fact very easy to do? It’s true! Just a quick alteration in how you pay your home loan can save you hundreds of thousands of dollars. ... (read more)