People are being warned that the cost of groceries is expected to rise in Australia in the coming months, in a development that’s been labelled a shock.
Australia’s housing market will likely peak late next year and then enter a period of stagnation in response to increased supply and tighter lending curbs, according to Goldman Sachs.
The Federal Court said a substantial fine was appropriate despite Colonial having embarked on a multimillion-dollar remediation program.
There’s more delays on the way to parcel deliveries, as transport workers threaten to walk off the job again.
YOUR MONEY: ‘Financial advice, as an industry, is being choked to death. Deliberately not quite enough to kill it, sort of like Homer Simpson strangling Bart.’
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A data entry error has cost a retired Dianella couple more than $20,000 in missed pension payments, but Centrelink has shifted the blame and is refusing to pay back the money.
The tax season is fast closing, with some Australians risking fines of up to $1110 if they fail to take action by the looming deadline.
A group of teens from Rossmoyne Senior High School have proved they are well ahead of the game when it comes to personal finance hacks — and now they will have some real money to invest.
Long lockdowns are having a devastating impact on the labour market, with more Aussies simply abandoning their search for work.
Rebecca Le May
Can Mum and Dad use the money their son pays in rent in a more tax effective way that not only teaches him about money but also gets him his own home?
If APRA’s recent changes to lending tests have got you nervous about your own debt pile, here’s five smart strategies to take advantage of the current low interest rates and pay down debt sooner.
Almost a quarter of a million of taxpayer dollars have been spent by the government trying to hide one key detail about the French submarine deal.
Some Australians are being cheated out of hundreds of thousands of dollars by sticking with their employer’s default super fund.
As in past rallies, a myriad of reasons are being cited for the latest surge, including easing of concern about regulatory efforts in the US and China.
Woolworths has come under fire after the supermarket giant claimed it had no responsibility to ensure delivery drivers were paid a liveable wage.
Ploughing as much as you can into the home loan may seem like the most sensible approach, but is it the most efficient way of clearing that mortgage? There is another more tax-effective option.
Financial planners are reporting an increase in the number of seniors looking to close down their self-managed super funds.
A $300 million cash boost will see almost 10,000 new jobs open up in one of Australia’s largest employment sectors.
Most Australians over the age of 50 say they would continue in the workforce “indefinitely” if supported but concede they will need to reskill or retrain to postpone retirement.
Economists say the banking watchdog’s first salvo to contain the runaway housing market is expected to have little effect in Perth, where property prices have jumped 18 per cent over the past year.
Danielle Le Messurier
A slight change in strategy now could not only save you the tax, but could also add cold hard cash to your nest egg, thanks to free money from the Government.
Financial regulators are grappling with how to contain surging credit and a red-hot property market without choking off the economy’s recovery.
Nabila Ahmed and Michael Heath
‘The role of cash in our economy is increasingly being entrenched as permanent. Why? There is no workable alternative.’
© West Australian Newspapers Limited 2020