Treasurer Josh Frydenberg stood up in Parliament yesterday
evening to deliver his maiden Budget speech as Treasurer, having inherited the
job some seven months ago amidst the Liberal party in-fighting and change of leadership.
There’s a lot riding on this Budget, and it shows. In
essence this Budget has one job, and one job only; to put the Coalition
government in a position where it has the best chance of retaining government
at the yet-to-be-called general election.
Political pundits now put the most likely date of the next
election at 11 May, a mere five or so weeks away. We’ll know soon enough, as
it’s expected that Prime Minister Morrison will take that drive up to
Yarralumla any day now.
But back to the Budget. The Good, the Not-so-Good and the Questionable.
What exactly does it contain (other than the phrase “without increasing taxes”,
uttered by Treasurer Frydenberg no less than nine times during his speech)?
More importantly, how will it affect you, your nearest and dearest and your prospects for a brighter future? Read on to find out…
Continue reading “Budget 2019/20 – Same Old, Shame Old”
Financial advisors stand to benefit from the rapid innovations of the financial technology industry. Staying updated with financial technology is crucial as the younger Internet generations start to accumulate wealth and seek out advice on how to balance modern and traditional ways to manage and invest money.
Continue reading “Why financial advisors should embrace fintech”
Australia’s home affordability woes have impacted a whole generation of young Australians now facing the daunting challenge of breaking into the property market.
Clover Co-Founder Harry Chemay explains why ownership rates among young Australians, particularly those under the age of 35, have experienced a significant decline over the last four decades.
Continue reading “Australia’s housing affordability woes: Part 1”
A research report from RMIT on women and money in Australia found that 48% of women were not willing to take any financial risks at all. For many women, their hard earned savings is not something they are prepared to risk.
A common perception of your typical investor is what we see in mainstream media from movies like The Wolf of Wall Street. What we aren’t shown is that there are several ways to invest and many of them don’t involve speculating on hot stocks.
Continue reading “4 things you need to do before you start investing”
Ah, your sweet 20s. It’s absolutely guaranteed that you will have one sack full of adventures and another full of mistakes.
But that doesn’t mean you don’t need to think about what financial shape you’ll be in once you do say hello to that inevitable 30th birthday. Because it’s about then that you may be wondering about buying a house, starting a family, and perhaps even planning for the future with healthy personal finance habits in the bank.
Saving in your 20s is hard, and racking up a mountain of debt is easy. But don’t fret – it’s never too late to start blasting that 20-something debt and setting off on the road to a bright financial future.
Continue reading “5 ways to avoid debt in your 20s”
Women can make amazing investors but many still feel that it’s out of their reach or too risky.
We sat down to chat with Rebecca Pritchard, Financial Coach and Gladiator at Wealth Enhancers, to talk about why women need to be investing and what they can do to start.
Continue reading “This March, #startsomethingnew with Clover”
We sat down with Vinomofo Co-founder and CEO Justin Dry to talk about money management, why his nanna is the best, and why he’s been waiting for something like Clover.com.au to hit the Australian market for a long time. Continue reading “Two Minutes with Vinomofo CEO Justin Dry”
It’s a fact: Living with housemates can be stressful, even at the best of times.
Waiting for your turn in the shower, people pinching your food or the pile of dirty dishes always cluttering up the kitchen sink are just the tip of the share house nightmares iceberg.
On top of these common pain points, shared living often comes with awkward conversations surrounding the splitting of shared expenses.
Continue reading “The best apps to solve share house money woes”
Even at the best of times, relationships can be difficult. Although most of us seek true love and that tale of ‘happily ever after’, it’s a total myth that if you find just the right person to spend your life with, you’ll never experience any conflict.
Even if you are with a very special someone who’s really suited to you, it’s never smooth sailing all the time. But there’s something that really can spell troubled waters for many, many couples:
Continue reading “How to solve four common money problems faced by couples”
Benjamin Franklin once wrote that only two things in life are certain: death and taxes. It’s also tempting to conclude that they may be the things that most worry us – but you’d be wrong.
Death, and our health more generally, may be important to us, but there’s something we are more afraid of:
Continue reading “How to deal with financial anxiety”