Dip into our inkwell…
…the place where we pool our thoughts on all things wealth-related
Small businesses are receiving payments from clients a month late on average – that’s 18 days longer than last year. Make sure your business’s cash flow isn’t adversely impacted this holiday season. The blow-out in payment times is having a “devastating impact” on small businesses across the country, warns the Australian Small Business and Family…
How comfortable do you feel leaving your home unattended when you go on holidays? Turns out that those who know their neighbours best have more peace of mind. Remember The Wet Bandits from Home Alone? It was their modus operandi to case out families going on holidays before robbing their homes over Christmas. When you consider…
‘Tis the season to be jolly, but it’s important not to get carried away when using ‘buy now, pay later’ providers to fund that festive spirit. That’s because one-in-five users struggle to make their repayments, new research has found. “Christmas is a time for giving” – it’s a line that’s been drummed into us since…
The finance industry has a bunch of acronyms and abbreviations that can make the home buying process a little confusing. But they’re not as difficult to understand as you might think. Take our short quiz to see how many you can answer! Below we’ve listed eight commonly used acronyms and abbreviations in the mortgage and…
Stamp duty: two of the most dreaded words in the world of property and finance. Fortunately, NSW and Victoria have unveiled some big changes to the inefficient tax this week, and there’s hope it’ll inspire other states to review their own stamp duty arrangements. If you’re unfamiliar with stamp duty, it’s basically a state/territory government…
The festive season is fast approaching and this year, more than ever, it’s important for businesses to ensure they have their cash flow management in order. Here are our top 8 ideas to help you through the upcoming period. While the holiday period is usually a boon for retailers, cash flow problems still hamper many…
First home buyers wanting to crack into the property market can now use an interactive map to see how much their neighbours spent on average for their first home. Snoopy snoop! Everyone loves having a bit of a sticky-beak. After all, we’re only human. And this interactive map, which is being run by the federal government’s NHFIC,…
We dream big in Australia. So it’s little surprise that when the Great Australian Dream becomes a reality it means bigger houses than anywhere else in the world, according to a new report. In 2019/20, the average new house built measured a whopping 236m2, up 2.9% on the year before and the biggest size increase…
Mortgage holders and business operators are being encouraged by the RBA to switch lenders if their bank doesn’t pass on the latest cash rate cut. The Reserve Bank of Australia (RBA) delivered mortgage holders and business operators a Melbourne Cup Day win by cutting the official cash rate by 15 basis points to a new…
If you didn’t back a winner on Melbourne Cup Day then fret not: the Reserve Bank of Australia (RBA) has delivered mortgage holders a win by cutting the official cash rate by 15 basis points to a new record low of 0.10%. RBA Governor Philip Lowe says the cash rate cut is part of a…
