This week we thought we would change tack a little. As we all continue in a version of lock down and with Easter now behind us, most schools have reverted to home learning. So, we thought we would provide a little lesson in basic financial management ourselves. If you or someone you know is home-schooling someone, you might like to use this as a lesson. If not, you can always enjoy the lesson for yourself.
Over the past month, the Commonwealth Government has announced and commenced implementing economic stimulus measures that involve the Commonwealth spending (or rebating) more than $200 billion. A fair question to ask is: where do they get the money for that? The answer is a happy one that should be reassuring.
Last week, we discussed the stimulus package that had been announced but not yet passed through Parliament. As we forecast, the Commonwealth Government then announced a second round of stimulus measures. Both packages were passed by Federal Parliament earlier this week.
Most of us have watched in horror as bushfires have burned across every state of Australia this summer. Many of us are moved to help those most affected. In this article, we thought we would let you know how you can best provide help.
Make sure you take your holidays. There is plenty of science that shows that people who take holidays actually get more work done. What’s more, their careers - and their lives - last longer and they end up providing more for themselves and their families.
Divorce changes everything. Often without realizing it has happened, most married people’s money management becomes intrinsically entwined with their spouse. When the relationship ends, that makes for a lot of unwinding.
At some stage, most of us will be asked to lend money to family or friends. Usually, we are only too happy to help. After all, what are family and friends for if not to help each other out. That said, mixing money and relationships can be problematic. In this article, we discuss various ways to minimise the risk of the loan going wrong and a relationship suffering.
Saving money or repaying debt can be a bit like losing weight. From day-to-day it feels like nothing is changing. So, you need to alter the way you think about financial targets - which can even mean thinking about them less frequently.
Australia introduced a consumption tax in the early 2000s. Consumption taxes have a lot going for them, and this article examines some of those benefits. It will be worth thinking about next time you are tempted to complain about all that tax you have to pay.