It is the festive season and for many of our clients, that means presents. Yes, the ones they receive. But also the ones they give. And giving, for many people, means buying. This year, rather than give people items you buy, why not give them something much more precious: your time.
The Federal Government delivered its first Budget this week. We will have more to write about this in coming weeks. But we want to tell you about one announcement that will be important to you if you are thinking of buying an electric car. Read on - and talk to us if you are thinking of buying a new car!
We wrote last week about exchange rates. The article inspired a few people to get in touch – including people thinking of travelling to the US - so this week we thought we would write some more about what actually causes exchange rates to fluctuate. You might paraphrase this article as “why has the US become so much more expensive?”
Last week, for the third month in a row, the Reserve Bank of Australia hiked its target cash rate. The target rate is now 1.35%, up from the all-time low rate of 0.1% that it had been at since November 2020. So, what is the target cash rate? And why does it matter?
Inflation is starting to bite, and people on income support, such as aged pensioners, have not had their benefits adjust yet. This has many of our clients thinking about how best to cover the rising cost of living. Happily, the Commonwealth is here to help.
The financial year is almost over. Which, of course, means that the new financial year is about to start. This makes right now a great time to develop some better financial habits, so that your finances are fully charged come June 30 next year.
Australians like to move home. Especially young Australians. According to the 2016 census data, young Australians aged 18-24 moved home at almost three times the rate of older people aged 55-64. But can people move home a lot and still buy a home as well?