HECS-HELP student debt
For anyone with uni debt, the recent indexation increase of 7.1% might come as a shock. Here are a few things to keep in mind.
For anyone with uni debt, the recent indexation increase of 7.1% might come as a shock. Here are a few things to keep in mind.
In October, global shares performed poorly and the US S&P 500 and Australian shares both declined. The Utilities sector was the only positive performer, while IT was the worst-performing sector. Concerns about sustained US inflation contributed to the global downturn.
The Government has introduced changes to the non-arm’s length income (NALI) provisions which apply to expenditure incurred by super funds.
Global shares had a tough September and the US S&P 500 price index was down. However, the Energy sector managed to return 1.3% while all other sectors faced negative returns. The Australian dollar lost 0.3% against the USD$ which benefitted from resilient domestic growth. Despite this, labour markets are still robust.
With rising living costs, cutting discretionary spending on luxuries is one option, but a simpler and more attractive approach is to review and trim your so-called fixed household expenses. Here are the top five household hacks for saving money.
Desiring financial security for your children is natural, yet soaring living expenses pose a growing challenge. To aid your adult children without jeopardising your retirement, consider various strategies aligned with your objectives.
When it comes to your super, small decisions can have significant consequences. If you’re worried about things snowballing, consider these strategies.
Whether it’s our approach to saving and spending or our willingness to take on debt, psychology plays a big part in determining our relationship with money. Fortunately, there are plenty of ways you can shift gears mentally to get a better handle on your finances.