Insights and Research

Full employment now within reach says top economist

Full employment now ‘within reach’, says top economist

What a joy it is, as an economist, to be writing about fabulous economic news. The run of news in recent months has confirmed the economy doing well, but the May labour force data which showed a 115,000 lift in employment and the unemployment rate diving to 5.1 per cent, takes the cake as spectacularly good economic…
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Aussies spend 364 in bank fees each year heres how to avoid them

Aussies spend $364 in bank fees each year, here’s how to avoid them

Aussies paid $3.56 billion in personal bank fees last financial year, according to the Reserve Bank of Australia (RBA). This is around $364 per household every year spent on fees. The good news is that fees have dropped $404 million that the year before. But if you want to bring down those fees more, here…
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Unwanted things you can sell to make 5 3k

Unwanted things you can sell to make $5.3k

The average Australian has $5,286 worth of pre-loved and unwanted goods they could sell online, and as financial stress increases, experts are urging them to take stock. Combined, there is $48 billion worth of pre-loved, unused or unwanted items that could be sold across Australia, in an increase of 4 per cent over 2020, according…
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Experts puzzled as Aussies fail simple 1k savings hack

Experts puzzled as Aussies fail simple $1k savings hack

Money experts have been left scratching their heads as unhappy Australians refuse to switch internet providers, despite better services and cheaper deals on offer. New research from Mozo found that 61 per cent of Australians have never switched their internet providers, despite 17 per cent admitting that they are unhappy with their providers. (Image: Supplied).…
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Can you claim tax on your compensation pay out

Small Business Capital Gains Tax Concessions and Superannuation

NEIL STAFFORD HEAD OF COMPLEX ADVICE In addition to income tax concessions, the CGT small business concessions play an important role in allowing additional contributions to be made to superannuation (up to $1.615 million in the current financial year). In order to be eligible to gain access to the small business CGT concessions, certain eligibility criteria…
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Make Financial Advice Affordable Again

After nearly a decade of regulation brought in by politicians and regulators who have no idea of the advice process the AIOFP an association representing financial planners, has had enough. They are asking their clients to boycott the Liberal Coalition as they have dramatically increased the cost of providing financial advice whilst advisers spend more time ensuring…
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Surprising airline to thank for cheaper flights

Surprising airline to thank for cheaper flights

Despite on-again off-again lockdowns around the nation, domestic air travel is cheaper than ever as the airlines bid for Aussies attention. And it’s budget airline Rex that has been driving the price wars, according to the Australian Competition and Consumer Commission (ACCC). “Prior to the recent Victorian outbreaks, the domestic airline industry had experienced relatively…
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7 6m Australias ‘million dollar club suburbs in each state

$7.6m: Australia’s ‘million-dollar club’ suburbs in each state

The number of million-dollar suburbs in Australia have soared, with new CoreLogic data revealing that there are now 218 markets across the nation selling homes for upwards of $1 million. The explosion of these pricey suburbs is yet another sign that the pandemic – which caused Australia’s first recession in nearly three decades – has triggered an…
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