Insights and Research

How to split energy bills with housemates when someone’s working from home

Energy bills to soar by $100: Here are some easy ways to save

Australians can expect to see a $100 hike in their annual energy costs, adding pressure to already-strained household budgets as the cost of living soars. According to the latest report from the Australian Energy Market Operator (AEMO), wholesale electricity prices have more than doubled in the past 12 months. With wholesale energy prices making up around…
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Elderly womans 10 million surprise for neighbours

11 easy tips to recession-proof your money

With the latest inflation figures showing a 5.1 per cent increase over the past 12 months; along with an interest rate rise and surging petrol prices, there has never been a better time to tighten the money belt. Early childhood teacher and blogger Elizabeth Mitchell said the recent inflations have definitely made her budget more. “That’s not to say I don’t splurge…
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Making Your Estate Plan Count

Do you know the interest rate on your home loan?

It fascinates me how so many people who are worried about their finances don’t know what rate they are paying on their current home loan. And many people don’t seem to realise that they could be saving a lot of money by simply doing some homework and taking the time to help their precious hip pockets. Is…
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Bank of Mum and Dad Is it worth the risk

Bank of Mum and Dad: Is it worth the risk?

Interest rates are rising for the first time in more than a decade, which means Aussies won’t be able to borrow as much from the banks. This could push many to turn to the bank of Mum and Dad to help make up the difference. But Australian Family Lawyers head of asset protection Barry Frakes said there…
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Warning to millions of Australia Post customers ‘Your package is waiting

Warning to millions of Australia Post customers: ‘Your package is waiting’

Australia Post has once again been mimicked in a new phishing scam, which intends on stealing customers credit card details. MailGuard has warned Aussies to be on the lookout for an email with the subject line “Your package is waiting for delivery” with the sender name AUSPOST. While it may all seem legitimate, the emails are actually coming…
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You may be eligible for this 180 payment

You may be eligible for this $180 payment

Families living in NSW may be eligible for a $180 energy rebate designed to help people with children cover the cost of their energy bills. To be eligible for the rebate, you must be a recipient of the Family Tax Benefit, which is an income-tested Centrelink payment designed to help with the cost of caring…
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How to save 1 194 a year in a few clicks

How to save $1,194 a year in a few clicks

Households could save up to $1,194 a year by switching to a cheaper broadband provider, with some Aussies overpaying for their connection by up to 58 per cent. Tom Godfrey, Mozo spokesperson, said it paid to look past the big-name brands when choosing a broadband provider. For example, Mozo recognised Flip as the broadband provider of the…
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10 clever ways to fight inflation and slash your costs

5 clever ways to fight inflation and slash your costs

When the global credit crack-up hit in 2008, the scramble to slash our spending overnight brought about a craze called cocooning. Very simply, cocooning is recreating restaurant, bar and cinema experiences at home… complete with DIY gastronomy, cocktails and popcorn. Today, fresh off interminable COVID lockdowns, cocooning is about as appealing as another nasal swab. But with…
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ATOs warning to 8 4 million Aussies working from home

ATO’s warning to 8.4 million Aussies working from home

The Australian Taxation Office (ATO) has its eyes on you if you’re one of the millions of Aussies working from home. The ATO has reminded people not to make the mistake of “double dipping” their deductions in their tax return. “Around 8.4 million Australians claimed nearly $19.8 billion in work-related expenses in 2021,” assistant commissioner Tim Loh said.…
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