Insights and Research

366 000 jobs added as Australia navigates major skills shortage

366,000 jobs added as Australia navigates major skills shortage

Australia added 366,000 jobs in November 2021, according to figures released today by the Australian Bureau of Statistics (ABS). The unemployment rate fell by 0.6 percentage points to 4.6 per cent in November, reversing a similar-sized increase in October. “The latest data shows the extent of recovery between early October and early November in jurisdictions…
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Contribution eligibility Age work test conditions

Contribution eligibility: Age & work test conditions

Financial success can hold a different meaning for all of us. Despite this, financial success is often linked to something we all tend to have in common, financial goals—our vision for the future. This vision can often centre on retirement (and our desired retirement lifestyle) and the accumulated wealth needed to support it. Notably, the financial…
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RBA makes last interest rate call for the year

RBA makes last interest rate call for the year

The Reserve Bank of Australia (RBA) has left rates on hold at their record low 0.10 per cent, even as banks race to hike mortgage rates. In the last meeting of the year, the RBA chose to leave settings unchanged as it waits for inflation to lie comfortably between 2 per cent and 3 per…
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6 property market forecasts and predictions for 2022

6 property market forecasts and predictions for 2022

Property markets experienced a boom during COVID-19, with lockdowns doing little to cool the market and prices growing more than 22 per cent this year. But Aussies are being cautioned to be more strategic about their purchase decisions over the next year, with property price growth expected to slow. “Australia experienced an unprecedented property boom in 2021 as households saved…
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Jargon buster Property investing edition

Jargon buster: Property investing edition

Many industries use jargon (technical words)—and the finance industry is no exception. In many instances, understanding this jargon can help you when making informed personal finance decisions. With this in mind, we have put together another jargon buster article. However, this time the focus is on helping you understand some of the commonly used jargon in…
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21 lessons from 2021 you dont want to forget Part 1

21 lessons from 2021 you don’t want to forget – Part 2

What’s ahead for our property markets in 2022? Most analysts and economists agree that our housing markets should perform strongly in the new year. But things won’t be the same – capital growth won’t be as strong as we experienced this year and we are likely to end up with a two-tier property market. So…
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Planning a post lockdown reno Heres what you need to know

Planning a post lockdown reno? Here’s what you need to know

Bored of your four walls? You are not alone. Since the start of the pandemic many of us are spending more time in our homes than ever before, and with more people now working from home, it’s understandable that people are seeking to change how their house functions and reconsider the role their homes play in…
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Building super together Spouse contributions

Building super together: Spouse contributions

When it comes to retirement, ASFA estimates that the lump sum savings needed to support a comfortable lifestyle in retirement is $640,000 for a couple. Please note: This assumes a partial Age Pension entitlement. While this can be a helpful guide, its relevance to you will depend on your own ideas and expectations around retirement. Namely, what is your…
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ATO 1 in 3 companies paid 0 tax last year

ATO: 1 in 3 companies paid $0 tax last year

One-third of companies paid no tax to the Australian Taxation Office (ATO) in the 2019-20 financial year, new transparency data released on Friday shows. The ATO’s annual Corporate Tax Transparency Report found 782 of 2,370 large Australian companies claimed losses, or credits for previous losses, that wiped out their 2019-20 tax bill. Some 371 companies…
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