In The Media

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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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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Extra 433 a month RBA says interest rates could hit 1 75 by Christmas

Extra $433 a month: RBA says interest rates could hit 1.75% by Christmas

The Reserve Bank of Australia (RBA) has flagged interest rates could hit 1.75 per cent by the end of the year. If this were to happen, the average variable borrower could be paying an extra $443 a month on their home loan by Christmas, according to new analysis from RateCity.com.au. Technical assumptions in the RBA board minutes show…
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Common property myth exposed 161 000 deposit hack busted

Common property myth exposed: $161,000 deposit ‘hack’ busted

We’ve all heard the common trope that young Australians find it hard to save for a property because of unnecessary spending on things like takeaway coffee and Netflix subscriptions. Many commentators have felt the wrath of young Australians when they have argued a simple hack to save for a house deposit would be to cut back…
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The industries where wages are rising the most as growth stagnates

The industries where wages are rising the most as growth stagnates

Wages rose just 0.7 per cent in the March quarter – falling well behind the rising cost of living. New data from the Australian Bureau of Statistics (ABS) showed the rate of annual wage growth was 2.4 per cent, up from 2.3 per cent last quarter and the highest annual rate recorded since December 2018. “The annual rate…
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