Personal Finance

7 ways young Aussies can invest in their future

7 ways young Aussies can invest in their future

With international and even some domestic travel still off the cards due to COVID, young people today have an unparalleled opportunity to invest their money – and time – in building their ideal future. There are lots of ways to do this, with actions both large and small. Let’s count down seven of the best.  …
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Kick the procrastination habit and set yourself up for success

Kick the procrastination habit and set yourself up for success

Most people have met “Ron” but probably don’t realise it. Ron is not some long-lost Great Uncle or even the person you always smile at the local café but never got around to learning their name. No, that is because Ron is short for “Later Ron”, which is that old chestnut that’s also called procrastination.  …
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Do you have employee shares Heres what it mean for your taxes

Do you have employee shares? Here’s what it mean for your taxes

Employee share schemes are a great way to incentivise employees by offering shares in the employing business, often at a discount on the current market rate. Shares can be offered as a performance incentive (the better you do, the more shares you are eligible to buy) or as remuneration in lieu of a higher salary. They are particularly…
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What should I do with my money other than leave it in the bank

What should I do with my money other than leave it in the bank?

In an age where the most preferred place to leave our savings is a bank deposit that rewards us with such a ridiculously low rate of interest of 1 per cent (if you’re very lucky), what should a wise wealth builder do? My ‘advice’ is: to wise up! In the latest Westpac-Melbourne Institute Index of…
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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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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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Tax 2021 How to figure out your tax bracket

Tax 2021: How to figure out your tax bracket

Tax time is fast approaching and to make sure you stay on the right side of the ATO here is our guide to figuring out which tax bracket you’re in and what effect that has on your return. Your tax bracket determines how many cents per dollar you pay in taxes. The lower your income,…
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How to lodge your tax return if you got JobSeeker JobKeeper

How to lodge your tax return if you got JobSeeker, JobKeeper

If you received a pandemic payment in the last 12 months and you’ve got questions about your tax return this year, you’re certainly not alone. At the height of the pandemic, 3.8 million employees received the JobKeeper wage subsidy, while COVID forced nearly 2 million Australians onto JobSeeker welfare support or some other form of payment, many…
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