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Interest Rate Announcement
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Statement by Philip Lowe, Governor: Monetary Policy Decision At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. Conditions in the global economy are continuing to improve. Labour markets have tightened further and … Continue reading

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Complex rules with Super start on 1 July – take these actions before 30 June to avoid getting caught.
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The end of the financial year is rapidly approaching and planning is much harder this year, with the complexity of also taking into consideration the new changes to tax and superannuation starting on 1 July. Delay looking at this now … Continue reading

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The winners and losers of the Federal Budget
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Older Australians, First Home Buyers and Small Business are the clear winners from the Federal Budget, but the list of losers is long.  Treasurer Scott Morrison’s second budget may have been short and sweet but the bottom line is, taxpayers … Continue reading

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$1 billion of investments up for grabs – could it be yours?
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Whether it is moving often, heading overseas or simply forgetting, Australians are losing track of their money and investments, with more than $600 million sitting in unclaimed bank accounts and a staggering $450 million in shares, ready to be claimed. … Continue reading

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Women live longer, on less money than men
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We all have women in our lives – a mother, daughter, sister, aunty or friend – and International Women’s Day is an opportune time to look at the sobering statistics around women and money. Here are the facts: Women are … Continue reading

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Is health insurance too expensive?
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Health Insurance premium hikes will come into effect on 1 April 2017 with average premiums increasing by a total of more than 50 per cent since 2010. On average Australians can expect a hit to the hip pocket with an … Continue reading

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Self-managed super funds: Benefits and risks of going solo
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For the last few years, younger Australians have lead the charge when it comes to taking control over their superannuation with statistics from the Australian Taxation Office revealing that the median age of members of newly established self-managed super funds … Continue reading

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Australians delay retirement by three years
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Australians are delaying retirement by an average three years as cuts to the age pension and low interest rates force people to rethink their savings plans. A survey by research firm Roy Morgan conducted last October found that the average … Continue reading

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What to do if you win the lottery
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By Olivia Maragna Some can only wonder what it’s like to win $55 million dollars but Queensland’s newest millionaires have had nearly a week for the news to sink in. Twenty-one state government employees shared a Powerball jackpot win last … Continue reading

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Five money mistakes to avoid in 2017
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By Olivia Maragna More than half of Australians are resolving to save money this year according to a Galaxy Research study, with nearly 40 per cent of households doing so because they are “struggling a bit financially”. The bad news … Continue reading

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