ATO hit list: What the tax office is expected to be cracking down on this End of Financial Year

Tax time is nearing, with the financial year ticking over on July 1, 2024. If you are lodging your own tax return, you need to do so by October 31. Every year, the Australian Taxation Office (ATO) focuses on areas where taxpayers are prone — either accidentally or deliberately — to make errors, director of … Read more

Average credit score at every age in the U.S.

Although Americans’ average credit scores recently dropped for the first time in a decade, many appear to be maintaining a relatively healthy score. The average credit score dipped by one point, from 718 to 717, according to FICO’s March 6 blog post. Your FICO and VantageScore credit score can fall anywhere between 300 and 850, … Read more

Here’s why new home sales inch higher despite 7% mortgage rates

While the spring housing market has been plagued with low supply, high prices and spiking interest rates, would-be homebuyers are focusing on new construction.  The reason? New homes have more incentives and availability than previously owned ones. “There’s more opportunity in new construction,” said Nicole Bachaud, a senior economist at Zillow Group. About 693,000 new … Read more

Americans worry changes to retirement system will upend their plans

Viewstock | View Stock | Getty Images Last year, Americans’ confidence that they would have enough money to live comfortably in retirement fell the most since the global financial crisis. New research shows both workers’ and retirees’ confidence has not recovered. But some signs of optimism have emerged, particularly as wage growth now outpaces inflation … Read more

Here are the key things to know about your restricted stock units

When you receive equity compensation from an employer, it typically requires a comprehensive financial plan — and restricted stock units are no exception. In 2000, only 20% of public companies granted restricted stock or restricted stock units, primarily for senior executives or higher, according to the National Association of Stock Plan Professionals. That percentage, however, has jumped to … Read more

Australian artist Beks, AKA Rebecca Callander, loses $4800 in Coachella scam as similar stories emerge

Rebecca Callander claims she was hustled, scammed, bamboozled, hoodwinked and led astray. But after allegedly losing her savings in a cruel Coachella scam, the Los Angeles-based Australian artist is fighting back — in a big way. “All the signs were there,” Callander, who is currently in Spain, told 7NEWS.com.au of her ordeal. Trends, culture and … Read more

Taylor Swift ‘Tortured Poets Department’ lyric hits with working women

Taylor Swift accepts the Best Pop Vocal Album award for “Midnights” onstage during the 66th Grammy Awards at Crypto.com Arena in Los Angeles on Feb. 4, 2024. Kevin Mazur | Getty Images When Taylor Swift surprised the world with “The Tortured Poets Department” last week, a double album complete with 31 self-composed songs, there was … Read more

Cybercriminals posing as Australia Post demanding personal information and money in new scam email

Australia Post customers are being warned of a new email scam in which criminals imitate the postal service in a bid to steal personal information and even cash. Scammers posing as the delivery giant are targeting Australians with multiple delivery scams, including claims packages are being redirected until deliveries can be made safely or asking … Read more

New South Wales residents may be eligible for $180 energy rebate as well as one-off $500 lump payment

NSW families could be eligible for an energy rebate of up to $180 to help pay for electricity bills, as well as a lump sum payment of up to $500. Residents of the state who receive the Family Tax Benefit may be eligible for the 2023-24 Family Energy Rebate of up to $180, according to … Read more