A Queensland woman narrowly avoided losing her life savings in a scam that cost Australians almost $100 million last year. Rebecca (name changed for privacy) visited the NAB branch in Kingaroy, northwest of Brisbane, in early May to transfer $100,000 for a new car. But holes quickly appeared in the sale, with a banker spotting … Read more
Millions of Australians on award and minimum wages will get a boost to their pay cheques, with the Fair Work Commission announcing a 3.75 per cent increase, effective from July 1. The annual wage decision from the workplace umpire was broadcast on Monday and comes at a time when cost-of-living pressures are lingering and hurting … Read more
Looking to make a tree change to Brisbane? You may have missed the opportunity to secure relatively well-priced real estate. Brisbane is now the second-most expensive capital city in Australia behind Sydney for home values. It is the first time since 1997 that Brisbane has had the second-highest median dwelling value in the country, after … Read more
Did you have your finances totally figured out when you were 18? Almost no one does. But at 18, Darren Thedieck had some ideas about where he wanted to be, and he ended up getting a few crucial things right. Thedieck started nerding out over investing in high school, reading the likes of Benjamin Graham … Read more
Millions of Australians on award and minimum wages are poised to learn how much more money will land in their bank accounts each pay cycle. The annual wage decision from the workplace umpire will be broadcast on Monday and falls at a time when cost-of-living pressures are lingering and keeping pressure on the lowest-paid workers. … Read more
More than 2 million Australians will get a boost to their government payments, as indexation takes effect from July 1. Families and pensioners are set to the beneficiaries of the boost. About 1.3 million people on family payments — including the Family Tax Benefit, Newborn Supplement and Multiple Birth Allowance — will see increases in … Read more
From cash stuffing to loud budgeting, TikTok is chock-full of ways to build wealth — and more people are taking notice. Financial TikTok, also known as #FinTok, is now one of the most popular sources for financial information, tips and advice, particularly among Generation Z. With less access to professional advisors and a preference for obtaining … Read more
Early retirees often have plenty of reasons to gloat about their financial prowess. Generally, to call it quits in your 30s or 40s, you have to have accumulated prodigious streams of passive income or stashed away enough money in investment accounts to draw down in perpetuity — both feats that take savvy and discipline. But … Read more
Optus has introduced new pricing for customers who sign up from this week, with some plans costing up to $13 more. The telco has also reduced the number of its offerings, with the four plans previously on offer reduced to three. The new pricing model was introduced on May 27 and will not affect existing … Read more
Hurricane Irma strikes Miami, Florida, in 2017. Warren Faidley | Getty Images Hurricane season has officially begun. With scientists predicting yet another active year for storms, making your home hurricane resistant has become a more valuable precaution. The National Oceanic and Atmospheric Administration said in its forecast May 23 that it expects an 85% chance … Read more
