Personal Finance

Federal government scholarships worth up to $40,000 on offer for thousands of Australian teaching students

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Federal government scholarships worth up to ,000 on offer for thousands of Australian teaching students

Thousands of education students will receive scholarships worth up to $40,000 as part of the federal government’s push to boost the number of teachers across the nation. The scheme will offer 5000 scholarships to teaching students who begin studying next year, specifically targeting high-achieving school-leavers, mid-career professionals, First Nations people, those from remote or regional … Read more

Why you still need a long-term retirement savings approach in your 40s

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Why you still need a long-term retirement savings approach in your 40s

Clemens Porikys | Getty Images Entertainment | Getty Images If you’re in your 40s, you probably have seen articles on how much you should have saved by now to comfortably retire. One guideline from Fidelity Investments calls for having three times your starting salary saved by 40, with the aim of growing that to six … Read more

New CHOICE and Super Consumers Australia anaylsis reveals superannuation you will need to maintain current living standards

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New CHOICE and Super Consumers Australia anaylsis reveals superannuation you will need to maintain current living standards

The amount of money Aussies will need to retire to maintain their living standards has increased by as much as 8 per cent. According to the latest figures from Super Consumers Australia, an independent organisation that has partnered with CHOICE, its revised retirement targets reflect cost of living increases and higher rates of the Age … Read more

Seek employment reveals the Aussie jobs that saw the biggest pay rises in 2023

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Seek employment reveals the Aussie jobs that saw the biggest pay rises in 2023

The Australian jobs which underwent the biggest advertised pay increases last year have been revealed. According to data by Seek, which analyses the growth of advertised salaries for various roles, many common jobs saw decent increases in 2023. But the highest increase in advertised pay in Australia went to those in the insurance and superannuation … Read more

Centrelink payments in Australia to increase with indexation from September 20 amid cost-of-living crisis

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Centrelink payments in Australia to increase with indexation from September 20 amid cost-of-living crisis

Millions of Australians receiving government payments will have their benefits increase in the coming weeks, as the nation deals with a mounting cost-of-living crisis. The rise is part of the twice-yearly indexation of welfare payments, designed to keep payments in line with the rising cost of living. From September 20, welfare recipients are in line … Read more

Reserve Bank of Australia reveals September decision as Philip Lowe prepares to hand governor duties to deputy Michele Bullock

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Reserve Bank of Australia reveals September decision as Philip Lowe prepares to hand governor duties to deputy Michele Bullock

Mortgage holders can breathe a sigh of relief with the Reserve Bank of Australia holding steady on interest rates for a third consecutive month. But the outgoing governor has warned that an uncertain financial outlook could force the central bank’s hand in the near future. The RBA board met on Tuesday and decided against hiking … Read more

Government ‘helping hand’ ideal to control prices, says outgoing RBA governor Philip Lowe

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Government ‘helping hand’ ideal to control prices, says outgoing RBA governor Philip Lowe

A stronger helping hand from government to keep prices stable and the economy humming has been offered up as a parting suggestion by outgoing Reserve Bank governor Philip Lowe. In his final speech as governor, Lowe said more flexibility to pull spending and taxing levers to manage the economy and keep inflation stable could “help … Read more

Centrelink payments in Australia to increase for pensioners, people on Jobseeker and other payments from September 20 amid cost-of-living crisis

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Centrelink payments in Australia to increase for pensioners, people on Jobseeker and other payments from September 20 amid cost-of-living crisis

Millions of Australian pensioners will receive a benefits increase from Wednesday, offering some relief amid the mounting cost-of-living crisis hitting households across the country. In the biggest boost ever, from September 20 recipients of the Age Pension, Disability Support Pension and Carer Payments are set to receive an increase of $32.70 a fortnight for singles, … Read more

Subtle change set to take effect on Aussie banknotes as Michele Bullock becomes first female RBA governor

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Subtle change set to take effect on Aussie banknotes as Michele Bullock becomes first female RBA governor

A subtle change is set to take effect on Australian banknotes, as Michele Bullock takes over as governor of the Reserve Bank of Australia (RBA). Bullock, the ninth RBA governor and first female to take on the job, stepped into the role officially on September 18. The role was previously held by Philip Lowe, who … Read more