No, your wedding reception is not tax-deductible
The Australian Taxation Office (ATO) has released a list of some of the more bizarre claims people have made on their tax returns.
July 30, 2019
No pay rise for Aussies in eight years
The median household disposable income for Australians hasn’t gone up in eight years. In fact, it’s gone slightly backwards.
July 30, 2019
These banks haven’t passed on a rate cut to savings accounts in July
Dozens of institutions have passed the two consecutive rate cuts onto their savings account products, hitting those who rely on earning interest to supplement their income.
July 26, 2019
RACQ reveals the cheapest and most expensive cars to own in 2019
New research from RACQ has revealed which car models are the cheapest to own – and which are the most expensive.
July 22, 2019
Westpac, NAB & others cut savings account and term deposit rates
This week’s rate changes on the savings account and term deposit market saw more banks cutting interest rates, with Westpac and NAB headlining the latest movements.
July 19, 2019
86 400 becomes Australia’s newest bank
Australia has a brand-new bank, with 86 400 granted a full Authorised Deposit-taking Institution (ADI) license by APRA today.
July 18, 2019
Is there a difference between minimum wage and living wage?
Back in 1907, a landmark Australian labour law ruled all employees were obligated to be paid a wage that “guaranteed them a standard of living reasonable for a human being in a civilised community”. At the time, this wage was seven shillings per day or 42 shillings per week.
July 15, 2019
The average Aussie is a millionaire (sort of)
The average Australian household’s wealth in 2017-18 exceeded $1 million, a 37% increase from last decade.
July 15, 2019
Who’s cut rates on savings accounts and term deposits this month?
Interest rates on savings accounts and term deposits continue to fall following the Reserve Bank’s July cash rate cut.
July 12, 2019
Common credit card frauds and how to avoid them
In the eyes of scammers and thieves, credit cards are the holy grail. Data from the Australian Payments Network shows that over the 2017-18 financial year, credit card fraud grew by 4.8% to $565 million – more than five times the amount lost to other scams put together.
July 10, 2019
