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Everyday money

Young Aussies have been hit with the brunt of the economy according to a new report. Source: Getty.

Everyday money

Young Aussie workers getting poorer as the old get richer, report claims

The Productivity Commission said that younger workers have had a decline in wage growth while older Australians continue to increase.

Written byRachael Rosel

News

Talk of a bank ‘bail-in’: A real risk or complete rubbish?

Talk of a bank ‘bail-in’: A real risk or complete rubbish?

Believe it or not, a bail-in of a sort actually happened in Cyrus in 2013, causing bank customers to riot.

Written byRachael Rosel

If a wave of financial crisis were to topple the banking system, it's possible institutions could fall back on bank deposits to survive and help rebuild. Source: Getty.

News

Cheaper groceries, phone plans and half-price pets for 1.7m Aussie seniors

Cheaper groceries, phone plans and half-price pets for 1.7m Aussie seniors

Seniors Card holders in NSW now have access to some great new deals.

Written byJessica Galley

Seniors Cards are a great benefit to over-60s across Australia with an array of savings to be made. Source: Getty

Everyday money

Self-funded and living on a lower income? Your home may be the only help you get

Self-funded and living on a lower income? Your home may be the only help you get

If you can’t get the Age Pension and are worried about your retirement income, your home equity could provide a short- or long-term solution.

Written byHousehold Capital

Retirement is more relaxing when you know you have a secure source of income.

Politics

Doubled dole rate discouraging Aussies from going back to work, says PM

Doubled dole rate discouraging Aussies from going back to work, says PM

The Jobseeker payment was doubled in March to the new rate of $1,100 a fortnight in response to the Covid-19 pandemic.

Written byRachael Rosel

A decision on the temporary supplements will be made following a review in July. Source: Getty.

News

End of financial year: The big changes coming on July 1

End of financial year: The big changes coming on July 1

Here's everything you need to know about the impending changes to super, tax and savings accounts.

Written byRachael Rosel

Don't lose precious pennies in the new financial year. Source: Getty.

Everyday money

Solar power: How does it work and is it cheaper than traditional energy?

Solar power: How does it work and is it cheaper than traditional energy?

If you've got a decade to spare, solar can be a winner.

Written byRachael Rosel

Solar energy might cost more initially but it'll save you in the long run. Source: Supplied by Energy IQ.

Everyday money

Interest rate round-up: Watch for sneaky cuts on your savings accounts

Interest rate round-up: Watch for sneaky cuts on your savings accounts

More than three-quarters of savings accounts now offer maximum rates of less than 1 per cent.

Written byRachael Rosel

It's low tide out there for savers looking for decent interest rates on the market. Source: Getty.

Everyday money

Are Baby Boomers to blame for younger workers missing out on promotions?

Are Baby Boomers to blame for younger workers missing out on promotions?

The study found that younger generations were less likely to be promoted due to delayed retirement, and also saw their annual wage growth fall.

Written byRachael Rosel

Baby Boomers are blocking younger generations from experiencing a full career trajectory, according to the study. Source: Getty.

Everyday money

The simple steps to creating and maintaining an emergency fund

The simple steps to creating and maintaining an emergency fund

This is great advice to share with younger loved ones who haven't experienced an economic shock before.

Written byRachael Rosel

A substantial financial safety net is one of the most important things to have on hand. Source: Getty.

From our community

‘I felt forced to retire before I was ready’

by Mary Canaday

‘Poker machine poison: My mother’s gambling addiction left her broke’

by Linda Vaiana

‘I’m more careful about online subscriptions after a dodgy experience’

by Peter Button

‘I’m feeling ripped off by a tradie. Help please!’

by Barbara Stacey