Budget 2023 – An Unexpected Surplus
The Commonwealth Government handed down it’s Budget on Tuesday night. One of the most striking things about the Budget is that the Government will be in surplus for the 2022/2023…
Budget 2023 – An Unexpected Surplus
What is Monetary Policy Anyway?
Last week you may have seen the release of a review into the Reserve Bank of Australia. The review calls for a number of changes, none of which are particularly…
Competition is bad for the Competitors!
It has been a relatively quiet week in finance so we thought we would write about a fun piece of research we came across recently. It is all to do…
Travel is an Import and how Exchange Rates Work
If you have been travelling overseas for any length of time, you will have noticed how easy it has become to transfer Australian dollars into the currency of whichever country…
A Climate Change Response that Beats Inflation
Much has been made of the impact of inflation on Australian businesses and households over recent months. This week, we decided to take a look at one of the largest…
What happened to Silicon Valley Bank?
You may have seen the recent news that an American Bank, Silicon Valley Bank, collapsed. This raises two important questions: what happened? And, could something similar happen here? What Was…
What Can an SMSF Pay For?
It has been a while since we last wrote about self-managing your super. Self-managing super can be a lot of fun and, if done well, can be very cost-effective as…
Super’s Got a New Cap
You may have seen recent commentary about a new cap on large super balances. It has caused a lot of discussion, but the changes will not affect that many people.…
All debt is paid off ‘After-Tax’
If you have a debt, you are probably making repayments. Each repayment you make is probably divided into two parts: interest and principal. Indeed, technically, you are only actually making…
When you have debt, every dollar you spend is a borrowed dollar. It’s a loop.
Many people have debt. Not as many people realise that, if you have debt of any kind, then every dollar you spend is another dollar you have borrowed. That’s how debt works.…