Keep calm and carry on: 5 ways you can absorb interest rate rises

We’ve seen interest rates bounce back up over the past three months, and most economists are predicting more increases to come. If you’re starting to worry about your finances, rest assured there are several steps you can take now to get on the front foot.

Continue ReadingKeep calm and carry on: 5 ways you can absorb interest rate rises

RBA lifts cash rate for the third month in a row to 1.35%

The Reserve Bank of Australia (RBA) has increased the official cash rate by another 50 basis points to 1.35% amid continuing inflation pressures. How much will this third consecutive hike increase your monthly mortgage repayments?

Continue ReadingRBA lifts cash rate for the third month in a row to 1.35%

Financial hardship arrangement reporting is about to change

With interest rates on the way back up, there’s no doubt some households around the country are starting to do it a bit tough. Coincidentally, some big changes kick in on July 1 when it comes to recording financial hardship arrangements.

Continue ReadingFinancial hardship arrangement reporting is about to change

No more Mr Nice Guy: the ATO wants its money

Tax time is just around the corner and the ATO has sent out a warning to businesses around the country that owe it money: the COVID-19 moratorium on debt collection has come to an end. Rest assured though, you’ve got some options.

Continue ReadingNo more Mr Nice Guy: the ATO wants its money

End of content

No more pages to load