urfinance

18/11/2024

I wanted to share some positive news regarding household financial stress in Australia. According to recent reports, household financial stress has eased in our country for the first time in six quarters. It is encouraging to see that Australians are effectively adapting to the ongoing economic pressures.

While this is indeed a step in the right direction, it is crucial to acknowledge that low-income earners are still facing challenges with rising financial concerns. As we navigate through these uncertain times, it is essential that we continue to support and uplift those who may be experiencing financial difficulties.

But low-income households continue to struggle

11/11/2024

I believe it would be beneficial to keep an eye on how financial institutions respond to this cut and adjust their mortgage rates accordingly.

Understanding these changes can help us make informed decisions regarding our financial goals and responsibilities.

Please feel free to share your thoughts or any insights you may have on this matter.

How will the quarter-point rate cut impact mortgage rates?

05/11/2024

I wanted to quickly touch base with some news from the Reserve Bank of Australia (RBA) which confirmed today that interest rates will be maintained at 4.35% for the eighth consecutive meeting.

This decision may come as a surprise to some, especially amidst speculations of a potential rate cut before Christmas due to promising developments in addressing domestic inflation

30/10/2024

30/10/2024

16/06/2024

Tax reductions and superannuation tweaks to new parental leave entitlements, here are some of the major incoming changes that you'll want to know about.

From tax cuts to higher super contribution caps, here are seven major changes coming into effect in the new financial year.

14/05/2024

Against the backdrop of generational high interest rates, ongoing cost-of-living pressures, and prolonged housing affordability debates, the Australian Government has released the 2024-25 Federal Budget. For the benefit of local businesses and their customers, AMP has assembled a package of helpful information that elucidates the budget's various proposals.

Here's a 5-minute read on how the 2024-25 Federal Budget proposals could affect you.

24/04/2024