Secured and Unsecured Loans: What’s the Difference?
Source: NestEgg When you’re planning a big purchase (a car or a house) or just need cash to help you through financial trouble, choosing the right type of loan is important. There are two types of loans: secured and unsecured loan. The main difference between these types of loans is […]
What Younger Australians are Getting Wrong About Home Loans
Source: NestEgg For some younger Australians, the possibility of being locked out of the country’s housing market is as much a fear as it is an opportunity. A growing gulf between housing prices and wage growth has inspired many to jump into the market no matter the cost. However, some […]
Crypto Investing Has Doubled in Popularity Among Younger Aussies
A contrast to their jargon-laden origins, new research released by CoinSpot suggests that cryptocurrencies are creeping into mainstream Australia. “No longer is crypto reserved for the tech enthusiasts; now everyday investors are getting involved,” said CoinSpot marketing executive Tim Wilks. Mr Wilks said that both strong growth from market leaders […]
ATO Issues Tax Tips for First-Time Share and ETF Investors
Recognising that first-time investors often misunderstand their tax obligations in relation to reporting capital gains and income, the Australian Taxation Office (ATO) has warned first-time share and exchange traded funds (ETF) investors that a range of simple mistakes can prolong the process. “Unfortunately, first-time investors often don’t understand their taxation obligations, […]
Divorce, Superannuation and the Gender Divide
From 1 April 2022, the Australian Taxation Office (ATO) will be able to release details of an individual’s superannuation information to a family law court. The recently enacted laws are designed to ensure that there is procedural and economic fairness in divorce proceedings to prevent the under-reporting of superannuation assets. […]
What now? Unwinding the Pandemic
Australia’s two largest states and the ACT are in lockdown as the Delta strain of COVID-19 takes its toll while others are standing firm on a policy of eradication. The result is a country at a policy impasse and divided by border restrictions. And, it is not just businesses in […]
