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Take a sec to check Scammers aim to take advantage of weak security and plan on you being distracted with everyday life. To keep yourself safe: Stop – Don’t share your personal information such as your myGov sign in details, Tax File Number (TFN), or bank account details, with anyone unless you trust the person...Read More

Donald Trump’s new international trade tariffs have landed. Some are lower than others, some deals have been done, but overall they are the highest they have been in 100 years. They are also unprecedented in the era of the rules-based trade system that has been in place since 1945. So what happens next? That’s a...Read More

If you have a poor credit score or an error in your credit report, it may affect loans or credit you apply for. You have a right to get errors fixed for free, and you can arrange this yourself. What you can get fixed (for free) Here are some of the typical errors in credit...Read More

When to declare taxable and tax-free government payments, pensions and allowances in your tax return. What are government payments, pensions and allowances? Australian Government payments, pensions and allowances are income amounts that you receive from a government agency. Commonly these payments are from Services Australia or the Department of Veteran’s affairs (DVA). Depending on the...Read More

If you are trying to get ahead financially, whether you are coming up with a deposit for your first home, focussed on paying down a mortgage, or working towards any other financial goals, budgeting and being able to save is critical, but as well as minimising your spending, a great way to get ahead is...Read More

Retirement might be just around the corner, or maybe you’ve recently crossed that exciting threshold. You’ve worked hard for decades, and now ready to trade in the alarm clock for leisurely mornings and to-do lists that are actually fun. But as you move into the next phase of your life; a thought might cross your...Read More

When to include insurance payouts from disaster events in your tax return for businesses, or assets that produce income. When recovering from disaster events, check if you need to report and pay tax on insurance payouts: damaged or destroyed personal items or assets are not taxed businesses or income-producing assets may be taxed. The following...Read More

Here’s how you can help your children build financial literacy Australia is one of the wealthiest countries in the world, yet many Australians struggle with financial literacy. Vanguard’s 2024 How Australia Retires report found that only one-third of Australians were very confident or extremely confident in making financial decisions. While most Australians (56%) were very...Read More

If you find a transaction in your account that you don’t recognise, it could be unauthorised or mistaken. If you think something is wrong, contact your bank as soon as possible. Signs of unauthorised and mistaken transactions An unauthorised transaction is when someone transfers money from your account without your permission. A mistaken transaction is...Read More

Your relationship with money is deeply rooted in your past, often shaped during your formative years by early experiences and the attitudes you observed from your primary caregivers. These influences, absorbed primarily during the imprint period, frequently become ingrained as your personal truth, consciously or unconsciously impacting how you handle finances as an adult. Limiting...Read More