Mid-Year Economic and Fiscal Outlook: Budget 2024-25

The Government’s Mid-Year Economic and Fiscal Outlook reveals a reduced deficit, lower debt, and improved fiscal position. Achievements include limited spending growth, tax cuts, and cost-of-living relief. The economy continues to grow with job creation and rising wages, while addressing health, education, and environmental challenges for sustainable growth.

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Jenni Anderson
Have you refinanced recently?

If you haven’t looked into refinancing since the start of higher interest rates, it might be time to ask yourself ‘why not?’ New research shows it could be time to try again – especially if you want to start 2025 off on the right foot.

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Jenni Anderson
HECS Refund: What You Need to Know

The Australian Government's announcement of study loan refunds has caused a stir among those who have fully repaid their student loans. The study loan refund initiative allows eligible borrowers to claim a refund on their fully repaid loans.

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Jenni Anderson
Thinking of buying a holiday home? Here’s what to weigh up

The coming weeks will see millions of Aussies enjoy a well-earned getaway, and for some, a memorable holiday will inspire plans to buy a holiday home. But is it a good idea? And can a weekender still stack up financially? We explain what to consider plus tips to fund a vacation property.

It’s that time of year when we lock up our home, load up the car, and hit the highway to unwind with an all-too-brief sea or tree change. It can add up to a wonderful experience, and some holidaymakers will stretch the vacation buzz a lot further by purchasing a holiday home. But given the current state of property prices, is a weekender a smart move? Here’s what to weigh up.

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Jenni Anderson
Is Your Business Ready for the Year Ahead? Conduct an End-of-Year Health Check

The end of the year provides an invaluable opportunity to reflect on workplace practices, legislative changes, and strategies for success. With 2024 bringing substantial shifts in industrial relations, businesses need to ensure they are compliant and prepared for the new year. To help, the Victorian Chamber of Commerce and Industry has compiled key insights, which we’ve summarised below to provide actionable guidance for your business.

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Jenni Anderson
Market Update - Month Overview (October-November 2024)

In October 2024, Australian markets saw declines, with the ASX 200 Index falling 1.3%, impacted by resilient inflation, strong employment, and weak retail sales. Financials gained amid steady economic data, while Utilities, Consumer Staples, and Materials led losses. The property market was mixed, with Perth rising and Sydney and Melbourne declining. Globally, developed markets outperformed emerging ones, with U.S. indices falling due to election uncertainty despite moderating inflation. Japan's Nikkei gained from a weaker yen, while Chinese markets declined as stimulus effects faded. The AUD weakened, notably against the USD, amid shifting global economic conditions and interest rate changes.

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Jenni Anderson
Sensible Cashflow Decisions Over the Holiday Period

The holiday season often brings joy, connection, and, for many, financial strain. Between gift-giving, travel expenses, festive meals, and social outings, managing cash flow can feel overwhelming. However, with a few sensible strategies, you can enjoy the holidays without jeopardising your financial health. Here’s how to keep your cash flow under control while still embracing the spirit of the season.

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Jenni Anderson