The simple step to help you pay down debt? Speak up.
If you’re feeling anxious about your debts, it’s time to start communicating. Here are five steps you can take to talk through your debts.
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The first 3 steps to paying down your debt
As the new year kicks off, take a look at your debts and take the first step to paying down household debt, credit card debt and Christmas debt.
December 3 Economic Update: Australia’s economic recovery is beginning
New data released today by illion shows Australia’s economic recovery is starting to emerge, but with Sydney taking a clear lead over Melbourne.
November 5 Economic Update: our new normal emerges
New data released today shows Australia’s economic recovery is starting to emerge. The last fortnight of spending has been the first time Australia has hit pre-pandemic levels of spending since July. This is also the first time since the pandemic began that high income earners are spending at pre COVID levels – both in discretionary and essential spending.
Five hacks to help you spend less this Christmas
With COVID-19 lockdowns and restriction across much of the country, it is estimated Aussies will spend $18.8 billion this Christmas, down from $25 billion last year. So as we get ready for work Christmas parties, catch ups with friends and family and planning the Christmas shopping, it is also the time of year where it can be handy to stash away a few extra dollars.
October 19 Economic Update: new infrastructure takes its toll on Western Sydney
New data released today shows a slew of new infrastructure has turned Western Sydney into ‘Toll town’, impacting residents with a significant financial burden – tolls on their daily commute. New data covering the period of May – September 2020 scanned the transactions of millions of commuters to calculate the average spending on tolls per household per week.
Switching providers: The art of negotiation
Do you know how much you are spending on utility bills each month? The average annual cost of electricity, gas, phone and internet, is at least $4,000! But this year — due to forced lockdowns — Australians are seeing their utility bills increase as they spend more time at home. In addition, energy prices have skyrocketed in the last few years, and so keeping the lights on and the heating running is even more of a worry. Shopping for a…
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This could be the secret to better budgeting
If you’ve never had a budget, or if you’ve tried and given up on one before, it can be easy to get overwhelmed. Visions of complicated spreadsheets and living on nothing but 2 minute noodles make the idea seem at best, snore-inducing and at worst, overly restrictive. But the truth is it takes very little effort to get a basic system in place. This is great news, as it can mean the difference between major savings and none at all.…
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September 28 Economic Update: stimulus delivers textbook result
New data released today shows how the Australian government’s textbook stimulus response offset falling spending in the rest of the economy. During the COVID pandemic Australian consumer spending dropped very rapidly – down 21% below normal levels at the height of the pandemic. In response, the Government implemented a strong set of stimulus measures. These stimulus measures helped support overall spending in the economy.
September 15 Economic Update: café culture booms in the ‘burbs
New data released today shows the important role coffee is playing in helping COVID-weary Aussies cope with the daily grind. Whether it’s a time-honored cappuccino or a trendier macchiato, caféphiles in Sydney and Melbourne continue to feed their cravings for fresh ground caffeine in the suburbs.