News

Read the latest Australian Finance, Banking and Business news, updates and reports.

  • Global investing

    There are plenty of good reasons why Australian investors feel more comfortable investing at home. Investing overseas is unfamiliar. Foreign exchange movements often feel like too much of a risk. Overseas companies can be difficult to get information on. Sometimes they operate in different languages. It's understandable that we prefer investing at home but this preference often comes at the cost of returns. Home bias – as it's called – affects many local investors. In fact, three in four Australian share investors hold only Australian shares. It's a problem not just because of the small size of the Australian market,…

  • The simple test to reveal why you’re not making money

    Do you feel like you’re working harder than ever but not really getting ahead or making money? Let’s explore what is behind that demotivating feeling. We all have times in our business where we feel a little off track. We’re doing a pile of things, in fact our days are incredibly busy, but we just don’t seem to be making money and getting ahead financially. One of the big problems is that most of us do so much in a day that it’s hard to reflect on what we’ve actually done and how, precisely, we’ve spent our time. When I…

  • Affordable Destinations for Health and Wellness Holidays

    If you struggle to stick to a healthy diet, don't exercise regularly or can't make time for peaceful moments of rest, chances are you need a holiday - and don’t we all! The thing is, we often jet off to exotic shores only to overindulge in junk food, a few too many sunset cocktails and late nights that add up to pure exhaustion on the plane ride home.  And, there’s nothing wrong with that. However, if you want to take a break that truly results in a rejuvenated mind, body and spirit, health and wellness holidays are the way to…

  • 3 Ways to Transform Your Money Mindset in 2020

    Are you guilty of the kind of mental mania that insists you’ll never get out of debt, earn more money or reach your financial goals? Negative thought patterns are familiar to all of us, especially in the face of financial challenges. The thing is, this type of thinking does absolutely nothing towards solving monetary problems. It does, however, play a huge role in perpetuating them.  Think about it this way. When you’re late for work, and you run into bad traffic, no amount of yelling at it is going to make it move. You could, however, consider taking a detour.…

  • The steady road to building wealth

    The lists of Australia's wealthiest individuals and families published annually by different media organisations are generally an interesting read. Ranking them by their net wealth, they show that many of the richest Australians have progressively become richer over time through a combination of business expansion, market forces and shrewd investment decisions. In fact, looking at the aggregate data compiled over the last 20 years, the combined wealth of the top 200 wealthiest people has increased more than five-fold to over $300 billion. Yet, the real story behind these rich list rankings only becomes apparent when one digs a little deeper…

  • 5 easy ways to save money by going green

    Saving the planet isn’t the only reason to go green. Using less energy and fewer resources can also help you cut costs. Take a look at these suggestions to help you save.  Upping how eco-friendly a life you lead can be as good for your bank balance as it is for the environment. Here are five ways you may not have thought of to save money by doing the right thing.    Kill the energy vampires Computers, TVs, phone chargers and even washing machines suck up energy when you’re not using them. According to Energy Australia, standby power is responsible…

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