A recent study has revealed that the Australian Age Pension is falling short of covering essential living expenses for many retirees. Rising inflation and healthcare costs are making it difficult for older Australians to maintain a basic standard of living, with many needing an additional $10,000 to $15,000 annually to meet their needs.

Many Australian investors are missing out on up to $150,000 in potential capital gains tax savings. Understanding the rules around CGT discounts, exemptions, and strategic tax planning can help minimize your tax bill and boost your financial returns. This guide covers the key strategies you need to know to take advantage of these savings.

Revolut offers unsecured personal loans starting at $396, providing fast, collateral-free financing at competitive rates. With interest rates as low as 6.99%, flexible repayment terms, and an easy online application process, Revolut’s loan is a top choice for those needing quick access to funds. This guide covers everything you need to know about Revolut’s loan offering, from application steps to key factors to consider before applying.

The Northern Territory launches a $50,000 home buyer grant on 1 October 2024, offering financial support for first-home buyers and existing homeowners to build or purchase new homes. With no cap on property values and eligibility open to Australian citizens and permanent residents, this initiative aims to boost local housing markets and attract new residents.

Starting from 20 September 2024, Australians receiving Age Pension, JobSeeker, and other Centrelink benefits will see significant increases in their payments. Singles will receive up to $28.10 extra per fortnight, while couples can expect an additional $42.40. This adjustment is part of the government’s indexation process to help vulnerable populations manage rising living costs.