NEWS UPDATE
NEWS UPDATE
Higher levels of inflation will stick around for several months, the treasurer has warned, as new figures put pressure on the Reserve Bank to lift interest rates further. Underlying inflation ticked up for January, coming in at 3.4 per cent, up from 3.3 per cent...
A “cartel” of vested interests is stymying crucial tax reforms which could help free up more homes, a former boss of the Reserve Bank says. Bernie Fraser, the only person in Australian history to have served as both RBA governor and Treasury secretary, said tax...
Australians have leaned into debt ahead of the central bank’s pivot to hike interest rates, with applications for mortgages and credit cards doubling in the recent quarter. Mortgage credit demand grew 12.3 per cent, while credit card applications jumped more than 15 per cent in...
Ongoing strength in the nation’s jobs market has lifted the change of another interest rate rise in the coming months, experts warn. Australia’s unemployment rate held steady at 4.1 per cent for January with nearly 18,000 jobs created, according to Bureau of Statistics data released...
For many professionals, the annual performance review is both an opportunity and a source of anxiety—especially when it comes to discussing remuneration. Asking for a pay rise can feel uncomfortable, even risky. Yet when approached thoughtfully and strategically, it becomes a constructive leadership conversation rather...
Tax tends to become a priority when deadlines are close — but the best tax outcomes are usually supported by decisions made throughout the year. For individuals and business owners alike, proactive tax planning can reduce last-minute stress, improve clarity, and help ensure you’re making...
For many, a home loan is one of the largest financial commitments they’ll ever make. Yet, it’s not something most people revisit often enough. Whether you’re paying off credit cards, dreaming of a kitchen renovation, or wondering if your current interest rate is still competitive,...
If I could sit down with my younger self and offer a heartfelt conversation, it would revolve around the two pillars of a well-lived life: financial wisdom and life perspective. It wouldn’t be a lecture, but more like quiet guidance—a few truths, a handful of...
Key points Introduction Share markets have had a bit of a wobbly start to the year, particularly in the US. This note looks at nine key charts worth watching. Chart 1: Global business conditions PMIs – positive As always, a key driver of how shares...
Inflation has outstripped wage growth for the first time in more than two years, despite many workers receiving a recent boost to their pay packet. December quarter wages data released on Wednesday by the Australian Bureau of Statistics showed seasonally adjusted wages rose 3.4 per...
The risk of persistent inflation over coming months was behind the Reserve Bank’s decision to hike interest rates for the first time since 2023. Minutes from the central bank’s February meeting – where the board decided to lift the cash rate by to 3.85 per...
Treasurer Jim Chalmers won’t change the GST despite urging from an influential global economic body to lift the consumption tax. In its latest report, the International Monetary Fund praised the federal government’s handling of Australia’s economy during difficult conditions as inflation pressures return. But the...
Governments are making the right moves on housing affordability but builders are still finding it “very challenging” to bring on new supply, RBA governor Michele Bullock says. Speaking at a second parliamentary hearing in less than one week, Ms Bullock reiterated that a shortage of...
At launch, the Electric Car Discount was expected to help about 5000 Australians get behind the wheel of a quiet, low-emissions, battery-powered vehicle. The policy, introduced in 2022, removed the fringe benefits tax from some electric cars, potentially cutting thousands of dollars from their price....
Forcing Australia’s biggest polluters to pay tax for their emissions may no longer be electoral kryptonite, polling indicates. The survey of 3000 Australian adults by Redbridge Group showed most regional and urban voters supported introducing a pollution levy on the nation’s 100 biggest polluting companies....
Privacy Policy Powered by Feedsy
Angel Advisory Intermediate Pty Ltd trading as Nixon Financial Services
ACN 699 248 989
Corporate Authorised Representative no. 1322597
Financial Services Guide Part 1
Joel Plowman's Financial Services Guide Part 2
Leigh Jenkins Financial Services Guide Part 2
Rod Harper Financial Services Guide Part 2
Mark Trajkovski Financial Services Guide Part 2