Australians have racked up an ‘almighty’ $230 billion in savings during lockdown – but some are struggling to even pay their mortgage
News

Australians have racked up an ‘almighty’ $230 billion in savings during lockdown – but some are struggling to even pay their mortgage

  • Australians are financially better off under lockdown, according to Commonwealth Bank economists.
  • The dip in incomes has been more than compensated by government support payments, CBA data shows.
  • Yet despite Australian savings on track to hit $230 billion, others are doing it much tougher as restrictions bite.
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News

The Morrison government has infuriated Adelaide and Paris alike, as it counts the financial and reputational costs of its new nuclear submarine deal

More representatives for South Australia’s shipbuilding workforce have shared deep concerns over Australia’s new defence deal. While the federal government has committed to the industry in the short term, the future of Australia’s nuclear submarine program is yet to be determined. At the same time, the French government is incensed […]
The Morrison government has infuriated Adelaide and Paris alike, as it counts the financial and reputational costs of its new nuclear submarine deal
Strategy

An Aussie TikTok influencer was called out for promoting crypto to his young fans. It raises questions about whether laws governing financial advice are fit for purpose.

Australian influencers are jumping on a growing global trend: spruiking cryptocurrency on social media. The most notable example is 20-year-old influencer Atis Paul, who along with his sister and girlfriend have been recommending a token called Hushcoin to their followers. While the government has dismissed the dangers of financial influencers […]
An Aussie TikTok influencer was called out for promoting crypto to his young fans. It raises questions about whether laws governing financial advice are fit for purpose.
Reviews

The best Christmas celebration wines over $50

The second half of our two-parter on Xmas wines is a real “best-of-the-best” – it’s for those that want to live large and emphatically say “good riddance” to 2020 and its woes. When there is something to celebrate, champagne must be present. Why not chose something from a less well-known […]
The best Christmas celebration wines over $50
News

The Morrison government has infuriated Adelaide and Paris alike, as it counts the financial and reputational costs of its new nuclear submarine deal

More representatives for South Australia’s shipbuilding workforce have shared deep concerns over Australia’s new defence deal. While the federal government has committed to the industry in the short term, the future of Australia’s nuclear submarine program is yet to be determined. At the same time, the French government is incensed […]
The Morrison government has infuriated Adelaide and Paris alike, as it counts the financial and reputational costs of its new nuclear submarine deal