#Savings
Let’s Talk: Cost cutting in business and what you can do to save
Running a business is a challenge at the best of times, but throw in a pandemic and the associated economic woes – and cost cutting has never been more important.
Australia facing its worst economic contraction in history
The ABS confirmed Australia’s first recession since 1990 after recording two consecutive quarters of economic decline. After being hammered by the pandemic, bushfires and drought, Australia’s GDP plunged by 7 per cent in the April-June quarter. This follows a 0.3 per cent fall in the previous quarter. The 7 per cent fall is also the […]
How to ensure your future retirement is comfortable
Making informed investment decisions to secure a comfortable retirement Understanding the impact your preservation age has on your retirement plans Ensuring financial longevity rather than short term returns. Following the launch of their ‘Don’t Die Poor’ campaign in late March, Melbourne-based financial advisory, Pekada, are determined to maintain this momentum with their recent insights into […]
Common myths about online business dispelled
Taking advantage of the exponential growth of e-commerce, an increasing number of online-only businesses have emerged over the past several years. While they’re are more common place than ever, a number of myths persist among people seeking to launch a business that exists solely on the internet. To ensure determined online business hopefuls know what they’re in for and are in a strong position […]
Aussies lack professional advice when switching superannuation
Only 35.4 per cent of Australians sought the advice of a professional, such as an accountant or financial planner, when deciding to change superannuation providers.
Don’t leave your savings accounts idle
Have you ever left money sitting in a bank account for more than three years? If so, watch out. According to media reports, the government has seized a record $360 million from 80,000 idle bank accounts in the year to May.
Girls just wanna have funds
VicSuper is shining the spotlight on female financial literacy by launching the Super Woman Money Program.
SMBs to save on energy bills with new app
Online energy provider, Click Energy, recently launched an application to help households and SMBs to monitor their electricity usage and avoid bill shock.
Save money by spending
It’s necessary to spend carefully when your business is still young, but you also need to remember that it’s not about being penny-pinching, but being savvy about the way you spend money to help your business grow.
How to make money from your business clutter
You might have thousands of dollars in unused equipment lying around your office. Here’s how to turn it into cold hard cash.
7 frugal start-up tips from millionaire entrepreneurs
Even the most successful business owners pinched pennies when starting up, and many still do. Consider their money-saving advice when starting a business.
More savings but more debt for Gen Y
Generation Y has excellent saving skills but more debt than ever before, according to new research by REST Industry Super.
Switching banks ‘too hard’ for consumers
Consumers are electing to stay with their current bank due to costs and barriers to exit in place to keep them with the institution a new report has found.
Saver misbehaviour
You may have noticed a savings account war being waged, in recent weeks, in the streets of Bankland. Fights have broken out over the highest “special” rates, the most user-friendly conditions, and even – to a lesser extent – over the base rates. It’s good news for savers — but is it good news for small business?
Death of the technology middle man
As your small business chugs along, one of the key things to keep in mind is: How many hands are in your pocket? With so many technology-related expenses, there may well be a few. Where middle men were once the cost of doing business – hooking up your phone lines, for example – many vital […]