Finance

Local musicians struggling to make ends meet

A recent survey by Musicians Australia and Media, Entertainment & Arts Alliance, reveals that half of Australia’s musicians earned less than $6000 last year. The findings highlight widespread concerns with financial instability including unpaid gigs. I spoke with Elise Chidiac from MEAA about improving working conditions to support musicians’ livelihoods. Image: Image by Cloudfront Produced …

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Research Reveals Most Australians Don’t Know What a Credit Score Is

New research from financial institute Salt and Lime finds most Australians don’t know what a credit score is, despite nearly eight in ten Australians having at least one financial product.  Around 65% of Australians are unfamiliar with, or misinformed about credit scores.  So what is a credit score? And why is it so important?  Image: …

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Better budgeting needed from Young Australians for retirement

While many young Australians are struggling financially with the current economic downturn and cost of living crisis, financial experts say younger populations also have expensive lifestyle and spending habits that impact their long-term financial outlook.  A leading financial advisor says young Australians aged between 27-42 years old may not have enough superannuation savings for retirement …

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PwC hit by massive Cyber breach

PricewaterhouseCoopers the huge accounting, legal and consulting conglomerate who was already reeling from multiple Government confidentiality breaches, suffered another setback with a massive cybersecurity breach. The firm, who specialises in cyber security consulting, was itself the target of Russian-linked criminal group CLOP – which broke into their file transfer system MOVEit .  Once there, they …

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Financial workshops empower women escaping abuse

In 2020, the murder of Hannah Clarke and her children devastated her family, her community, and the country. Then, during the pandemic, Australians experiencing domestic abuse had serious challenges with lockdowns across the country, becoming more vulnerable. These events motivated Karen Lindsay to start Financial Superwomen. Her organisation provides free workshops to empower women to …

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