Spending

Budget 2024 – What does increased Defence spending mean for Australia?

This year’s budget has resulted in a plan to invest $50.7bn in defence spending over the next decade as part of the Integrated Investment Program, aiming to increase the GDP portion that defence spending takes. From tanks to housing, small arms to helicopters, the spread of defence spending is wide, and aims to take Australian …

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Record Christmas spending: tips for budgeting this festive season

This Christmas, Australians are set to break spending records, with Finder’s research revealing a projected expenditure surpassing $30 billion — This is a 10% increase from the previous year. As the cost-of-living increases and everyday items become more expensive to purchase. We speak to Dr. Angel Zhong, Associate Professor of Finance at RMIT University on …

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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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