Australian inflation is very high. The Reserve Bank of Australia (RBA) has been focusing on reducing inflation through the main policy tool available in the central bank’s toolkit – interest rates.
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Day: 18 August 2023
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Understanding your investment options
Investing is full of jargon and technical terms that can make getting started or managing your investments seem intimidating. Learn more about the key terms involved.
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How to monitor carried forward concessional contributions
You may be eligible to make concessional contributions that are greater than the annual cap if you haven’t fully used your concessional cap in an earlier year. This could help you to save even more for retirement, while also managing tax.
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How to help grow your money through compound interest
Earning interest on interest: learn how the power of compounding can send your savings rocketing.
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Economic update
July was a relatively uneventful month in financial markets and volatility remained low. Risk assets continued to perform well despite a sharp increase in the oil price. In fact July was the best month for oil since January 2022.
CONTINUE READING Economic update 8 min read
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Are you getting the Age Pension you’re entitled to?
If you receive the Age Pension, recent changes to means testing for retirees could put more money in your pocket.
