01 December, 2022
We all know that Christmas can be an expensive time of year and so it definitely makes sense to look for ways to stretch your money as far as it can during the festive season.
Uncategorized Archives - Page 13 of 56 - Raiz Invest
28 November, 2022
29-11-2022
In a surprising and unprecedented statement at a Senate Estimates Committee meeting yesterday, RBA governor Lowe apologised for forecasting in 2021 that they did not expect the cash rate to go up until 2024. Instead, the RBA has raised rates seven months in a row this year to tame the rising cost of living. He also emphasised that the recent federal budget has not impacted the RBA’s monetary policy.
21 November, 2022
With summer fast approaching, we can look forward to holidays over the new year, an Aussie Christmas in the sun, and some keenly anticipated trips to the beach with friends and family. Fitness becomes the focus for many as we approach the warmer months of the year.
21 November, 2022
NSW First home buyers can now choose to pay up-front stamp duty or a smaller annual land tax of $400 plus 0.3 %of the property’s land value.
31 October, 2022
01-11-2022
It was a bullish end to the week with the ASX200 finishing +1.6%, Dow Jones +5.72%, S&P500 +3.95% and the Nasdaq Composite +2.2%.
28 October, 2022
Now that you’ve got a couple of phrases under your belt from lesson one, let’s move on to some new jargon to unlock your inner finance bro!
26 October, 2022
The Home Guarantee scheme
The Home Guarantee scheme (5% deposit scheme) will continue with 10,000 spots in the program each year to 30 June 2026. Buyers only need a minimum 5 per cent deposit and they will not need to pay lenders mortgage insurance (LMI) on a 95 per cent home loan. The program will be open to First Home Buyers who are Australian citizens, who are at least 18 years of age. Permanent residents are not eligible. Single applicants with a taxable income of up to $125,000 per annum for the previous financial year and couples with a taxable income of up to $200,000 per annum for the previous financial year, as shown on the Notice of Assessment (NOA) issued by the Australian Taxation Office for the previous financial year. Participants must live in the property for at least the first 12 months. It is not open to investment properties. Couples are only eligible for the First Home Guarantee if they are married or in a de-facto relationship. Other individuals buying together, including siblings, parent/child or friends, are not eligible for the First Home Guarantee.
17 October, 2022
18-10-2022
It was a rollercoaster week for global equities, led by a raft of key US economic data releases in the lead up to the US Federal Reserve’s November meeting.
27 September, 2022
21 September, 2022
Finance jargon can be tough to keep up with, here’s the basic lingo to sound like you know what you’re talking about:
