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Last Updated: Wednesday, 21st May, 5:25PM
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![]() | Kogan Shares Plummet Amid Mighty Ape Tech Challenges Wed, 21 May: Kogan, a prominent name in the online electronics retail industry, is enduring a significant downturn with its New Zealand business, Mighty Ape, experiencing ongoing technical issues that are adversely affecting its financial performance. The company has revealed that it does not expect Mighty Ape to return to profitability until the following financial year due to complications related to a recent website upgrade. - read more
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![]() | $3 Million Super Tax Boosts ETF Popularity Wed, 21 May: The Australian Government's decision to implement a $3 million cap on superannuation tax concessions along with taxing unrealised capital gains has begun to shift investor interest towards Exchange Traded Funds (ETFs), as highlighted by Stockspot's CEO, Chris Brycki. - read more
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![]() | RBA Rate Cut Sparks Concerns Amid Rising Housing Market Outlook Wed, 21 May: The Reserve Bank of Australia's recent decision to reduce the cash rate by 25 basis points to 3.85 per cent has stirred reactions among young Australians and financial experts. The decision provides relief for current homeowners but poses challenges for first-time buyers due to anticipated housing price increases. - read more
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![]() | AFCA Upholds Pause on QBE Claim but Dismisses Fraud Allegation Wed, 21 May: The Australian Financial Complaints Authority (AFCA) has ruled on a dispute involving insurer QBE and a vehicle damage claim. While QBE has been permitted to halt the processing of the claim until the policyholder, a company director, provides additional information, the fraud allegations levied against the claimant remain unsubstantiated. - read more
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![]() | Top 5 Financial Tips for Australian Young Families Starting a family is one of life's most rewarding experiences, but it also comes with a unique set of financial challenges. For young families in Australia, where the cost of living can rise quickly, having a solid financial plan is crucial. Financial planning is not just about managing money; it's about creating a sense of security and peace of mind for your loved ones. - read more
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![]() | Investing 101: A Beginner's Guide for Australian Adults Investing can initially seem daunting, but it’s essentially the act of allocating money with the expectation of generating an income or profit over time. It's important because investing offers the potential for your money to grow and outpace inflation, ensuring you have a secure financial future. - read more
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![]() | Maximise Your Superannuation: Strategies for a Comfortable Retirement Superannuation, commonly known as 'super,' is a crucial part of planning for a comfortable retirement. It serves as a long-term savings measure, gradually increasing in value to support you once you stop working. But what exactly is superannuation? - read more
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![]() | How Much Life Insurance Do I Need? There are many different reasons to purchase life insurance (generation skipping tax, estate plan, estate preservation, surviving spouse needs, planning for your children's future and more). There is no right amount of life insurance, but here are some guidelines that might help you decide how much life insurance you need. - read more
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