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Investment Scam is Robbing Australians of Millions

The Federal Government is being urged to ban a highly speculative investment scheme that has been hijacked by international fraudsters to steal millions of dollars from Australians. The following report has been published by ABC Political Reporter’s Matthew Doran and Henry Belot. So-called “binary options trading” allows investors to speculate on whether a stock or commodity […]

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The True Cost of Buying and Owning Property in 2017

Looking into buying your first home? Maybe you’re considering venturing into investment properties? Congratulations! But, before you make any concrete decisions, do your research. Here is the TRUE cost of buying or owning a property. You’ve probably figured out that buying a property isn’t cheap. Sadly, it is not just the property’s dollar figure you […]

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Fourth Industrial Revolution Threatens Aussie Jobs

The fourth industrial revolution, characterised by artificial intelligence, is well underway, but figures suggest this might not mean a step forward like the name suggests. There have been some serious breakthroughs in the past few years around intelligent robots and machine learning, but PricewaterhouseCoopers Economist Jeremy Thorpe believes this spells bad news for Australians. “Over […]

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Listed Investment Companies Growth Unsustainable

It has been forecasted that recent growth in listed investment companies (LICs) cannot be sustained, and will soon drop due the reduced profitability. Money Management has the full report. According to Zenith’s study ‘2017 Listed Investment Companies Sector Review,’ the strongest period of growth was between mid 2013 and early 2017, with 95 LICs listed […]

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Silver Economy = Tech gold mine

The nbn network has announced baby boomers are expected to start around 14,000 businesses each year now there is much better access to online resources. The nbn Silver Economy report demonstrated seniors are surprisingly capable in utilising modern technology to commence new business ventures, doubling those initiated by Gen Y. 67% of baby boomers have […]

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Australia’s household debt crisis worse than ever

Australian’s are struggling more than ever to keep up with their bill repayments and avoid becoming deeper in debt. David Taylor from ABC News discovered this first-hand when he visited the Australian headquarters of the National Debt Helpline, where calls have increased an average 20% per month from 2016.  It’s incredibly cliched, but in Australia right […]

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Lenders warn: Cyber mortgage fraud on the rise

The cost of financial fraud increases by more than one-third each year in Australia. In 2017, you can never be too wary when it comes to fraudulent behaviour.  Duncan Hughes of Financial Review has the concerning report. Sophisticated mortgage fraud using authentic digital applications are on the rise, according to fraud experts tracking an estimated $1 billion in […]

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