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Articles Tagged with

cost of living

"Considering
Advice, Uncategorized

Are you considering a Granny Flat arrangement…. What could go wrong?

A lot as it turns out. To decrease disaster, it’s worth considering a formal agreement which lays out everyone’s expectations on the table.

Why are Granny Flat arrangements becoming so popular?

Unaffordable property prices and unreasonable rents are pushing many families to rethink their living situations. Granny flats can often be a popular solution as it may provide you the opportunity to continue to live independently in a home for longer whilst providing suitable and reasonably priced accommodation for the younger generation.

Also, capitalising on the families grouped financial resources and support creates another possible alternative to aged care.

"Navigating
Budgeting, Debt Management, Finance Updates

Navigating the Era of Rising Interest Rates

If you have a mortgage, the mere mention of interest rates is enough to make your blood pressure go through the roof.

To an extent, overwhelming emotions in the current financial climate come from having a lack of control. An era of low, carefree mortgage rates would appear to be behind us, at least for the moment.

So, how can we mitigate the pressure that rising interest rates put on our financial future? Find out as we show you how to get clever in an attempt to turn interest rate hikes to your advantage.

"Weathering
Uncategorized

Weathering the Storm: 5 Tips for Budgeting During Inflation

Inflation in Australia has been hovering at alarming levels with wages squeezed and prices soaring to levels that many millennials had never thought possible. The situation is deeply unsettling.

It’s a good opportunity to take stock and baton down the hatches so that we can all come out of the other side without incurring huge debts. Careful budgeting is going to be key. Read on for our top budgeting tips to help you secure the best financial future.

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Federal Budget, Finance Updates, PAC Financial

Federal Budget Briefing 9th May 2023

On Tuesday 9th May, Labor handed down its second Budget for 2023-24. The announcements were concentrated around providing support to ease the cost of living.
Below are some of the key announcements from the Budget and how these might apply to you if they become law.

Disclaimer: These are currently announcements only; the successful implementation of the measures will require successful negotiation through the Senate where the Government does not hold a majority. The final version of these measures may differ from the current announcements.

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