Organising a loan for your business can be an important step in fuelling growth or covering unexpected expenses, but many business owners fall into the same traps during the loan application process. To ensure a smoother application and avoid delays or even denial, here’s the top five mistakes you should watch out for – and…
Facing complex financial decisions, often without adequate knowledge, can be challenging for anyone, but particularly for young people.A recent government study found that 49% of 18-25 year olds lacked the confidence to make financial decisions, while 94% aged 14-17 believed that understanding money-management is crucial. Though schools play an educational role around money in daily…
The final quarter of 2024 reflected a mixed economic landscape. While consumer spending and equity markets showed resilience, persistent inflation, cost-of-living pressures and a cooling housing market have tempered optimism. Interest Rates – Will They Rise or Fall? Inflation in Australia showed signs of easing during the final months of 2024, with the trimmed…
Share markets are renowned for taking unexpected downturns and while history shows that markets eventually recover, this rebound in value can occasionally take time. Investors concerned about this risk might consider a stronger focus on income-generating investments. These can range from those that have no potential to lose capital value to ones with a higher…
The operations of most small businesses rely on at least one or two pivotal people: usually the owner and perhaps a valued employee. If one of these key people were to experience a major illness or injury, or perhaps die, there is a good chance that the business would struggle and perhaps even fail. …