Money Magazine Australia - September 2023

In this issue

*BUY, KEEP OR SELL - What’s your next property move?
*BUDGETING APPS CAN BOOST SAVINGS
*HOW LANDLORDS JUSTIFY A RENT RISE
*WHEN KIDS WORK TO HELP PAY THE BILLS
*Consumer Finance Awards Isssue

Come clean about a dirty obsession

Many Aussies would rather stop eating out than let go of the cleaner, but there’s a way to enjoy both

2 mins

1 million Aussies juggle two jobs

Following 12 interest rate rises since May last year, almost 1 million Australians are juggling a second job or a side hustle to make ends meet, new data from the Australian Bureau of Statistics (ABS) shows.

1 min

Clearance rates high as housing recovers

For the first time since 2021, auction clearance rates have held above 70% for the second consecutive month across the combined capitals (71.1%) and above 60% across the combined regions (60.5%), according to Domain’s July auction report.

1 min

All quiet on the listings front

The initial public offering (IPO) market in Australia has experienced its quietest six months in years, with just 14 new listings between January and June compared with 59 in the same period in 2022.

1 min

Stretched budgets dampen enthusiasm

The number of Australians trading shares and exchange traded funds (ETFs) online has dropped by 15% in a matter of months.

1 min

Baby boomers bet on blue chips

Older investors have a reputation for loving well-established, high-quality companies.

1 min

A people person changes the rules of war

There is a hint of pride in Oleg Vornik’s voice when he confides that, about six months ago, he was named on Russia’s sanctions list.

5 mins

Share in ASEAN's growth

ASEAN countries are experiencing rapid expansion, providing opportunities for investors who are looking for long-term gains

6 mins

BUY, KEEP OR SELL

Make the most of your property decisions

10+ mins

Budgeting is a breeze

In today's digital banking world, the right financial app could save you time and money

5 mins

The mutual makeover

The member-owned banks are evolving, but their core focus on customer and community remains the same

6 mins

Skills you need to be successful

The amount of effort you are prepared to make will determine what type of investor you are

5 mins

We need labels that tell the truth

The descriptions that funds attach to their investment options should be consistent and accurate

4 mins

Doomers caught out by sharemarket rebound

Professional fund managers underperformed, but investors who stayed the course have reaped the rewards anyway

3 mins

Clouds loom over the pyjama party

Funky sleepwear and stationery have been big winners for Solomon Lew, but tougher times may lie ahead

4 mins

The big ones that got away

It's painful when you miss your chance to make a fortune, but you can keep playing the stockmarket game as long as you live

3 mins

Read all stories from Money Magazine Australia

Money Magazine Australia Description:

Money Magazine Australia is a monthly magazine that provides personal finance advice to Australian readers. It is published by Are Media and has been in circulation since 1997. The magazine covers a wide range of financial topics, including budgeting, investing, retirement planning, debt management, and insurance.

Money Magazine Australia is written by experienced financial journalists and experts, and it provides comprehensive and up-to-date information on its chosen topics. The magazine is easy to understand and navigate, and it is available in both print and digital formats. Money Magazine Australia also offers a variety of resources, such as calculators, quizzes, and articles.

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