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Your Money

Another month of big spending by young West Aussies highlights challenge for Reserve Bank

by Anas Siddiqui
Another month of big spending by young West Aussies highlights challenge for Reserve Bank

Young West Australians splashing cash on travel while other generations rein in spending has highlighted the challenge the Reserve Bank faces in fighting inflation, an economist says. Bankwest has revealed …

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Spotlight on wages as jobs market loses heat

by Anas Siddiqui
Spotlight on wages as jobs market loses heat

After several months of robust pay bumps, wage growth has likely passed its peak, slowed by a softening jobs market. The June quarter wage price index from the Australian Bureau …

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Mobile wallet payments overtake ATM cash withdrawals amid digital banking boom: ABA report

by Anas Siddiqui
Mobile wallet payments overtake ATM cash withdrawals amid digital banking boom: ABA report

Payments made using mobile wallets have overtaken ATM cash withdrawals for the first time ever, according to a new Australian Banking Association survey, in yet another sign of the digital …

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Fresh Bankwest data reveals West Australians spending more to repair than buying replacement items

by Anas Siddiqui
Fresh Bankwest data reveals West Australians spending more to repair than buying replacement items

Cash-strapped WA consumers are increasingly spending more on repairs rather than purchasing replacement items as the persistent cost-of-living crunch bites into budgets. Fresh credit and debit spending data from Bankwest …

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Cash Confessions: What two Perth musicians with one child earning $87,000pa combined spend their salary on

by Anas Siddiqui
Cash Confessions: What two Perth musicians with one child earning ,000pa combined spend their salary on

PerthNow’s Cash Confessions asks a wide variety of West Australians what their income is and what they spend their money on in a week. This week, a married couple, both …

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Strong share markets put Aussie pensions on track for big returns

by Anas Siddiqui
Strong share markets put Aussie pensions on track for big returns

Australian superannuation funds are set to post another bumper financial year as strong financial markets lift returns of higher-risk funds towards and beyond double figures. Thanks to share markets surging …

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RBA keeps interest rates on hold at 4.35pc in June

by Anas Siddiqui
RBA keeps interest rates on hold at 4.35pc in June

Interest rates have been kept on hold, with the Reserve Bank of Australia board standing pat for its fifth consecutive meeting. The central bank on Tuesday left rates at 4.35 …

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Cash Confessions: What a receptionist, young homeowner on $66,300 a year spends her salary on in a week

by Anas Siddiqui
Cash Confessions: What a receptionist, young homeowner on ,300 a year spends her salary on in a week

PerthNow’s Cash Confessions asks ordinary West Australians what their income is and what they spend their money on in a week. This week, a 26-year-old Perth receptionist on $66,300 a …

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Cash Confessions: What a WA public servant on $120,000 a year spends in a week

by Anas Siddiqui
Cash Confessions: What a WA public servant on 0,000 a year spends in a week

PerthNow’s Cash Confessions asks ordinary West Australians what their income is and what they spend their money on in a week. This week, a public servant and a part-time early …

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Cash Confessions: What a blended family from Armadale on $210,000 a year spend in a week

by Anas Siddiqui
Cash Confessions: What a blended family from Armadale on 0,000 a year spend in a week

PerthNow’s Cash Confessions asks ordinary West Australians what their income is and what they spend their money on in a week. This week, a blended family from Armadale consisting of …

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