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May 2017

Budget boosts savings for first homebuyers

It’s not all bad news for first homebuyers… On the 9th of May the Australian Government handed down the 2017/18 budget. It brought some big changes which affect first homebuyers. Most first homebuyers are familiar with the First Home Owners’ Grant, a one-off payment of $15,000 when purchasing a new home. However, after the end of June 2017, the grant drops to $10,000. While this might sound like a blow to all the first homebuyers struggling to break into the market, it’s not all bad news. While the First Home Owners’ Grant will be lower than previously, the government has …

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How can we improve our ‘financial communication’?

Money has meaning beyond the numbers on a page or notes in your wallet. As it is strongly linked to our sense of security and self-worth, a lack of communication and compromise about money can be one of the main causes of relationship problems and breakdowns. If you and your partner argue about money, you’re not alone. See below for some helpful hints on how to avoid the relationship problems caused by money matters. 1 – Discuss your differences Spender or saver – which one are you? Some like to spend their pay before the end of the month and …

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