We all love hearing that there’s some money heading our way. It’s that time of year again. Do you owe money to the ATO or are you in for a nice tax refund? If you have a tax refund making its way to you, now is the time to think about what you’re going to [...]
Aussie's all around the country are eagerly waiting for their tax refund. For some people that means scraping together enough to pay their tax bill for the year. For others, it means a nice juicy tax refund. If you’re in the latter category, don’t be tempted to go out and spend it all at once. [...]
The End of Financial Year is looming and there’s no better time to get your finances sorted for the financial year ahead. Put aside that guilt of giving up on your new fitness plan at some point in February, and focus on these 10 simple actions, which will help you take financial control during the next [...]
Cash? What cash? Are we mocking you by writing about what you should do with those imaginary piles of money you have stashed under your bed? Look, we know that saving can be hard. Especially when you’re in your 20s and feel like the world is your oyster. And it doesn’t help that record-low interest [...]
Here at Loop, we love all things financial but we know that not everyone shares our passion. That’s why we also love being able to inform, encourage and advise you to help you make better financial decisions, especially when it comes to disposable income. You have worked hard for your money, after all, so why [...]
Have you been left reeling by your tax return? If so, you’re certainly not alone. It can be quite a shock to see just how much of your hard-earned income has gone to the taxman. This is why investing in property with their tax refund is a popular choice among Aussies. Through a process called negative [...]
Following instructions from regulators, banks are set to increase their rates for interest-only home loans in an effort to push more people towards principal and interest loans. If you take out an interest-only loan from a bank, the money you repay only covers the cost of interest – you never actually pay back any of [...]
Who wants more affordable housing? First-home buyers! When do we want it? Now! Well, if you’re hoping to purchase your first home in VIC soon you may just be in luck. The Victorian government have recently revealed new housing affordability measures which clearly favour first-home buyers, while foreign and domestic investors are hit with tighter [...]
Scott Morrison sounded positive about his second Budget, promising “better days ahead” as he delivered it last week. But what will it actually mean for you as you go about your daily life? Here we provide the ultimate Australian budget breakdown so you can decide for yourself whether you share the Treasurer’s optimism. For first-home buyers It’s [...]
Are you planning to apply for finance soon? Whether it’s for a new car, a new home, or renovations on your existing place, there’s one simple thing that may hamper your chances of getting the loan you need. We’re talking about your credit score. Think about it: before you put all that effort into your [...]
Apparently, more than 30% of Gen Y are planning to retire between the ages of 31 and 40. Say Whaaat??? It’s an awesome goal to have, but you ain’t gonna achieve it without some serious money management (or a very rich relative). If you’re Gen Y and hoping to retire early, you need to get [...]
While many young investors may be struggling to crack the property market, they are finding plenty of other innovative ways to invest their money and make good returns. Gen X and Gen Y are losing interest in property investments and big-name shares, and are instead investing more and more in high-growth sectors offshore including video [...]
Finance Minister Mathias Cormann has spoken about the Turnbull government's intention to get the budget back to surplus ASAP, without committing to any hard deadlines. “We need to make decisions that are both fiscally and economically responsible. Based on the numbers in the Budget a return to surplus is forecast, is projected for 2020/21,” Senator [...]
Who wants to live in a house with annual power and water bills that falls under $500? Everyone. A new eco-village, The Cape, Victoria allows its residents to enjoy perks such as affordable housing and game-changing housing sustainable technology in its 8.2-star energy rated homes. The seaside tech-savvy suburb is kitted with the latest sustainability [...]
If that sounds just a bit too crowded for you, stay away from NSW and Victoria where the state governments have limited the minimum studio apartment size to 35 sq. m and 37 sq. m respectively. These restrictions fly in the face of the "micro apartment" concept that's springing up in cities like New York, [...]
