Prime Minister Anthony Albanese has made a big move to protect young Aussies. He plans to ban all kids under 16 from using social media. This law will be introduced in parliament next week. The goal is to reduce the harm social media can cause to kids’ mental health and development. It’s a big step … Read more
Did you know Centrelink’s One-off Crisis Payment (CrP) is a vital help for those in extreme financial trouble? It’s a one-time payment that matches one week’s income support. It’s there to help when you need it most. The CrP started in 1999 to help people after prison or psychiatric care, and those forced out of … Read more
Services Australia has announced a christmas bonus for eligible carers and pensioners. The $600 Carer Supplement will help over 300,000 Aussies. It’s similar to year-end bonuses in companies. This tax-free payment offers relief to those who need it most. The bonus will appear in bank accounts between January 1 to January 7. It won’t count … Read more
Did you know the BetaShares Crypto Innovators ETF (CRYP) has grown to over $200 million in assets? It shows how fast investors want to get into the crypto world. But CRYP is not the only exciting ASX ETF for your $5,000 this week. The Australian ETF market has a lot to offer. You can find … Read more
The NSW government is giving a $100 cash boost to about 600,000 people. This is part of the Active and Creative Kids voucher program. It usually gives $50 vouchers twice a year for kids’ activities. But this year, it’s only for families getting the Family Tax Benefit. The deadline to claim these vouchers is soon. … Read more
Foodbank is planning to grow its school breakfast program in New South Wales and the Australian Capital Territory. It aims to reach 1,000 clubs by 2024. This move is to make sure no child goes hungry, giving them the food they need to learn and grow. Foodbank’s help is now needed more than ever, with … Read more
Over one million Australians will get more money from Centrelink starting January 1. This is because of the rising cost of living. The government is making these changes to keep up with inflation. The Consumer Price Index (CPI) went up by 3.8 per cent in the last 12 months. This led the government to increase … Read more
From January 1, 2025, Australians will see a big change in Centrelink medical certificates. The maximum exemption period will jump from 13 weeks to 24 months. This change by Services Australia will affect many income support programs. These programs include Jobseeker, Youth Allowance, Parenting Payment Single, and Special Benefits for Nominated Visa Holders. The new … Read more
A tiny flaw on a 1981 20c coin could boost its value to $300. This rare Aussie coin has coin collectors searching through their spare change. Numismatic treasures are hiding in plain sight, making the hunt for valuable Australian coins exciting. The “Three and a Half Claw” variety features a platypus with a peculiar imperfection. … Read more
As I sit at my desk, I’m faced with the ATO’s latest assessment. It’s higher than my monthly mortgage payment. This is a reality many Australians are dealing with this year. Social media is full of stories of people owing the Australian Taxation Office (ATO) thousands. Even an Uber Eats driver was hit with a … Read more