Property investment offers possible $16,859 annual benefit, despite high house prices

Off the back of Australia’s biggest property market decline on record, first home buyers that previously felt getting into the market was out of reach are now starting to see that it is possible. Some investors are also seeing the opportunity, and wondering if they should be trying to jump in and pick up a bargain.

But, at the same time we’ve seen the fastest interest rate tightening cycle

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David Jones Australia: Retail expert warns iconic 185-year-old Aussie brand could ‘falter’

A retail expert has warned that department store giant David Jones could “finally falter” amid a perfect storm of dire economic conditions and ongoing hardships being faced by the iconic Aussie brand.

Dozens of staff will be impacted after the company announced one of its flagship stores at the Eastland Shopping Centre in Ringwood, in Melbourne’s east, would close from January next…

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How young Australians can actually retire early

For young Aussies, the idea of retiring early may seem like an impossible dream, but it may not be as far-fetched as it seems.

In today’s economic climate, with rising interest rates, the cost of living crisis and skyrocketing inflation, many Aussies are struggling to just pay their rent.

Therefore, the idea of retiring early probably isn’t something many are even considering right now –…

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How professional tenants are exploiting rental laws to scam landlords.

Landlords and real estate agents are calling out the appalling behaviour of so-called ‘professional tenants’ – renters who know how to manipulate tenancy laws to live rent-free.

Rachel, 37, had a horror experience with a professional renter in the central western NSW town of Orange, where she lives with her husband and three young children.

After buying a new home in need of renovation,…

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Binance to pay $4.3b fines, Changpeng Zhao to step down

Binance, the world’s biggest cryptocurrency exchange, is expected to pay fines totalling $US4.3 billion ($6.6 billion) and its chief is planning to step down, a US media report said on Tuesday.

In a deal with US authorities that could allow the company to keep running, Binance chief executive Changpeng Zhao intends to plead guilty to violating US anti-money laundering rules and leave his…

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