people commuting on an escaltor

What makes the stock market go up and down?

From the second a stock is listed on an exchange its price will rise and fall. But why? It starts with supply and demand. The price of a stock will rise as more people want to buy it, and fall as more people want to sell it. So, what influences demand? Earnings and profit play a…

Maximise your super

While most of us don’t get as excited as the average number-crunching accountant each 1 July, the new financial year is a good time to reassess your finances, such as your superannuation.

What does the RBA do?

On the first Tuesday of every month, the Reserve Bank of Australia (RBA) meets to set the cash rate. But what is the cash rate, and what exactly does the RBA do? The RBA is the government-owned, but independent central financial authority in Australia. One of the RBA’s jobs is to set the official cash…

The importance of your credit rating

It’s no secret that we are a society that isn’t afraid of debt. Over the past three decades, Australian household debt has steadily climbed as more and more of us take out mortgages for homes and rely on products such as car loans and credit cards. According to the latest OECD data, the ratio of household…