It’s time to reposition your approach and reconsider some of your wealth-building strategies because of political and economic changes.
Which brings us to the reason rates are up… the RBA is seeking to stem surging prices.Inflation is running at 5.1 per cent and is forecast to go higher, as food and petrol costs keep on rising.
A huge one-in-10 workers switched jobs last year because of a combination of life dissatisfaction and mass mobility driven by the COVID-19 pandemic. The best way to get more pay is to jump ship, too. Joining the great reshuffle could put more cash in your pocket. However, Labor intends to now give the opportunity to buy with the government, too, in a shared-equity situation under itsIt will stump up for as much as 30 per cent of an existing home’s worth and 40 per cent of a new property . That means the government will own a chunk of your home, which you pay back on its sale .The planned extension of the Home Guarantee LMI-exemption scheme to the regions will look different, too.
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