Money

Mentorship accelerates success and fosters professional growth

“Exploring how mentorship accelerates success, fosters accountability, and opens opportunities for professional growth.”

Published

4 months ago

March 11, 2025

Nathan Langridge

How mentorship accelerates success, fosters accountability, and opens opportunities for professional growth.

In Short

Success is rarely a solo journey. Behind every great achiever is often a mentor who has guided them along the way. Mentorship provides invaluable support, offering wisdom, accountability, and opportunities that accelerate growth. Here’s why having a mentor can be a game-changer in your personal and professional journey.

Guidance & Experience
A mentor brings the benefit of experience, sharing lessons learned from their own successes and failures. This guidance helps mentees navigate challenges, avoid common pitfalls, and make informed decisions. Rather than learning through trial and error, mentees gain a head start by leveraging their mentor’s insights.

Accountability & Motivation
A mentor serves as an accountability partner, ensuring you stay committed to your goals. Regular check-ins provide motivation and encouragement, pushing you to overcome obstacles and stay focused on progress. The right mentor challenges you to grow, offering constructive feedback that fosters resilience and determination.

Networking & Opportunities
One of the biggest advantages of mentorship is access to new connections. Mentors open doors to valuable networking opportunities, introducing you to people, resources, and experiences that might otherwise be out of reach. These connections can lead to career advancements, collaborations, and invaluable learning experiences.

Skill & Knowledge Development
Learning from a mentor allows you to refine existing skills and acquire new ones more efficiently. Their expertise provides a structured learning path, helping you develop industry-specific knowledge while avoiding unnecessary setbacks.

Confidence & Decision-Making
A good mentor instills confidence by providing honest, constructive feedback. Their perspective helps you make well-informed decisions, reducing uncertainty and increasing your ability to take strategic risks.

Long-Term Growth & Success
Mentorship fosters continuous learning and self-improvement. A mentor helps shape your mindset for long-term success, providing not just immediate guidance but a foundation for lifelong growth.

In an ever-evolving world, having a mentor is not just beneficial—it’s essential. Seek mentorship, invest in growth, and watch your success soar.

Dr Steven Enticott is a finance professional, speaker, regular columnist, and author of The Man With A Plan.

For more information www.ciatax.com.au

Money

Markets surge as Fed hints at July cut

Fed’s Waller hints at July rate cut, boosting investor sentiment; Trump imposes 50% tariff on Brazil, provoking minimal market response.

Published

2 days ago

July 11, 2025

ticker NEWS

Fed’s Waller hints at July rate cut, boosting investor sentiment; Trump imposes 50% tariff on Brazil, provoking minimal market response.

Fed Governor Christopher Waller, tipped as a possible next Chair, signalled a July rate cut is on the table, calling current policy “too tight.” That’s been enough to supercharge investor sentiment.

Meanwhile, Trump has slapped a surprise 50% tariff on Brazil, sparking political tension. Brazil’s President responded with tough talk on “sovereignty,” but markets barely blinked, the Brazilian real dropped just 1%.

#StockMarket #FederalReserve #Bitcoin #AUD #TrumpTariffs #TickerNews

Money

Trump’s copper tariff shakes global markets

Trump’s 50% copper import tariff aims to strengthen U.S. manufacturing, impacting global supply chains and Chile significantly.

Published

3 days ago

July 10, 2025

ticker NEWS

Trump’s 50% copper import tariff aims to strengthen U.S. manufacturing, impacting global supply chains and Chile significantly.

President Donald Trump has unveiled plans to impose a 50% tariff on copper imports, a move set to rattle global supply chains and redraw the industrial map.

The tariff will hit within weeks, with Chile, the world’s largest copper exporter, expected to bear the brunt.

While Australia’s direct copper trade with the US is limited, analysts say the real message is strategic: the US is reinforcing its domestic manufacturing power.

#CopperTariff #DonaldTrump #TradeWar #GlobalMarkets #TickerNews

Money

RBA unexpectedly keeps interest rates steady at 3.85%

RBA surprises with decision to maintain interest rates at 3.85%, impacting economic forecasts and housing market activity.

Published

5 days ago

July 8, 2025

Ahron Young

RBA surprises with decision to maintain interest rates at 3.85%, impacting economic forecasts and housing market activity.

In Short:
The Reserve Bank of Australia has kept its cash rate at 3.85% despite concerns from the Housing Industry Association about its impact on new home construction. Although inflation is within target and there’s some market confidence, households are under financial strain amidst economic uncertainties.

The Reserve Bank of Australia has decided to maintain the cash rate at 3.85% following a split vote of six to three. This unexpected decision comes as the Housing Industry Association warns that these rates remain restrictive, potentially hindering new home building.

Senior economist Tom Devitt stated that the rates will delay necessary building activity but noted improved market confidence following previous rate cuts.

Current inflation data shows the RBA’s preferred measure has been declining and remains within the target range. However, household spending is under strain, with Australia experiencing a per capita recession since mid-2022.

Labour costs

The RBA’s decision was influenced by concerns over productivity growth and high unit labour costs, affecting its inflation outlook. While some economists anticipated a rate cut, the RBA opted for caution due to economic uncertainties, both domestically and internationally.

The bank acknowledged gradual recovery in private demand and household incomes but highlighted ongoing challenges in passing cost increases to final prices.

Despite the hold on rates, price rises in essentials like petrol continue to impact Australian households. The RBA emphasized the need for ongoing assessment before making future rate changes, suggesting a careful approach in response to evolving economic conditions.