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Money

Mortgage stress risks destabilising Australian economy

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Increasing number of Australians are struggling to meet mortgage repayments which could have drastic knock-on effects for the broader economy

 
When you dramatically raise interest rates you put mortgage holders under pressure.

The Reserve Bank of Australia has been raising rates to get inflation under control, but have they created another problem in the housing market?

At the moment roughly a quarter of Aussie households are under mortgage stress.

That’s defined as spending at least 30% of total household income on mortgage repayments.

That risks a huge number of mortgage holders unable to meet those requirements. When that happens the knock on effects could be disastrous for renters and the broader economy.

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Money

Nintendo’s live presentation sets the stage to end the financial year with a bang

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PlayStation 5 has received a fresh Discord update, enhancing your social gaming experience. Connect with friends, join voice chats, and stay in the loop directly from your console.

Prepare for a thrilling showcase packed with game reveals, exclusive trailers, and updates on your favourite Nintendo franchises.

Whether you’re a fan of Mario, Zelda, or new indie titles, this Direct promises to deliver something for everyone. Mark your calendars and get ready for a gaming extravaganza!

Emily Leaney joins to discuss the latest.

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Money

Finance expert empowers his social audience with accessible wealth tips

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The right strategy can change the game for your financial freedom. Meet the advisor making his tips accessible to all.

Wyld Money dives into the world of financial freedom. Whether you’re a seasoned investor or just getting started, join us for actionable tips and tricks to unlock your earning potential, and retire on your own terms.

In this episode, Mark is joined by James Wrigley, Financial Advisor at First Financial. #wyld money #trending

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Money

It takes a village: coordinated financial teams prove paramount to maximising wealth

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The pursuit of wealth is often faced by significant challenges including debt, lifestyle costs, and burnout – so what methods can help overcome these challenges?

Maximising financial opportunities involves a suite of tasks, from leveraging favourable loan rates, strategic tax planning, and coordinated financial advising.

Mark Wyld from MW Wealth joins to discuss more. #featured

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