If you’re living in Australia or planning to move there, you’ll quickly realise that the rules around savings, mortgages and retirement differ from the UK. This guide pulls together the most useful advice from our articles so you can make smarter money moves without endless Googling.
First up, retirement. Our piece on "How Long Does $1 Million Last in Retirement?" breaks down the numbers for Aussie retirees. The main takeaway? A million dollars can last well into your 80s if you keep your withdrawal rate around 4% and blend it with inflation‑adjusted investments.
Next, mortgages. The cost of a $100,000 loan at 7% over 30 years looks scary, but the mortgage cost calculator shows you’ll pay roughly $51,000 in interest. In Australia, you might face slightly lower rates, yet the principle stays the same: the longer the term, the higher the total interest.
Budgeting is another cornerstone. Whether you earn $4,000 a month or more, setting up a simple budget helps you spot waste. Use the 50/30/20 rule – 50% needs, 30% wants, 20% savings – and adapt it to your Aussie cost of living. Our Basic Budget Setup article offers a ready‑to‑use template you can copy into Excel or a budgeting app.
Each post on this tag is written for real‑world situations. For example, the 20% Credit Card Rule article explains why keeping your credit utilisation below 20% can protect your score and lower interest charges – a tip that works whether you use a Commonwealth Bank card or an ANZ card.
If you’re curious about high‑yield savings, our guide on 7% interest accounts compares UK offers but the concept applies Down Under: look for fixed‑rate term deposits from reputable banks and watch out for early‑withdrawal penalties.
Investments like the 70/30 strategy, where 70% goes into growth assets and 30% into safer bonds, are explored in detail. The article stresses diversifying across Australian listed shares and global ETFs to balance risk.
Finally, don’t ignore the small but powerful topics. The Credit Score Needed for a Bank Loan post shows that most Aussie lenders start looking at scores around 620, but a boost to 700 can shave off a full percent on your loan rate.
Grab the articles that match your current goal, read the quick checklists, and apply the steps today. Your financial harmony starts with one clear decision – whether it’s tweaking your budget, reviewing your mortgage, or planning for a comfortable retirement in Australia.
Shocked by your 2024 homeowners insurance bill? Learn why rates spiked so much in Australia, who's to blame, and what you can actually do.
Read More >>
Choosing a bank with the lowest car interest rates can save you a significant amount of money over time. This article provides a practical guide to finding which bank offers the most competitive car loan rates in 2025. Explore tips and factors to consider, such as loan term and credit score, for making an informed decision. Learn how to stay updated with the latest rates and make the best financial choices for your car purchase.
Read More >>