Tom keeps a keen eye on all things personal finance while completing his Bachelor of Communications in journalism at the University of Technology. When Tom's not writing up the financial news of the day, he keeps readers up to date with everything from savings accounts to credit cards and student saving tips. In his spare time he plots travel adventures, indulges his football addiction and tries to keep on top of his ever-growing reading list. You can find Tom tweeting from @TomasAKWatson.
Wednesday 16 August 2017
Long gone are the days when you had to repay money with cash or by whipping out your cheque book, because the invention and uptake of online bank accounts has made everything from transferring money to friends and family to paying rent and bills a breeze.
Monday 14 August 2017
A federal senate committee has stated that it is ”deeply concerned” by a lack of transparency in Australia’s $3.1 billion general insurance industry, and has implored the government to adopt a number of recommendations that would improve consistency and comparability between insurers.
Monday 07 August 2017
Growing concern about a shortfall in the amount of money they will have available at retirement is incentivising more and more Australians to focus on slashing their debt and boosting their savings balance a new report has found.
Thursday 03 August 2017
The emerging shift from Aussies opting for card payments over cash could continue to accelerate, with a recent report into the Australian black economy making a number of recommendations that could drastically disincentivise cash transactions.
Monday 31 July 2017
Australian households are becoming increasingly pessimistic about their financial future according to a new report, with the high cost of energy prices, looming interest rate rises and static income levels all contributing to household stress.
Thursday 27 July 2017
There’s no doubt that young Australians often get a bad wrap for their impulsivity when it comes to making financial decisions - focusing too much on avocado-based breakfasts rather than saving for a future home.
Wednesday 26 July 2017
It’s that time of the year again when millions of Australians take on the arduous task of filling out their taxes, and with the temptation of a potential refund in the thousands of dollars it’s not surprising that many have lodged their returns already.
Tuesday 25 July 2017
It’s no secret that Australians love their cashless payment options, and it seems the big banks are following the trend with the announcement that Westpac is closing a number of traditional branches at the same time as ANZ opens its first cashless branch in Brisbane.
Monday 24 July 2017
The month of July means one thing for millions of Australians: constant checking of their bank accounts as they wait for the arrival of that much sought after tax refund.
Thursday 20 July 2017
Sydney’s property market may just have hit another record high, with the median house price now roughly $1.18 million, but when it comes to growth the harbour city is well and truly lagging behind the Melbourne market.