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Budget basics: What’s the difference between fiscal and monetary policy?

Budget basics: What’s the difference between fiscal and monetary policy?

Imagine our economy is a plane that’s being driven by two co-pilots. Each pilot has their own control panel, but they share similar objectives: to keep the plane flying smoothly.

  • by Paridhi Jain

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Novelty socks and ramen: What a consultant on $84,000 spends in a week

Novelty socks and ramen: What a consultant on $84,000 spends in a week

This week on Money Diaries, an environmental consultant who makes $84,000 a year impulsively spends $3 on a pair of cow-themed socks.

  • by Refinery29 Australia
Stuff it: Millennials return to cold hard cash in a bid to save money

Stuff it: Millennials return to cold hard cash in a bid to save money

Millennials are turning to one of the most traditional forms of saving in a bid to adopt better money habits in the face of the cost of living crisis.

  • by Nina Hendy
Spending too much? Here’s what you can do about it

Spending too much? Here’s what you can do about it

Overspenders get a bad reputation, often being seen as being lazy, irresponsible and uncaring towards their finances. But I have a different perspective.

  • by Paridhi Jain
‘Whack-a-mole’: NAB’s 38 per cent increase in scam attempts

‘Whack-a-mole’: NAB’s 38 per cent increase in scam attempts

Millions of Australians became more vulnerable to scams in 2022 following a spate of large-scale, high-profile data breaches.

  • by John Collett
Ice-cream, personal training: What a couple on a $395,000 joint income spend in a week

Ice-cream, personal training: What a couple on a $395,000 joint income spend in a week

This week on Money Diaries, an associate research director who has a $395,000 joint income and spends some of her money on vegan ice-cream.

  • by Refinery29 Australia
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How I cut my spending 35 per cent with one simple trick
Opinion
Spending

How I cut my spending 35 per cent with one simple trick

An experiment to put my credit cards “on ice” yielded surprising results.

  • by Nicole Pedersen-McKinnon
AI-powered ‘robo-advisers’ could plug financial advice gap

AI-powered ‘robo-advisers’ could plug financial advice gap

Robo-advice is moving beyond basic advice, but human advisers are not about to become obsolete.

  • by John Collett
I’ve just given birth to my second child. It will slam me financially

I’ve just given birth to my second child. It will slam me financially

It’s not as if I didn’t understand this before embarking on my pregnancy. But knowing something theoretically is very different to experiencing it in reality.

  • by Shivani Gopal
Lost your job? How to make your redundancy payout work for you
Analysis
Job hunting

Lost your job? How to make your redundancy payout work for you

Redundancy is not all bad news. Depending on the size of your payout, there could be an opportunity to make a significant change to your working life.

  • by Paul Benson
Macca’s and video games: What a piano teacher on $38,000 spends in a week

Macca’s and video games: What a piano teacher on $38,000 spends in a week

On Money Diaries this week, a university student and piano teacher who makes $38,000 a year and spends some of her money on McDonald’s and a Nintendo Switch game.

  • by Refinery29 Australia