December 29, 2022
New Year, New Me! Having new year’s resolutions can be a helpful way to focus on making positive changes in your life and improving yourself across finance, health, family, friends, and career to name a few.
Uncategorized Archives - Page 10 of 53 - Raiz Invest
December 9, 2022
PLEASE NOTE: This blog contains outdated information regarding “Custom” portfolios. These portfolios were replaced by Plus portfolios on 01/08/2023, for more information please read the Plus blog post or the PDS.
The wait is over! Raiz users can now have access to Australian residential property in their portfolio.
With as little as $5 you can gain exposure to our portfolio of ten properties (and counting!).
December 9, 2022
PLEASE NOTE: This blog contains outdated information regarding “Custom” portfolios. These portfolios were replaced by Plus portfolios on 01/08/2023, for more information please read the Plus blog post or the PDS.
We are excited to announce that we have added seven new ETFs to our Custom portfolio offering! This brings the total number of ETFs available to 23, alongside access to Bitcoin and the new Raiz Property Fund.
December 1, 2022
We all know that Christmas can be an expensive time of year and so it definitely makes sense to look for ways to stretch your money as far as it can during the festive season.
November 28, 2022
29-11-2022
In a surprising and unprecedented statement at a Senate Estimates Committee meeting yesterday, RBA governor Lowe apologised for forecasting in 2021 that they did not expect the cash rate to go up until 2024. Instead, the RBA has raised rates seven months in a row this year to tame the rising cost of living. He also emphasised that the recent federal budget has not impacted the RBA’s monetary policy.
November 21, 2022
With summer fast approaching, we can look forward to holidays over the new year, an Aussie Christmas in the sun, and some keenly anticipated trips to the beach with friends and family. Fitness becomes the focus for many as we approach the warmer months of the year.
November 21, 2022
NSW First home buyers can now choose to pay up-front stamp duty or a smaller annual land tax of $400 plus 0.3 %of the property’s land value.
October 31, 2022
01-11-2022
It was a bullish end to the week with the ASX200 finishing +1.6%, Dow Jones +5.72%, S&P500 +3.95% and the Nasdaq Composite +2.2%.
October 28, 2022
Now that you’ve got a couple of phrases under your belt from lesson one, let’s move on to some new jargon to unlock your inner finance bro!
October 26, 2022
The Home Guarantee scheme
The Home Guarantee scheme (5% deposit scheme) will continue with 10,000 spots in the program each year to 30 June 2026. Buyers only need a minimum 5 per cent deposit and they will not need to pay lenders mortgage insurance (LMI) on a 95 per cent home loan. The program will be open to First Home Buyers who are Australian citizens, who are at least 18 years of age. Permanent residents are not eligible. Single applicants with a taxable income of up to $125,000 per annum for the previous financial year and couples with a taxable income of up to $200,000 per annum for the previous financial year, as shown on the Notice of Assessment (NOA) issued by the Australian Taxation Office for the previous financial year. Participants must live in the property for at least the first 12 months. It is not open to investment properties. Couples are only eligible for the First Home Guarantee if they are married or in a de-facto relationship. Other individuals buying together, including siblings, parent/child or friends, are not eligible for the First Home Guarantee.
