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Around 12 million Americans take out payday loans to help them pay for monthly expenses. andriano_cz/iStock / Getty Images Plus via Getty Images

We tend to underestimate our future expenses – here’s one way to prevent that

Understanding why people underpredict expenses could help them budget more accurately – and even encourage them to save more money.
The key reason for the squeeze on household spending and saving is of course the ongoing weakness in the growth rate of household disposable income. Lukas Coch/AAP

Budget policy check: does Australia need personal income tax cuts?

The government says personal income tax cuts are needed to provide relief from low wages and high cost of living, but will tax cuts make up for that?
While people in WA might be spending less, there remains segments of the population that are vulnerable to intense cost of living pressures. shutterstock

Sydney the most expensive capital in Australia, Perth comes in fifth: new report

Households in NSW spend the most and WA households the least in Australia, but there are segments of WA who are feeling the bite more acutely in cost of living.

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