Wealth

The high tide for global interest rates has passed, but respite for the world economy may be limited as policymakers stay wary at the threat of inflation.

This comes as the RBA signals its readiness to further tighten policies if inflation fails to return to the target range in due course.

While the nation's stock market is experiencing a surge, the anticipation of the first rate hike since 2007 looms, potentially tempering the ongoing rally. As Japan's stock market gains momentum, international investor interest intensifies, but forthcoming rate adjustments could moderate the market's upward trajectory.

how can individuals effectively manage their savings, budgets, and long-term plans to enhance financial capabilities?

It is essential to take control of personal finances through money-saving strategies, budgeting, and long-term planning.

managing day-to-day expenses, having a good understanding of credit scores is essential. In Australia, as in many other countries, credit scores play a pivotal role in determining an individual's borrowing potential. Let's delve into the credit scoring system used in Australia and explore how it can affect your ability to secure loans and credit.