Good morning - welcome to a new tax year

Welcome to the 2025 financial year - the great news is from today you will receive more cash in your pay packet - winning!!

The tough question is what are you going to do with it? We know times are tough but if you can spare it think about having this sent directly into your home loan for a massive long term payoff...we recently spoke to the AFR on just this topic and the potential is there for a couple on good incomes who commit to paying this extra into their loan to save around $322,000 in interest over the term of their loan as well as pay their loan off early.

Effectively you could buy an apartment with the compound interest saving if you stick to it diligently! That could be your retirement home.