In a significant move set to affect millions of Australians, the Australian government’s digital identity app, myGovID, will undergo a major rebranding to myID in mid-November 2024. This change aims to streamline the digital identity process and reduce confusion among users of government online services. What’s Changing? The Australian Taxation Office (ATO) has announced that…
In recent weeks, a deceptive online scam has emerged, preying on unsuspecting Australians with the false promise of a Centrelink ‘bonus payment’. This clickbait scheme has raised alarm bells among government officials and cybersecurity experts, prompting urgent warnings to the public. The Anatomy of the Scam The fraudulent websites and social media posts claim that…
With petrol and diesel prices fluctuating frequently, it’s essential to adopt smart strategies to minimize fuel costs. From using technology to altering driving habits, there are several ways you can save money at the pump. Use Fuel Price Apps Fuel price apps are a powerful tool for motorists looking to save money. These apps provide…
Australians are being urged to exercise caution as fraudulent websites circulate, falsely advertising a non-existent $890 “bonus” payment for Centrelink recipients. his scam aims to steal personal information by misleading individuals into believing they are eligible for a cost-of-living relief payment. What is the Scam About? In recent weeks, several websites have emerged claiming that…
Amidst the rising cost of living, Australians are being cautioned against scams that exploit financial vulnerabilities. A recent incident saw an Aussie couple lose $1,000 from their Centrelink payments due to a scam impersonating a charity. This alarming trend highlights the need for vigilance as scammers increasingly target those seeking financial assistance. The Rise of…
Commonwealth Bank of Australia (CBA) is urgently investigating reports of duplicate transactions affecting customer accounts, leaving many concerned about their finances. The bank acknowledged the issue on Saturday morning, assuring customers that it is working to resolve the problem and refund any associated fees. Customers Raise Alarm Over Unexpected Charges On Saturday, October 19, 2024,…
Australia’s superannuation system, designed to ensure a comfortable retirement for workers, is facing criticism as many Australians find themselves potentially $100,000 short of their retirement goals. This ‘shock’ revelation has sparked concerns about the effectiveness and clarity of the current system, leaving many workers confused and unprepared for their financial future. The $100,000 Shortfall: A…
In just a few weeks, millions of Australians who rely on Centrelink payments will see significant changes to their benefits. These adjustments, set to take effect in October 2024, address rising living costs and provide additional support to those most in need. Key Changes to Centrelink Payments Increased Payment Rates: The most notable change is…
The Internal Revenue Service (IRS) has announced significant tax relief measures for individuals and businesses affected by Hurricane Helene. The relief extends to seven states, including the entirety of Alabama, Georgia, North Carolina, and South Carolina, as well as parts of Florida, Tennessee, and Virginia. Extended Deadlines Taxpayers in the designated disaster areas now have…
Australia’s JobSeeker payment has come under intense scrutiny as new analysis reveals it amounts to a mere 20% of the average wage, prompting urgent calls for reform. The Australian Council of Social Service (ACOSS) has released a damning report during Anti-Poverty Week, highlighting the stark disparity between income support payments and living costs in one…
