How To Get A New Winter Outfit Without Breaking The Bank

Even when its still boiling outside,the shops are full of the new seasons clothes and in Perth its the Autumn and Winter collections. Every thing looks really nice but the prices are high too. So before you splash out on your credit card ,think what do you really need. If you look in your wardrobe and have a good clear out and i mean good clear out . That means if you did not wear something last winter then its time to go.
With what you have left put them back in the wardrobe on decent wooden hangers,i get mine at Ikea. Have some sort of order either colour or item. This way you can see what you need to fit in with what you have already. So the next time you go shopping you will know what to look for to complement what you have already.You can create a few new outfits by just adding a new top or a scarf or even a new hand bag or shoes. The main thing is to buy what you need and not a compulsive buy.

How To Get Your Foot In The Rental Door

If you are finding it hard to secure a rental property that is affordable on a low or moderate income,then a new Government scheme may be able to help you.
The National Rental Affordability Scheme ,NRAS is providing 50,000 homes for rent through out Australia to low and moderate income earners. These homes will be leased at a rental rate of at least 20 percent below market rates.
To meet the requirements two adults cannot earn more than $61006 as a combined income. 40,000 homes have already been allocated to be built with 6921 already National and 389 in WA.
Well whats in it for the Landlord you may ask. In return the homeowners will receive an annual income ,tax free from the Government. This is currently $9524 to compensate for the amount of potential rental income lost. For more information visit the web site for the NRAS.

http://www.fahcsia.gov.au/sa/housing/progserv/nras/Pages/default.aspx

What You Should Know About Your Family Assistance

Did you know that an overpayment can occur where your actual family income is higher than your estimate.
As a first time property investor i was not aware that income which was claimed as a loss at the end of the financial year was still counted as income.
I don't think my accountant was aware of this either.
So now maybe a good time to check your family estimate.

http://www.centrelink.gov.au

Use Your Tax Refund To Save Money

Now would be the best time of the year to open a savings account and save for a goal like a holiday or a rainy day.
We have just entered a new tax year so now its time to submit your tax return,hopefully you will be getting a refund. Before you rush out and buy a new TV consider opening a savings account.

I have been researching for an account that would suit me and the one looking the best is the Westpac E Saver. You may find a similar bank account form your own bank. The features of the Westpac E Saver are

5.00% pa with a special offer of an extra .75% if you open the account before the 14th of August.No minimum balance transfers or fixed term, no monthly service fee,Unlimited Telephone and online banking.

If you open an account like this using part of you tax refund then its money that you havn't had so you will not miss. Try also too to pay a set regular amount each month into the saving account and you will soon be earning interest and on your way to reaching your savings goal.

Expect Less Money In Your Tax Rebate

From the 1st July 2010,the Net Medical Tax Offset threshold was raised from 1500 Dollars to 2000 dollars. You will only be able to claim now 20% of each dollar over 2000 dollars. It was not a great deal any way but now will be less money to go into the family budget. The changes to this Medical Offset were introduced by Wayne Swan and the Labour Party