Everand Logo

Welcome to Everand!

  • Money Magazine

    Refund & reset

    Jun 05, 2019 4 minutes
    REBECCA
    PRITCHARD
    FINANCIAL COACH,
    WEALTH ENHANCERS

    We’ve all been there. The notification comes through your myGov account or your accountant: you’ve got a tax refund coming your way. Yes! You had a feeling it was the case, perhaps it is every year, but you’re not 100% sure until you see that notification. And you’ve been impatient to know how big it is.

    You’ve now got money coming your way and the cogs in your head start turning on what to do with it. ATO figures show that the average tax refund for Australians is between $2500 and $3000. It’s big enough for us to pay attention.

    But a tax refund is not a bonus. This is a big reframe

    You’re reading a preview, subscribe to read more.

    More from Money Magazine

    Money Magazine1 min read
    $200 Slashed From Monthly Grocery Bill
    Inflation may have left consumers primed to accept price hikes at the checkout. But for first-time homeowners Chris and Isha Rana, spare cash is a rare thing. Faced with the double whammy of rising mortgage repayments plus higher living expenses, the
    Money Magazine3 min read
    The Price Is Right – Sometimes
    If the expression ‘May you live in interesting times’, usually attributed to the Chinese, was applied to a single ASX sector, I think it would have to be resources. These businesses tend to be price takers and that price is usually nothing if not vol
    Money Magazine1 min read
    Your ‘Renovate Or Move’ Checklist
    1. You can create a home tailored to your specific needs and preferences. 2. You can stay put, which is ideal if it's close to work and amenities, and you have good neighbours. 3. You could increase the value of your home with considered updates. 4.

    Related Books & Audiobooks