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207 articles written by Peter Terlato

Savings Accounts

Young savers are big winners as interest rates surge

On the back of tax season, people are re-assessing their budgets, seeking ways to invest and grow their tax returns. Banks are hoping to woo new customers and are enticing youthful clients with exclusive, high-interest savings accounts.

peter-terlato

Peter Terlato -

15 Aug, 2022 -

3 min read

Cryptocurrency

Top 6 alternative currencies to invest in beyond Bitcoin

We’ve all heard of Bitcoin - the world’s iconic cryptocurrency - and how it’s endured booms, busts and bubbles. However, Bitcoin isn’t the only crypto game in town. New altcoins are springing up all the time, each promising to bring something unique to the table.

peter-terlato

Peter Terlato -

10 Aug, 2022 -

6 min read

Home Loans

When will Australia's cash rate stabilise? And what is a 'normal' interest rate?

Interest rate hikes have been swift and sharp in 2022, testing the boundaries of a recession. Agreeing on a "normal" cash rate position in this unsettled post-pandemic period is an economic quandary.

peter-terlato

Peter Terlato -

09 Aug, 2022 -

4 min read

Buy Now Pay Later

'Save now, buy later': the new fintech competing with 'buy now, pay later' platforms

Hundreds of thousands of Aussie merchants accept 'buy now, pay later'. While this financial model seems to be a boon for retail businesses, is it a safe spending strategy for Australian consumers?

peter-terlato

Peter Terlato -

05 Aug, 2022 -

3 min read

Home Loans

The pros and cons of negative gearing: how does it affect investors?

Come tax time, investors can reduce their taxable income by claiming negative gearing losses, ultimately lowering the amount of tax they must pay to the Australian Taxation Office (ATO).

peter-terlato

Peter Terlato -

04 Aug, 2022 -

5 min read

Cryptocurrency

What is cryptoart?

As the 21st century marches on, new generations are placing greater value on digitised products and economies, including artwork. Examples of cryptoart include .jpeg files, internet memes, GIFs, 3D virtual renderings, video clips and music.

peter-terlato

Peter Terlato -

02 Aug, 2022 -

5 min read

Home Loans

Shared equity schemes vs guarantor loans

Sharing the burden of home loan costs can expedite the approval process. There are a few different options to consider when deciding who can help you secure the necessary finances to purchase a property.

peter-terlato

Peter Terlato -

01 Aug, 2022 -

9 min read

Home Loans

Inflation hits 21-year high: are we headed for stagflation?

Annual CPI rose to 6.1% in June, spurred on by expensive new dwelling purchases, dizzying fuel prices and steep furniture costs.

peter-terlato

Peter Terlato -

27 Jul, 2022 -

5 min read

Energy

What is load shedding?

Load shedding is the controlled reduction of electricity supply to parts of the nation's power system servicing homes and businesses. Discover how it works, when it occurs, and what you can do to be prepared for outages.

peter-terlato

Peter Terlato -

25 Jul, 2022 -

5 min read

Cryptocurrency

Westpac is advancing its engagement in crypto

Australia's "big four" banks remain hesitant to develop retail crypto trading platforms but are pursuing affiliated innovations, such as blockchains and stablecoins.

peter-terlato

Peter Terlato -

22 Jul, 2022 -

3 min read