SmartFinance Compass

Budgeting Apps Australians Actually Use in 2025 Budgeting Apps Australians Actually Use in 2025 Budgeting apps are no longer just for finance nerds. In 2025, Australians are using simple, connected tools to track spending, save automatically, and reach money goals faster. Here’s a breakdown of the top apps people actually use. Mobile-first money management is now mainstream in Australia. Why use a budgeting app? Automated expense tracking via bank feeds. Goal-based savings jars or envelopes. Visual dashboards showing income vs spending. Push alerts to keep you on track. Top budgeting apps Australians use in 2025 App Pricing Key Features Best For Pocketbook (AU Classic) Free Bank sync, category tagging, budget alerts Everyday tracking ...

Tax Deductions You’re Probably Missing as an Aussie Tax time in Australia can feel overwhelming, but it’s also a golden opportunity to legally claim back money you're entitled to. Many Aussies miss out on deductions every year simply because they don’t know they exist. 💼 Commonly Missed Tax Deductions in 2025 Working From Home Expenses: Claim electricity, internet, and a portion of your rent or mortgage (if applicable). Union Fees and Subscriptions: Professional memberships related to your job are deductible. Tools & Equipment: If you use them for work, you can claim depreciation or outright cost. Self-Education: Courses that directly relate to your income can be claimed. Mobile Phone Use: Partial deduction based on work-related usage. 🔍 How to Track These Deductions Use tools like MYOB or Hnry to automatically track eligible deductions and generate reports for your accountant or the ATO. 🧾 Claiming Tips Keep digital receipts and log usa...

Top 5 High-Yield Savings Accounts in Australia 2025 Saving money shouldn’t just be about setting funds aside—it should also be about making your money work for you. In 2025, Australians have access to high-yield savings accounts that offer impressive interest rates, zero monthly fees, and digital tools to help you grow your savings faster. Whether you’re saving for a house deposit, emergency fund, or just looking to beat inflation, these accounts can help you reach your goals. 1. ING Savings Maximiser Interest Rate: Up to 5.50% p.a.* Conditions: Monthly deposit of $1,000 + 5 transactions Pros: Great mobile app, no monthly fees Cons: Conditions required to unlock top rate 2. Macquarie Bank Savings Account Interest Rate: 5.35% p.a. Conditions: No hoops to jump through Pros: Competitive rate with no strings attached Cons: Online-only experience 3. ubank Save Account Interest Rate: Up to 5.10% p.a. Conditions: Deposit $200/month and mak...