How much do you need to borrow to buy a typical Australian home these days? Well, the average loan size has increased dramatically over the past year – up almost $100,000.

Cut calories, increase your steps, abstain from alcohol: each year we set ourselves some pretty lofty New Year’s resolutions, most of which are doomed to fail. So why not add a nice straightforward financial goal to the list this year? Here are three to get you started.

Back in March the Australian Federal Government introduced a range of measures to assist the economy during COVID-19, one of which was the ability for financially affected people to withdraw from their superannuation.

The purpose of the measure was to assist these people to be able to afford their living expenses in the event that they were stood down, laid off, or had their hours reduced, as a result of COVID.

However many people seemed to have other ideas in mind for the cash.