Private Schools and Rugby Union: Use it or lose it

The Wallabies’ recent 42 – 8 Bledisloe Cup drubbing by New Zealand was not as surprising as it should have been. Amongst veteran commentators and savvy spectators alike, there was an unshakeable feeling of familiarity this time around. And ‘this time around’ is the phrase of best suit – New Zealand have held the cup since 2003. In fact, this loss is one of the most humiliating since the one that started the streak – a 21 – 50 defeat by the All Blacks on our home turf in 2003. Part of this familiarity…

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5 Ways to Fund Your Private School Fees

One in three parents with kids at school will feel a collective pain this month when their next private school fee bill arrives for payment. With so many Australian parents now choosing to invest in a private education for their children more and more are asking the question: how to pay for school fees? We took a look at the top 5 options: 1. Save in a mortgage offset account Many mortgage facilities have a 100% offset account attached. Any savings you have set aside in the offset account is…

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It All Begins With Why

There is a fundamental principle driving everything we do at Edstart: we believe education is the world’s most powerful investment. Our mission is to direct more capital towards education funding, and in doing so provide students and their families with a simply better way to pay for education. Edstart has developed a platform to help fund the cost of education fees by providing smart, low-cost loans customised for the needs of each borrower. The loan funding is provided by investors who share our belief in the power of education…

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Ever racked up credit card debt to cover school fees? You are not alone…

A recent survey of Australian families has revealed 1 in 7 are using credit card debt to fund the cost of their private school fees. This finding is consistent right across the spectrum: those paying fees higher than $25,000 per year are just as likely to use credit card debt as those paying under $5,000 per year. Many families are familiar with the scenario: school fee bills arrive, there isn’t quite enough cash lying around to pay them and so they end up on a credit card.…

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Australian Banks Need Competition, Not Royal Commission

Recent calls for a royal commission into the Australian banking industry have gained traction this month, attracting support from many in the community who have lost faith in the financial system. There is no question about the validity of claims made about this sector. Many of the stories of greed, self-interest and questionable ethics within the finance industry are downright appalling. However, a royal commission is not the right way to drive change. Firstly, a royal commission will be expensive. The direct cost to the government is likely to exceed…

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