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hang on10 jun 2026

did money really just do that?

your rentjust jumpedby 5.9%

via macrobusiness.com.au
what it means for you

finding a place is getting harder as advertised prices swallow an extra $11,200 of your annual income.

tl;dr

national rental vacancies dropped to 1.5% in may, matching record lows and pushing advertised rents up a total of 51% since late 2019.

the full story

The number of available rentals across Australia just hit a historic low, matching the floor we saw in 2022. Because there are so few keys being handed over, landlords hiked advertised prices by nearly six per cent in the last year. It is a supply squeeze that has been building for years, widening the gap between what people earn and what they owe.

For most people our age, the dream of living solo is getting priced out. More people are staying in share houses longer or moving home because they have hit a ceiling on what they can pay. This is a direct hit to the money you'd otherwise be using to build your own future.

go deeper: social inequality impact funds australia

half a millionon the linein sydney

via trybooking.com
what it means for you

you're seeing big international money flow into niche sports in australia that aren't just tennis or footy.

tl;dr

the australian badminton open is running at sydney olympic park this week with a total prize pool of usd $500,000.

the full story

The tournament is the premier event in Oceania and part of the Super 500 world tour. It's a joint venture at Sydney Olympic Park where the world's best athletes compete for a serious payday. While the big headlines usually go to the F1, this event quietly brings global competition to our backyard.

This is a sign that sports investment in Australia is diversifying. As global tours expand, more capital moves through local stadiums. It's worth watching how these international events attract sponsors and drive local spending, especially when parking at the venue is hitting thirty-five dollars a day.

go deeper: why festival tickets cost so much

the wiresbehind yourpower bills

via reneweconomy.com.au
what it means for you

your tax dollars are being used to fix the grid bottleneck that keeps electricity prices high.

tl;dr

the nsw government is spending $225 million to upgrade the grid in the south west. this allows 1.3 gigawatts of new wind and solar projects to finally connect.

the full story

The New South Wales government is putting serious cash into the South West Renewable Energy Zone to unblock the network. Right now, huge projects like Origin's Yanco Delta wind farm are ready to go, but the old grid simply can't handle the load. This investment aims to open up enough capacity to power hundreds of thousands of homes with cleaner energy as old coal plants shut down.

This matters because the transition to renewables has been stuck behind a massive infrastructure bottleneck for years. By spending taxpayer money on these transmission lines, the state is trying to force electricity prices down by increasing supply. It's a sign that the physical reality of the energy transition is finally catching up to the big climate promises.

go deeper: what does sustainability actually mean

boss payson paydayfinally

via independentaustralia.net
what it means for you

You'll get your super every time you get paid, meaning your money starts growing much earlier.

tl;dr

From July 2026, employers must pay super with every paycheck to stop $6 billion in unpaid contributions each year.

the full story

Right now, companies only have to pay your super every three months. That gap makes it way too easy for bosses to "forget" or for businesses to go bust before the money hits your account. The tax office reckons 3.3 million of us are getting short-changed by $1,730 on average every single year.

This new law lets the ATO track payments in real-time to catch underpayments immediately. Even if your boss is honest, getting that cash into your fund every fortnight instead of every quarter means more time for compound interest to do its thing. Experts reckon the timing change alone could add nearly $10,000 to your retirement.

go deeper: super basics for your twenties

that june 1debt hitjust landed

via propertyupdate.com.au
what it means for you

the timing of how your student debt is calculated means you're paying interest on money you've already repaid.

tl;dr

on june 1, hecs debts grew 2.8% before the government deducted the compulsory repayments you made through your salary all year.

the full story

Every payday, your boss takes a chunk of your salary to pay off your HECS. But the tax office doesn't actually wipe that off your loan balance until you file your tax return months later. This means when indexation hit on June 1, the 2.8% increase was applied to your old, higher balance instead of what you actually owe right now.

Independent MP Monique Ryan is pushing to move that indexation date to November. This small calendar tweak would save graduates over $3 billion in extra interest over the next decade. For now, the system stays lopsided, so keep an eye on whether this bill gets enough traction in Canberra.

that’s today’s edition. it updates daily.